Aircraft
Frax Driving Global Activity Jump; Flight Depts Lagging
Flexjet and FlyExcusive seeing big leap in activity
FlyExclusive operations in November were up by 130% over 2019.
FlyExclusive operations in November were up by 130% over 2019.

Fractional and charter operations are driving increases in global business jet activity, but corporate activity is lagging, according to aviation analyst Jefferies. Citing WingX data and its own estimates, Jefferies noted that fractional and charter activity was up by 8% year over year (YOY) in November, but at the same time, corporate flight department activity was down by 5%.

Even so, business jet operations were up by 8% globally YOY and 5% year to date (YTD). The Asia-Pacific region led the global increases, up by 11% YOY, followed by North America (up 8% YOY) and Europe (up 1% YOY).