Charter & Fractional
U.S. Air Charter Activity Robust, but Lags 2021 Peak
Part 135 sector remains healthy overall
FlyExclusive operates 11 Cessna Citation CJ3 twinjets in its fleet of 85 aircraft. (Photo: FlyExclusive)
FlyExclusive operates 11 Cessna Citation CJ3 twinjets in its fleet of 85 aircraft. (Photo: FlyExclusive)

An analysis from Argus shows that North American Part 135 activity remains robust heading into year-end 2025, with October ranking as the second-busiest month on record—trailing only October 2021. The report, released this week, examines aircraft counts, total flight hours, and utilization trends to delve into industry performance.

Argus’ previous October analysis also framed the month as the second-busiest on record, pointing to a 5.3% year-over-year (YOY) increase in global activity and broad strength across North American and European segments. The new report confirms October’s activity and shifts the focus to the structural drivers behind it: fleet size, total hours flown, and utilization. While the earlier report emphasized demand trends—fractionals booming at double-digit rates, Part 135 up 4.9%, and regional breakouts—the new analysis adds a deeper operational lens.