Buisness aviation news

Textron 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 change

New 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
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
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
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 operators

Demand 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 sale

Business 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 home

Longer 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 2021

IADA Reports Preowned Aircraft Transactions Spiked As 2020 Ended

More Than 550 Deals in the 4th Quarter Alone

Christmas surge in business jet traffic
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 2019

European Business aviation traffic tracker (November 2020)

November marks a clear second dive in traffic

Overall market sags, but leisure getaways in demand
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 year

Flight 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 charters

Thanksgiving 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
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 activity

Industry has shown its resilience

GAMA released its report of general aviation aircraft shipments and billings through the third quarter of 2020

Light 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

Declines quickening as travel restrictions tighten

Global business aviation traffic is sliding in November, with moving 7-day average activity at just over 10,300 jet and prop sectors per day coming into 10th November, 10% off the post-March high point in mid-October

Demand for private jets rises in the UAE over COVID-19 fears

Although a pandemic-induced slowdown has decimated commercial airline passenger traffic, the private-jet industry in the UAE is taking off thanks to corporates and wealthy residents in the Emirates

EUROCONTROL releases new air traffic forecast
EUROCONTROL releases new air traffic forecast

Traffic not expected to reach 2019 levels until 2024 at earliest

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