ARG/US: Bizav Flying Activity Stabilizing

 - June 29, 2009, 11:20 AM

The gap between U.S. business aircraft flying activity this year versus last year continued to narrow in May, according to TraqPak data from ARG/US. While activity in May was down by 15.5 percent from the compared year-ago period, TraqPak data also indicates that business aircraft activity in May increased 3.3 percent from April. More good news is that Part 91 activity eked out a 0.1-percent gain in May compared with the same month last year. Still, Part 135 charter operator activity was down 36.7 percent compared with May last year, and fractional flying lagged by 26.1 percent in the same comparable period, although fractional turboprop flying climbed 6 percent.