Business Aircraft Flying Regains Climb in December

AINalerts » January 21, 2014
January 21, 2014, 3:20 PM

After a slight slump in November, business aircraft activity last month climbed 5.1 percent year-over-year, according to the latest TraqPak data from aviation services company Argus. Numbers were positive nearly across the board, hopefully positioning business aircraft flying off to a good start for this year.

By operational category, Part 135 charter activity led the pack with a 13.4-percent increase from December 2012. Meanwhile, the Part 91 segment recorded its first year-over-year rise since October 2012, ascending 1.6 percent, Argus noted. Fractional flying–still affected by the shutdown of Avantair–was slightly in the red, falling 0.8 percent.

By aircraft category, jets were up and turboprops were down. Large-cabin jet flying posted a 15.9-percent increase, while light and midsize jet activity climbed by 8.3 percent and 7.4 percent, respectively, year-over-year. Turboprop activity decreased by 3.3 percent, also as a result of Avantair’s shutdown.

There were plenty of double-digit increases in individual market segments. Part 135 light, midsize and large-cabin jet flying soared by 15.8 percent, 20.2 percent and 23.6 percent, respectively. Fractional light and large-cabin jets posted gains of 19.8 percent and 21.1 percent, while Part 91 large-cabin jet flying rose by 11 percent. The only losses in individual market segments were in the Part 91 and fractional turboprop categories, down 1.5 percent and 53.5 percent, respectively, with the latter again attributable to Avantair’s collapse.

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

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