Argus: U.S. Bizav Flying Flat in October

 - November 18, 2019, 10:31 AM

Business aircraft activity was mostly flat in October with midsize and super-midsize fractional jets recording the lone double-digit gain for the month, according to data from Argus International’s TraqPak report. Overall, activity edged up 0.5 percent in October compared with the same month last year.

Activity among fractional midsize and super-midsize jets increased 10.8 percent, followed by Part 91 light jet activity, which was up 3.7 percent compared with October 2018. Also moving slightly higher for the month was overall Part 91 jet activity, which was higher by 2.1 percent, as well as Part 135 light and large jet activity, increasing 0.9 percent and 2 percent, respectively.

Argus said it expects another relatively flat month in November with year-over-year activity business aircraft activity nudging slightly higher by 0.5 percentage points. The flight activity data is based on aircraft flight-number specific arrival and departure information on all IFR flights in the U.S., the Caribbean, and Canada.