
Global business aircraft flight activity last month climbed 7.3% year over year (YOY), with North America reporting a stronger-than-expected increase—up 4.1% from December 2023—according to TrakPak data from Argus International. The European market also turned positive, rising 1.3% YOY, while the rest of the world continued with its upward trend, soaring 30% from a year earlier. Argus analysts are predicting that North American and European flying will be 5.8% and 0.8% higher YOY, respectively, this month.
“Business aviation flight activity delivered a nice Christmas gift to finish out 2024. We had expected it to be a positive month, but our growth models were expecting about half of what we ended up seeing,” said Argus senior v-p of software Travis Kuhn. “In North America, we still have areas of concern in large-cabin-jet Part 91 and Part 135 activity. We do expect Part 135 activity to finally begin to show positive gains on a consistent basis as we move into 2025.”