Buisness aviation news
As yet, there is little sign of a slowdown in business jet demand as a result of the volatility in financial conditions triggered by Liberation Day. Indeed there was some unusual growth in bizjet activity in some markets this Week, most notably in Europe. It may even be that the bounce in flight activity this week reflects business opportunities which need to be realised during the brief respite from the full tariff program.
As yet, there is little sign of a slowdown in business jet demand as a result of the volatility in financial conditions triggered by Liberation Day. Indeed there was some unusual growth in bizjet activity in some markets this Week, most notably in Europe. It may even be that the bounce in flight activity this week reflects business opportunities which need to be realised during the brief respite from the full tariff program.
Liberation Day and the associated enactment of global tariffs on imports into the US triggered market turmoil and expectations of a recession, but so far only a ripple in terms of declining flight activity, most notable in Florida. An uptick in transatlantic corporate flight department travel may have been linked to tariff policy changes. We shall have to wait to see impact in Europe as this week was affected by comparison with Easter holidays last year.
Liberation Day does not yet appear to have made a dent in demand for bizjet travel, although the concerns raised around the economic impact of a global trade war are likely to slow the market in subsequent quarters. For Q1 2025, modest gains in Year-on-Year bizjet activity is an improvement on last year and underlines the enduring resilience of the US market, as well as strong emerging markets in the Middle East and Asia.
So far this year business jet activity is robust, with 3% gains on comparable last year, well ahead of pre-pandemic 6 years ago (+35%). As we reach the 5-year anniversary of the initial Coronavirus lockdowns, bizjet activity in Week 12 this year is almost twice as high as Week 12 in 2020. In Europe bizjet activity has stalled this year, departures just 1% ahead of pre-pandemic 2019, the market in Germany appearing particularly weak.
Global business jet activity rebounded after last week’s relapse, with flight demand in the US belying broader economic concerns, bizjet departures up almost 20% in Texas compared to last year. This week’s bizjet activity is up by 28% in the US and 3% in Europe compared to the same week in 2020 when lockdowns started to be imposed.
Since November 2024 the week-on-week trends in bizjet activity have been consistently up, contrasting with sluggish negative trends through 2023 and 2024, but since Trump´s tariff policy started to rattle the markets, bizjet demand has noticeably fallen back. Both Europe and the Middle East saw significantly less activity in Week 10 year-on-year.
Aero Asset, a global helicopter sales and market intelligence firm, kicked off Verticon 2025 with the release of its 2024 Annual Heli Market Trends Twin-Engine Edition, offering in-depth insights into the evolving preowned twin-engine helicopter market. The report revealed that pricing for preowned twin-engine helicopters held strong last year despite supply and performance shifts across market segments.
Business jet activity has remained very firm in the last 3 months, representing a genuine rebound from flatline trends in 2023 and 2024. In the most recent week, demand was notably strong to and from Washington DC, unsurprisingly. European markets are generally behind at the start of March, with Germany the most obvious laggard.
Bizav market intelligence provider, JETNET, has unveiled its comprehensive 2024 Pre-Owned Business Aircraft Market Performance Review, offering key insights into inventory growth, pricing trends, and sales activity across the sector.
For the first time, Large jets now account for 20% of industry sales according to Ever Forward: The Pre-Owned Business Aviation Report by Jetcraft.
Global bizjet traffic is reaching its highest ever levels in 2025, eclipsing the previous high peaks in 2022, primarily due to the renewed demand for bizjet travel in the US since Trump’s election. Even Europe, facing serious economic headwinds, has seen an increase in bizjet traffic this year compared to last, with a surge in the last week reflecting school half-term breaks.
The General Aviation Manufacturers Association (GAMA) released the 2024 General Aviation Aircraft Shipment and Billing Report during its annual State of the Industry Press Conference. Overall, when compared to 2023, nearly all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $31.2 billion, an increase of 13.3%.
The Superbowl saw the biggest surge in bizjets since 2018, with departures on the day after the event 5x higher than the average daily departures this month so far. This reflects a general buoyancy in the US market since November. In contrast the European market is subdued, particularly in the UK, with an alarming 20% drop in bizjet flights this week. There will also be concerns over the impact of new business jet taxes in France, the busiest European market. In the Middle East, where bizjet traffic year to date is up 77% since 2019, demand in Saudi Arabia should get a boost from GACA announcing an opening-up to foreign operators from March this year.
Economic concerns are up this week in the wake of Trump’s trade war declaration. This will certainly worry bizjet OEMs outside the US, although, as a proportion of total activity, international flights to and from the US are a very small part. And flight demand is still seeing the positive effects of the Trump bump, with fractional demand particularly strong, endorsing Flexjet’s bumper billion-dollar new aircraft order this week.
Alandmark Oxford Economics study released 29th January outlined business aviation’s substantial economic contributions in Europe, warning that restrictive government policies could jeopardise up to ˆ120bn in foreign investments and 104,000 jobs by 2030.
Global bizjet demand got a double boost from Trump’s inauguration and the meeting of the World Economic Forum, well served from airports in the UK, France and Switzerland.
Aero Asset, a global helicopter sales and market intelligence firm, has launched its Heli Market Trends 2024 Annual Report: Single-Engine edition. This report delivers an authoritative analysis of the global preowned market for single-engine helicopters featuring Aero Asset’s proprietary market intelligence and expert insight.
The bumper arrival of business jets for the inauguration appears to confirm the strong sense in the industry that the change in the US government is good news for the bizjet industry. The turnaround in bizjet activity in the US, which had been flat through most of last year, stands in contrast to the European market, where activity receded 6% in the last week and is trending at 2019 levels.
Global bizjet activity was flat in week 2, dropping back on the pace of growth in Week 1. Notably there was strong bizjet activity out of airports in the Los Angeles metro area due to the Wildfires catastrophe. There has also been strong growth in flights to/from Palm Beach, as Trump and his team prepare to take office.