Aircraft
North America, Europe Business Aviation Operations Drive Down Global Activity
Bizav ops off 3.1 percent globally
FlexJet G650 (Photo: Flexjet)
Despite a decline in operations in North America, fractional operations involving large cabin aircraft jumped by 20.1 percent in July, Argus reported. (Photo: Flexjet)

Global business aviation activity declined by 3.1 percent year-over-year in July with operations down by 8.1 percent in Europe and 3.6 percent in North America, according to the latest Argus International TraqPak report.

Argus expects this slowdown to ebb somewhat in August with activity in North America forecast to be off by only 0.1 percent and European operations decreasing 5.3 percent year-over-year.

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