Bizav Flying Up Thanks To Rise in Air Charter Activity

AINalerts » August 13, 2013
August 13, 2013, 3:45 PM

Business aircraft flying increased by 1.4 percent year-over-year last month, thanks to a surge in activity at Part 135 charter operators, according to TraqPak data released today by aviation services company Argus.

Continuing a trend since the beginning of this year, Part 135 again was the only operational category to experience a gain in flying activity, logging a 17.8-percent increase last month versus a year ago. This is also this segment’s 10th consecutive monthly increase. Part 91 activity fell by 3.5 percent year-over-year, while fractional flying–hurt greatly by the grounding of Avantair–fell by 12 percent, Argus said.

By aircraft category, large-cabin jet flying led with a 6.9-percent gain last month versus a year ago, followed by midsize and light jet activity with gains of 6.2 percent and 4.5 percent, respectively. The turboprop segment decreased by 6.6 percent, attributable to the Avantair shutdown and an 8.8-percent reduction in turboprop flying by Part 91 operators.

However, there were several healthy double-digit gains in individual market segments, including 29.9-percent and 22.6-percent increases in Part 135 midsize and light jet activity, respectively. Large-cabin fractional flying also soared by 12.3 percent. Meanwhile, fractional turboprop flying sunk by 55.4 percent, again attributable to Avantair.

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

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