Buisness aviation news

Decline in year-on-year bizjet activity widens for 7th consecutive week
Decline in year-on-year bizjet activity widens for 7th consecutive week

WINGXs weekly Business Aviation Bulletin.  

Charter market dipping 15% in March compared to last year
Charter market dipping 15% in March compared to last year

WINGXs weekly Business Aviation Bulletin.  

Top trends in fractional jet ownership for 2023
Top trends in fractional jet ownership for 2023

Fractional aircraft flights reached a new record level in 2022, with hours flown growing even more than charter flights or wholly owned flights, according to data from ARGUS TRAQPak. These figures confirm the trend of significant growth across the whole of private aviation in the last two years.

BizAv activity slowing but still well up on 2019, especially in Super Midsize
BizAv activity slowing but still well up on 2019, especially in Super Midsize

WINGXs weekly Business Aviation Bulletin.  

Private equity and venture capital professionals predict strong regulatory advances in the eVTOL market
Private equity and venture capital professionals predict strong regulatory advances in the eVTOL market

A new survey amongst private equity and venture capital professionals reveals that over the next two years, 88% expect improvements in the regulatory framework for the eVTOL market and 15% anticipate there will be a dramatic improvement. The study was commissioned by Horizon Aircraft (Company or Horizon), an innovative leader in hybrid electric Vertical Take-off and Landing (VTOL) aerial vehicles, with private equity and venture capital professionals.

AEA unveils 2022 year-end Avionics Market Report
AEA unveils 2022 year-end Avionics Market Report

The Aircraft Electronics Association released its 2022 year-end Avionics Market Report, and total worldwide business and general aviation avionics sales for the year amounted to$2,877,281,308, or more than $2.8 billionas reported by the participating companies. The dollar amount represented a 21.5% increase in total year-end sales compared to 2021, which is the largest annual percentage increase in the 11-year history of the report.

Presidents´ Day bizjet flights 10% down YOY, still 23% up on 2019
Presidents´ Day bizjet flights 10% down YOY, still 23% up on 2019

WINGXs weekly Business Aviation Bulletin.  

GAMA Releases 2022 Aircraft Shipment and Billing Report
GAMA Releases 2022 Aircraft Shipment and Billing Report

The General Aviation Manufacturers Association (GAMA) released the 2022 General Aviation Aircraft Shipment and Billing Report during its annual State of the Industry Press Conference. Overall, when compared to 2021, all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $26.8 billion, an increase of 6.0%.

Super Bowl bizjet attendance down 25% as US charter falls off peak
Super Bowl bizjet attendance down 25% as US charter falls off peak

WINGXs weekly Business Aviation Bulletin.  

Why should buyers pay their brokers?
Why should buyers pay their brokers?

By Ivan Veretennikov, Sales & Marketing Director, ArcosJet.

February seeing steeper declines in year on year bizjet trends
February seeing steeper declines in year on year bizjet trends

WINGXs weekly Business Aviation Bulletin.  

European business aviation could show resilience in 2023 despite recessionary outlook
European business aviation could show resilience in 2023 despite recessionary outlook

The first month of 2023 started with high private jet demand in the European region and other parts of the world. By the close of the last quarter of 2022, European private jet operators had completed over 600,000 business jet flights to various global destinations, making it one of the busiest years in flight activity in the past three years. The growing demand for private flying among air passengers signals a promising future in this aviation segment this year.

ALTEAs Perspective on the Pre-Owned Business Jet Marketplace 2023
ALTEAs Perspective on the Pre-Owned Business Jet Marketplace 2023

ALTEA knows aircraft inside and out. The organisation is retained by those who want fresh thinking secured by experience in asset management; procurement and sales; financial solutions and design. Team members, Jean Sémiramoth and Andrew Butler share their personal retrospective views on the pre-owned business jet aircraft market in 2022 and identify what trends can be foreseen in 2023.

Charter demand sliding, UK activity drops, but overall activity holds
Charter demand sliding, UK activity drops, but overall activity holds

WINGXs weekly Business Aviation Bulletin.  

Charter demand predictions for the start of 2023
Charter demand predictions for the start of 2023

The start of 2023 feels like the start of a rollercoaster. As we crank up the lift hill to the first rush of excitement, what ups and downs maybe even some loop the loops? are coming our way in 2023, and what did the last lap of the 2022 track tell us?

Global demand holding but charter market back to 2019 levels in Europe
Global demand holding but charter market back to 2019 levels in Europe

WINGXs weekly Business Aviation Bulletin.  

Business Jet market still buoyant, WEF traffic relatively muted
Business Jet market still buoyant, WEF traffic relatively muted

WINGXs weekly Business Aviation Bulletin.  

IADA Dealers End 2022 on a High
IADA Dealers End 2022 on a High

While annual business jet resale volume was slightly higher for members of the International Aircraft Dealers Association (IADA) in 2022, aircraft dealers indicate that market conditions are normalizing. In the recently released 2022 Fourth Quarter IADA Market Report, IADA accredited dealers and certified brokers reported 1,399 used aircraft sales transactions closed in 2022, compared to 1,370 in 2021, a two percent increase, and the highest total for IADA members in recent memory.

Overall activity levels holding but charter demand sliding fast
Overall activity levels holding but charter demand sliding fast

WINGXs weekly Business Aviation Bulletin.  

Brian Foley: private aviations sudden popularity falls back to earth
Brian Foley: private aviations sudden popularity falls back to earth

Fuelled since 2020 by soaring personal stock portfolios, easy access to low-interest cash and a pandemic-induced desire to avoid public airport cattle stalls, interest in flying privately has soared. However, recent metrics now suggest the white-hot market has begun to cool to a more manageable and sustainable level. Words by Brian Foley.

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