Projected demand for private charter flights suggests significant volatility over the early part of the Northern Hemisphere summer season, according to the latest data from online charter portal Avinode. The company’s forward-looking demand index for 30 days beginning June 2 showed marked decreases in most categories analyzed for the North American and European markets, with some notable exceptions.
Demand for private charter flights is expected to pick up significantly this month, according to the latest forward-looking data from online charter portal Avinode. The Sweden-based group’s latest indices for the 30 days from January 7 show increases in projected demand for light, midsize and large-cabin business jets on both sides of the Atlantic, compared with the equivalent projections made on December 7.
The executive charter sector appears not to be making a promising start in the Northern Hemisphere summer season, according to the latest demand projections from online charter portal Avinode. As of June 5, the company’s forward-looking demand index showed anticipated aircraft bookings for the next 30 days generally down compared with the May 5 index.
Bedford, Mass.-based Jet Advisors is offering a new tool, dubbed the Private Jet Index, to support the aircraft-selection process by ranking and statistically scoring more than 30 parameters. Company president Kevin O’Leary said the patent-pending index also considers the needs and wants of each individual buyer and then weighs the aircraft scores accordingly.
The latest data from online charter portal Avinode shows a contrasting picture of demand fluctuations on either side of the Atlantic Ocean. Its forward-looking demand indices for March 4 shows demand in Europe picking up significantly in the light, midsize and heavy jet categories tracked, with the biggest increase being in the midsize segment where the index rose by almost 67 points month-over-month, to 184.6.