Business Aircraft Flying Continues Ascent in August

 - September 11, 2014, 3:40 PM

Business aircraft flying in the U.S. rose for the ninth straight month, climbing 0.9 percent last month versus a year ago, according to data released today by aviation services company Argus. For this month, Argus estimates that flying will increase by 2.7 percent year-over-year.

For the first time this year, fractional flying led the pack, climbing 5.5 percent last month versus a year ago. Part 135 charter flight activity grew by 0.8 percent year-over-year, while Part 91 flying was nearly flat, falling 0.1 percent.

Following recent trends, flight activity was positive for all jet categories but was down for turboprops last month. Once again, large-cabin jets led the way with a gain of 5.3 percent, with usage of light and midsize jets up 1.3 percent and 1.5 percent, respectively. Turboprop flying was off last month by 1.4 percent from a year ago.

By individual segment, fractional turboprop and light jet flying logged the only double-digit year-over-year gains last month–12.5 percent and 28 percent, respectively. This marks the first rise in fractional turboprop flying since Avantair curtailed operations after a three-week voluntary grounding in October 2012 before eventually shutting down last June.

Argus TraqPak data provides “serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S. and Canada.”