Aircraft Charter Demand Soars, but Prices Still Flat

 - April 4, 2013, 1:40 PM

Aircraft charter demand in North America and Europe is up significantly this month from both a year and a month ago, according to the latest data from online charter portal Avinode.

Its forward-looking demand indices as of April 2 show healthier demand in Europe from a year ago in the light, midsize and heavy jet categories tracked, with the biggest increase in the midsize segment, where the index rose by 81.4 points to 234.8. Compared with a month ago, demand for midsize and heavy jets was also up by between 40 and 50 points, while light jet demand was up about nine points.

In the North American charter market, year-over-year projected demand for the next 30 days also climbed in all three groups, with the light jet category rising by 99.3 points, to 276.8. North American demand was mixed month-over-month, increasing by more than 70 points for light and midsize jets but falling about 17 points for heavy jets.

Meanwhile, the pricing indices were mostly flat over both the last month and the same period last year. In both Europe and North America, projected pricing levels barely moved in all categories of aircraft tracked.