Posted on November 2nd, 2018
Here are some of the Highlights:
February’s 0.4% increase in business aviation flight hours registered a 4th consecutive month of activity growth in Europe. There were 43,524 flights, 0.6% more than in February 2013.
The YOY February performance was however flattered by private flight activity, especially on business pistons and turboprops. Charter flights fell 2.3% and flights on business jets were down 0.8% YOY.
Activity growth in Ukraine reflects the crisis, as it may also have done in Russia (along with Sochi). Significant flight growth in Germany may indicate a market turnaround, although it mostly came in piston aircraft.
You can download the latest version of the Business Aviation Monitor here.
WINGX also offers an in depth market review in their Business Aviation INISGHT. INSIGHT profiles relevant trends of aircraft usage at various levels of detail [e.g. global markets, flight hours, city pairs, airports, aircraft models, etc.].