The ARGUS Monday Minute: July 18, 2022

Finishing up the 2nd full week of July, North American business aviation traffic displayed a nearly identical pattern to this time last year with an overall flight count down 6.3% year over year. The continuous post-pandemic surge in flight activity month over month has started to slow down, while overall annual flight counts are still at healthy levels historically.

Stat of the Week: The North American market finished June 2022 up 1.9% from June 2021, while also down 3.2% from May 2022. Growth in the European market continues on both short and long term timelines. The European market was up 31.6% from June 2021 and 14.1% from May of this year.