Buisness aviation news

Airline connectivity recovery and bizav gains vs 2019 diminishing
Airline connectivity recovery and bizav gains vs 2019 diminishing

WINGX’s weekly Business Aviation Bulletin.

Air charter trends: What you need to know for spring and summer 2023
Air charter trends: What you need to know for spring and summer 2023

With the current economic climate and uncertainty, being up to date on data trends is your best way to prepare for summer. To help create some clarity we want to share Avinode data and insights more regularly. Here are the latest demand indications for charter within Europe and the US.

Bizjet slipping back fast in Europe, record levels in Middle East
Bizjet slipping back fast in Europe, record levels in Middle East

WINGX’s weekly Business Aviation Bulletin.  

IADA: Preowned BizJet Market Is Rebalancing
IADA: Preowned BizJet Market Is Rebalancing

Expectations in the preowned business aircraft marketplace for the next six months have increased, compared to the outlook in the fourth quarter of the past year. That’s according to the First Quarter 2023 Market Report’s global perception survey of members of the International Aircraft Dealers Association (IADA).

Early Easter subdues European trend, US charter still up 20% vs 2019
Early Easter subdues European trend, US charter still up 20% vs 2019

WINGX’s weekly Business Aviation Bulletin.  

Commercial Helicopter Market is Expected to Reach a Worth of US$ 11.5 Bn by the end of 2032
Commercial Helicopter Market is Expected to Reach a Worth of US$ 11.5 Bn by the end of 2032

The global commercial helicopter market is expected to reach a valuation of US$ 11.5 Bn by 2032, with the market expanding at a positive CAGR of 6.4% from 2022 to 2032.

Fractional programs flying at record levels, charter volumes dropping back
Fractional programs flying at record levels, charter volumes dropping back

WINGX’s weekly Business Aviation Bulletin.  

Bizav activity down 2% in Q1 2023 YOY, still up 12% versus Q1 2019
Bizav activity down 2% in Q1 2023 YOY, still up 12% versus Q1 2019

WINGX’s weekly Business Aviation Bulletin.  

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

WINGX’s weekly Business Aviation Bulletin.  

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

WINGX’s 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

WINGX’s 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 billion as 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

WINGX’s 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

WINGX’s 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

WINGX’s 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.

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