Posted on July 7th, 2010
Cincinnati, Ohio, July 5, 2010….ARGUS TRAQPak data is serial-number specific aircraft arrival and departure information on all IFR flights in the US (including Alaska and Hawaii). The report contains tables that reflect business aircraft activity data for June 1-30, 2010 vs. May 1-31, 2010 and June 1-30, 2010 vs. June 1-30, 2009 respectively. Note: Part 135 charter certificate flight activity reflects flights of aircraft on Part 135 charter certificates irrespective of the mission type. Customers may call +1 800.361.2216 to request a copy of this market intelligence report.
Business aircraft flight operations increased 1.2% month over month. TRAQPak data indicates June business aircraft activity was up 1.2% over May 2010. By aircraft type, the turboprop segment led with a 5.4% increase over May. By type of operation, the Part 91 market was the only sector in the black showing growth of 2.8%. Looking at individual market segments the turbo prop aircraft led the field with the fractional turboprop segment rising an impressive 10.4%, the Part 91 turboprop sector increased 5.7%, and the Part 135 turbo prop activity rose 3.7%. Small cabin jets also fared well in June showing a 4% increase over May.
Looking at the year over year results (June 2010 vs. June 2009) activity was up 4.9% overall, with all operational category sectors showing positive growth, the fractional market had the strongest increase at 6.7%. Looking at aircraft category results the mid-size cabin jet market segment showed the biggest increase at 10%, with small cabin aircraft also showing growth up 5.8% year over year. Reviewing individual market segments, two areas had double-digit increases over June 2009, Part 135 charter mid-cabin aircraft and the fractional turboprops at 18.9% and 15.6% respectively.
Click Here to Download the Argus Full Report.
Tags: jet charter, business aircraft activity, jetoptions blog
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