Buisness aviation news
GAMA Announces 2020 Year-End
As expected, in 2020, the COVID-19 pandemic negatively impacted general aviation and stifled the industry’s growthCaribbean demand, Florida thriving, Europe stagnating
Global business aviation traffic is down by 11% for the first half of February with 14 thousand fewer flights than February last yearSuper Bowl traffic low but US market holding up
Business aviation aircraft have mustered just under 60,000 sectors so far in February 2021 - 11% less activity than in February 2020 - according to WINGX`s weekly Global Market TrackerTextron and Gulfstream Not Yet Benefitting from New Interest in Private Air Travel
Sales have been rather unremarkable over the past year — but that could soon changeNew EUROCONTROL Traffic Scenarios factor in latest COVID impacts on European aviation
Air traffic throughout Europe is expected to be approximately 64% down in January 2021 compared to January 2019 and the situation is quickly deteriorating
Flight demand stalling in Europe
January got weaker as the month went on, with the last week seeing demand lurch towards declines from early summer last year
Emerging trends of 2021
How is the charter market evolving and what demand and pricing trends are emerging for the Spring?
Lockdowns threaten to stifle business jet resilience
January has brought increasingly bad news to the aviation industry, and the emphasis on border control is going to stifle even the most resilient business aviation operatorsDemand for pre-owned business jets up in Q4 vs. Q3, CY2020, & vs. Q4 2019
The Q4 Asset Insight AI2 Market Report covers 134 fixed-wing models and 1,912 aircraft listed for saleBusiness aviation weathers the winter blues
Overall, business jet activity has not wilted as much as expected given than holidays should be over, lockdowns have been renewed and employees work from homeLonger holidays boosting leisure demand for business jets
A surge in business aviation traffic just after New Year, as travellers came home from Christmas holidays, has bolstered flight activity in the first 2 weeks of 2021IADA Reports Preowned Aircraft Transactions Spiked As 2020 Ended
More Than 550 Deals in the 4th Quarter Alone
Christmas surge in business jet traffic
Following a surge in business jet demand over the Christmas holiday period, the year-on-year trend in global flight activity came in around 11% below December 2019European Business aviation traffic tracker (November 2020)
November marks a clear second dive in traffic
Overall market sags, but leisure getaways in demand
According to WINGX`s weekly Global Market Tracker, 147,353 business aviation flights have been operated globally in the first half of December, the trend dropping to 20% below the same period last yearFlight activity retreats as virus resurges in US
In Europe there has been a tepid recovery in the run-up to Christmas, with many operators reporting strong bookings for holiday chartersThanksgiving boosts global bizav traffic
Just as the US airlines saw busiest traffic since March during Thanksgiving, business aviation activity also climbed close to its pandemic peak last weekend, lifting the overall trend for November
Business jet demand weathering lockdown 2.0
In Europe the trends are downwards, with the UK and Germany particularly affected, although Turkey and Russia are seeing record levels of activityIndustry has shown its resilience
GAMA released its report of general aviation aircraft shipments and billings through the third quarter of 2020Light Jet charters are still buoying the market
Having sustained a recovery of 85% of normal activity since the summer, demand for flights has subsided in the face of renewed virus concerns and travel restrictions