Large Jets Give Lift to U.S. Bizav Flying in October

Increase font  Decrease font Release Date:2016-11-18  Author:Kathleen  Views:1361
Tips:Defying industry analysts’ pessimism about the upper end of the business aviation market, large-cabin-jet activity led the surge in North American business aircraft flying last month, according to TraqPak data released yesterday by Argus International.
Defying industry analysts’ pessimism about the upper end of the business aviation market, large-cabin-jet activity led the surge in North American business aircraft flying last month, according to TraqPak data released yesterday by Argus International. Overall activity soared 3.3 percent year-over-year, though this fell slightly short of the company’s projection for a 4.1-percent rise. Argus analysts remain optimistic about this month, estimating a 3.1-percent increase in flying.
once again, all operational categories saw gains last month, with fractional flying out front at a 5.7-percent gain. Part 135 activity was nipping at its heels, rising 5.2 percent, while the Part 91 segment logged a 1.5 percent advance.

For the third consecutive month, all aircraft categories recorded improvements last month. Large-cabin-jet flying jumped 10.3 percent year-over-year. This was followed by a 2.9-percent uptick in light jet activity, a 2.3-percent rise in turboprops and 1.9-percent gain in midsize jets.

Fractional and Part 135 large-cabin-jet flying achieved the only double-digit gains last month in individual categories, rising 27.3 percent and 16.8 percent, respectively, year-over-year. The only loss in an individual category was Part 91 midsize-jet activity, which fell 1.4 percent from a year ago.

Argus TraqPak data provides “flight-number-specific aircraft arrival and departure information on all IFR flights in the U.S., Canada and the Caribbean.”

 
Keywords: business aviation;
 

 
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