Aircraft
January Bizav Ops Still Grow Despite Winter Storm
North American aircraft operations dropped after large storm
Fractional turboprops showed the biggest YOY gain in January in North America.
Fractional turboprops showed the biggest YOY gain in January in North America.

Global business aircraft flight activity continued to strengthen in January, finishing the month up by 2.4% year over year (YOY) with operations increasing by 1.3% in North America and by 0.5% in Europe, aviation researcher and safety specialist Argus International reported yesterday. Further, Argus anticipates this growth to continue this month, projecting a 1.3% YOY increase in North America and 4.3% jump in Europe.

The activity in North America was actually muted by the winter weather in January. Citing its TraqPak data, Argus noted that flights were up by 6.5% from January 1 to 22 YOY but then declined by 10.9% during the rest of the month following the major winter storm that covered a large swath of the U.S. and the subsequent extreme cold.

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