
Global business aircraft flight activity last month rose 1.1% year over year (YOY), with North America and Europe seeing declines of 2.6% and 4.8%, respectively, while the rest of the world climbed by 10.6%, according to TraqPak data from Argus International. When corrected for the leap day last February, flying was up 4.7% globally last month, it added. Argus analysts are predicting a 0.6% YOY increase in North America and a 2.9% traffic decrease in Europe this month.
In North America, results by operational category were mostly positive last month, with fractional activity once again leading the way with 3.6% YOY gains. Part 135 flying inched up by 0.4%, marking the third consecutive month of increases, while Part 91 plunged 7.5%. But aircraft categories in the region were all negative versus last February: large-cabin jets, -4.4%; light jets, -4%; turboprops, -2.7%; and midsize jets, -0.5%. The largest and only double-digit increase in individual categories in North America was fractional large-cabin activity, which climbed 10.2% YOY.