Bizav Flight Activity Shows Possible Recovery
Business aircraft flight activity in March increased nearly 8 percent over February, according to data from Cincinnati-based ARG/US. This marks the second month-over-month upward trend in recent flight data from ARG/US and further strengthens hope for a sign of recovery in the business aviation industry. Still, flight activity has dropped an average of 1.76 percent per month over the last 12 months, with total flight activity declining 20.45 percent in that period. Compared with the same month last year, business jet and turboprop traffic was down 26.2 percent in March. Part 91 flying decreased 12.5 percent year-over-year; Part 135, down 49.1 percent; and Part 91K/fractional, down 30.4 percent. Notably, fractional turboprop flying increased 1.4 percent.