Business Aviation Flying Slumps in September, Argus Data Shows
Posted on February 12th, 2019
Business aircraft flying activity in the U.S. hit a slump last month, falling 2.9 percent from a year ago, according to TraqPak data released late Tuesday by aviation services company Argus. Activity was down across the board in both the operator and aircraft categories. While Part 91 flying has consistently been the beacon of hope in the operational category segment during the business aviation industry’s uneven recovery, the segment recorded its first loss in 24 months, decreasing 3.3 percent from a year ago. Part 135 charter activity dipped by 0.4 percent, while fractional flying slid 6.2 percent. Aircraft category results last month were equally dismal. Large-cabin activity logged the smallest decrease at -1.6 percent, followed by light jets, -1.9 percent; midsize jets, -2.3 percent; and turboprops, -4.6 percent. Until last month, turboprop flying was driving much of the overall activity increases seen since the beginning of the year. Looking at individual market segments, Part 135 midsize and light jets posted the largest year-over-year increases, up 1.6 percent and 1.8 percent, respectively. Fractional midsize jets showed the largest decline, dropping 8.3 percent from a year ago. Argus TraqPak data provides “serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S.”
Tags: Argus, business aircraft flying activity, traq pak, business aviation
