Aircraft
January Bizjet Departures Up but Corporate Flights Drop
North America led gains in business aircraft departures, Jefferies reported
FlyExclusive CJ3
FlyExclusive posted the biggest gains in departures in January among the major fractional and charter operators. © Textron Aviation

Global business jet departures were up 5% year over year (YOY) in January, with North American and European activity increasing 7% and 3%, respectively, according to analyst Jefferies. Citing WingX data, Jefferies also found that departures in the Asia-Pacific region were flat YOY for the month. Flight hours, meanwhile, were up 4% YOY, but the average trip duration was down 1% to about 1.7 hours.

Corporate flight department departures lagged behind other operator types, dipping 9% YOY in January and also down 16% from the same month in 2019. It was the only operator category to fall behind the pre-Covid 2019 benchmark.

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