Business Aircraft Flying Back in the Black
Business aircraft activity last month climbed by 1.8 percent from a year ago, according to TraqPak data released today by aviation services company Argus. This was only the third year-over-year increase seen so far this year, it noted.
Carrying the water again was the Part 135 category, which–as it has for much of this year–was the only operating segment to experience a gain in flying activity last month, rising 14.4 percent year-over-year. This also marks a full year of consecutive monthly increases in this segment. Part 91 activity dropped 2.5 percent and fractional flying–still reeling from Avantair’s demise–fell by 11.8 percent last month, Argus said.
By aircraft category, business jet flying was up across the board, while turboprop activity slid by 4.9 percent. Large-cabin jets led the pack with an 8.5-percent year-over-year gain last month, followed by increases in light and midsize jet flying at 3.8 percent and 3.7 percent, respectively.
Looking at individual markets, the fractional turboprop segment suffered a 60.9-percent decrease in flying due to Avantair’s shutdown and involuntary bankruptcy. There were double-digit gains in all of the Part 135 individual market segments, ranging from a 10.8-percent rise in large-cabin jets to a 17.9-percent climb in midsize jets, but fractional large-cabin jet activity surged the most, logging a 19.4-percent increase.
Argus TraqPak data provides “serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S. and Canada.”