Buisness aviation news
![Super Bowl bizjet attendance down 25% as US charter falls off peak](/upload/iblock/0d4/dzair1hxgliyadj3izficw6bmqpjrdi2/VistaJet-Global-7500.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Why should buyers pay their brokers?](/upload/iblock/c43/gnlldq9e5zfls27zfqw7e5njoc22n0a1/plane.jpg)
By Ivan Veretennikov, Sales & Marketing Director, ArcosJet.
![February seeing steeper declines in year on year bizjet trends](/upload/iblock/e84/lcc82zt4f03efw21bdbtw8rmqq7e9zm1/Alante-Air-Charter.jpg)
WINGX’s weekly Business Aviation Bulletin.
![European business aviation could show resilience in 2023 despite recessionary outlook](/upload/iblock/2f2/r3nf5q5s1zqrwzqsw0rvz0ns6jgtx1uk/parking_2.jpg)
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.
![ALTEA’s Perspective on the Pre-Owned Business Jet Marketplace 2023](/upload/iblock/aca/la9br5g0tn2xmgvqffj61znk398tmj9m/Business-Jet.jpg)
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](/upload/iblock/ebe/9l4t4bgesyj4uhonjbw34ea06bculzl7/parking_WEF-2017_1.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Charter demand predictions for the start of 2023](/upload/iblock/d01/3a8zuk6hvv3czxpenu62uvudavm6u3j2/Jet-night.jpg)
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](/upload/iblock/a3d/y2qvpcuml8g774vumzh6se4mdskll85q/parking_WEF-2017_4.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Business Jet market still buoyant, WEF traffic relatively muted](/upload/iblock/832/qcsf2f1y6247zrnui7loy211brr719wm/WEF-2023.jpg)
WINGX’s weekly Business Aviation Bulletin.
![IADA Dealers End 2022 on a High](/upload/iblock/e84/oppjgwgvr5u4xfakp9qngsvonsrhwpwq/jet_5.jpg)
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](/upload/iblock/88f/hpwnsohxoxf12xg2rdoklws4282p6wep/ramp_1.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Brian Foley: private aviation’s sudden popularity falls back to earth](/upload/iblock/f85/hao9fgponmt39cit71pki6ld4po1kqk3/ramp_.jpg)
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.
![Cooling year-end but still a record-busy 12 months for business aviation](/upload/iblock/257/8shme3elbfizpmwjbn0fuutw90mnop56/flight_.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Global bizav heading for record year, although trend is weakening](/upload/iblock/37f/rpqhfqfakxaqrg18e27lxolni0msp33d/Polar_sliderkuva_perhe.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Bizjet bounce is fading but some leisure spots still seeing high demand](/upload/iblock/31c/luygkl3wwv5mqrwjxws3cghpuxowd07w/Falcon_landing.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Bizjet bounce is over in US and Europe, still surging in Middle East](/upload/iblock/8ca/0ravyfr5iggvm4owj2096zoh1ptjy20c/273202113_7297925123580747_3990797297578866134_n.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Thanksgiving jet activity down 6% on last year but up 13% on 2019](/upload/iblock/e8d/gaoy0snauiarigz692ekf9vdmn44rmt1/flight_mount.jpg)
WINGX’s weekly Business Aviation Bulletin.
![Bizjet demand waning in Europe, up in Middle East, steady in US](/upload/iblock/1f8/7ekcfy9mbon7i96ii659mczprx9b4djc/parking_WEF-2017_1.jpg)
WINGX’s weekly Business Aviation Bulletin.
![GAMA Releases Third Quarter 2022 Aircraft Shipment and Billing Report](/upload/iblock/b00/adiwg9csngomnlta4uwynxup43ac89pa/Gulfstream-g500_g600-wing-plant.jpg)
The General Aviation Manufacturers Association (GAMA) published the Third Quarter 2022 General Aviation Aircraft Shipment and Billing Report. The aircraft manufacturing industry’s results for the first nine months of 2022, when compared to the same period in 2021, point to increasing aircraft deliveries across all segments along with an increase in the overall value of the aircraft shipments.
![Overall market falling off post-covid peaks, but transatlantic flights hitting all-time high](/upload/iblock/0ac/mroqye70u6zg9hwenk1pukrl08hjasfa/Falcon_8X_ramp.jpg)
WINGX’s weekly Business Aviation Bulletin.