Nearly two months after the U.S. and Israel’s initial attack on Iran, the Middle East business aviation market remains “deeply suppressed,” according to the industry data analyst WingX Advance. In its latest weekly global market tracker report, the JetNet subsidiary noted that regional fuel uplifts in the region were holding at levels more than 40% below pre-conflict norms, while activity was down nearly 46% year over year, with no recovery trajectory in sight.
Yet, for week 15, despite the Middle East conflict and its stifling effect on private aviation—which curtailed global growth by half a percentage point—global flight activity actually rose by 5.6% year over year with approximately 82,000 sectors flown. North America saw an improvement of 9.2% (buoyed by traffic to the Masters Tournament in Augusta, Georgia), while South American usage rose by 14.3%. Asia improved by more than 4.1%, and Europe posted a 4.4% decline.
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