The 63rd edition of the National Business Aviation Association Convention & Exhibition exceeded the expectations of attendees and exhibitors alike, registering 24,206 attendees for the three-day event–an increase of more than 5 percent over attendance last year.
Aviation International News » November 2010
In the weeks before last month’s NBAA Convention, industry speculation about whether and how it would compete with the G650 forced Bombardier to partially reveal its hand sooner than it had intended, when on September 30 it admitted that the Global line of ultra-long-range business jets would be expanding.
During a time when careful shoppers might be expected to make every effort to save money, the charter brokerage business has continued to grow, despite the fact that there is nothing stopping consumers from contacting charter providers directly and negotiating their best deal.
While the latest reports indicate a decline in the worldwide business jet charter market, certain parts of Southeast Asia are bucking the trend. Hong Kong, in particular, is flourishing. With five locally based operators and several international charter brokers in situ, China’s Special Administrative Region is bursting at the seams.
The Russian United Business Aviation Association is well aware of illegal charter flying in the country and is deeply concerned about it, according to the group’s vice president, Eugeny Bakhtin. He told AIN the association is urging authorities to adopt Western standards to iron out legal anomalies that allow the so-called gray market to thrive there.
At a time when they can ill afford to miss out on any available business, charter operators are doing a poor job of responding to flight requests, according to a confidential survey conducted by UK-based operator Hangar 8.
Illegal charter flights are increasingly common, according to operators and brokers who spoke to AIN, most of whom declined to go on the record with specific accusations, but agreed that the practice is especially prevalent in emerging markets such as Russia and that, generally, the authorities are not doing enough to police the situation.
Avinode also generated lists of the 10 most requested airports for passengers flying in Europe, the Middle East, North America and the rest of the world. The results are shown in the graph at right. Over the past 12 months, there was little change from the rankings from the previous 12 months.
Price index data from online charter portal Avinode reinforces the impression reported by operators and brokers that the market has been making a slow and gradual recovery during the course of this year. Analysis of the company's price index since Jan. 1, 2009, shows a marked decline in expected rates for worldwide charter, as well as specifically within Europe and the U.S., followed by a slow recovery.
Stronger trading in the second half of the financial year ending on July 31, 2010, lifted revenues for UK-based charter brokering group Air Partner by 22.9 percent over 2009 levels to reach £230 million ($365.7 million).