August Marks Another Month of Bizav Flight Gains

 - September 9, 2021, 11:29 AM

Business aircraft traffic jumped 38.7 percent year-over-year in North America in August and is up 10 percent over the same month in 2019, according to the latest TraqPak report from Argus International. European flight activity climbed almost as much, by 36.4 percent over August 2020, while improving by 27.2 over July 2019, Argus added.

Flights in North America had cooled somewhat from July, down 1.8 percent, but August still marked the second-busiest month on record with just under 300,000 flights.

Fractional ownership operations in North America continued to see the largest surges, up 47.3 percent from August 2020 and 22.6 percent from August 2019. That, Argus said, further explains why fractional operators have suspended new sales. Part 91 activity, meanwhile, increased 37.7 percent year-over-year, and Part 135 by 37 percent.

Large-cabin jet activity has come roaring back, up 51.8 percent over August 2020, while midsize jet use increased 48.2 percent. Light jets, which had driven a lot of the uptick through the pandemic, rose 36.4 percent and turboprops 27.3 percent.

In Europe, 88,000 flights were recorded in August, with large jet activity there also showing a significant jump, up 60.6 percent. Small cabin activity increased 30.2 percent, followed by midsize at 28.9 percent and turboprops at 27 percent.

TraqPak analysts estimated activity will increase 28.3 percent year-over-year in September and by 7 percent from 2019 in North America. Argus estimates European activity will edge up 6.1 percent year-over-year this month.

Activity in other parts of the world combined for a 15.3 percent increase, with turboprop flights showing the greatest gains at 23.3 percent.