Finance, Taxes, Insurance
Supply/Demand Imbalance Could Signal Dip in Bizav Sector
WingX data suggests rising aircraft numbers may not be viable as demand flattens
NBAA-BACE static display
Business aviation in the U.S., as reflected in the static display in the annual NBAA-BACE show, has maintained its dominance in the global market.

Business aviation’s largely upward trajectory could be truncated due to recessionary fears spreading westwards across the Atlantic to North America, according to early market indicators tracked by data specialist WingX. In a presentation to the British Business and General Aviation Association (BBGA) annual conference on Tuesday, WingX managing director Richard Koe warned that the industry may soon have more aircraft deployed than can be supported by demand levels.

“The average number of hours flown per aircraft is currently between 60 and 65 flight hours per month,” he reported. “But we are starting to see a bit of a gap between the number of aircraft coming into the market and activity levels, and there is now concern about a potential recession in the U.S., and the charter market is where we will see the turn first.”