Bizav Activity Strengthening, ARG/US Data Shows

 - December 17, 2009, 10:08 AM

November business aircraft flight activity indicates a “continued trend toward recovery,” according to TraqPak data from aviation specialized services firm Aviation Research Group/U.S. (ARG/US). The data indicates that business aircraft activity last month was up 22.7 percent year-over-year and 3.15 percent above October activity. In an encouraging sign, business aviation flight activity for both aircraft types and operators logged across-the-board increases, the only exception being fractional light jets (down 3.6 percent from November last year). By aircraft type, large-cabin jets led the improvement at 28.1 percent versus a year ago; midsize jet activity was up 26.2 percent, turboprops rose 24.2 percent and light jets were up 14.3 percent. By type of operation, Part 135 flying increased 34.1 percent year-over-year, fractionals were up 21.2 percent and Part 91 operators gained by 18.3 percent. Teal Group aerospace analyst Richard Aboulafia told AIN that these numbers are “more evidence of market stabilization,” though he cautioned, “Stabilization is a long way from recovery, let alone a return to growth.” Meanwhile, business aviation analyst Brian Foley said the data is “good news and indicative of an improving market.” He predicts continued flight activity increases next year, with the largest jumps expected in the January to March timeframe. ARG/US’s TraqPak data “is serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S.”