Buisness aviation news
The General Aviation Manufacturers Association (GAMA) published the Second Quarter 2022 General Aviation Aircraft Shipment and Billing Report.
North American business aviation flight activity continues to remain consistent week over week as we near the end of the Summer season.
Business Aviation flight activity in the European market has plateaued as we finish off the first half of August.
The Aircraft Electronics Association released its second-quarter 2022 Avionics Market Report. In the first six months of the year, total worldwide business and general aviation avionics sales amounted to $1,343,242,561.43, or more than $1.3 billion as reported by the participating companies.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
Weekly flight activity for North American Business Aviation has reached the peak of the Summer plateau. Flight counts for the previous two weeks were within 1.1% of one another.
Between January and June 2022, business aviation departures in the US were up 15.2% when compared to the same period in 2019. The corresponding figure for Europe is 17%.
WINGX’s weekly Business Aviation Bulletin.
Transportation delays were observed in several European countries last week as a severe heat wave moved its way across Western Europe. The hottest days were July 17th - 19th where temperatures in the United Kingdom were recorded over 104˚F / 40˚C.
WINGX’s weekly Business Aviation Bulletin.
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.
After incurring heated sales volume for two years, the global preowned business aircraft market is beginning to show signs of stabilizing. According to the second quarter 2022 market report from the International Aircraft Dealers Association (IADA), 598 aircraft sales transaction were recorded by the group during the first half compared to 529 during the same period the prior year, a 13 percent increase.
WINGX’s weekly Business Aviation Bulletin.
As expected, the 4th of July holiday weekend heavily influenced overall flight counts for North American business aviation the first week of July 2022. Daily charter flights peaked on Thursday, June 30th at 4490 flights. Cargo flights began to taper off after Tuesday, June 28th, several days before the start of the holiday weekend. Part 91 flights peaked on Thursday, June 30th and remained below average for a full week following the holiday weekend.
Aero Asset’s inaugural Heli Market Trends Report for single engine preowned helicopters compares first half of 2022 market performance with the same period of 2021. It reveals that supply of aircraft for sale continued to shrink on slightly lower transaction volume.
For the first 6 months of 2022 there were 2.7 million business aviation flights, according to WINGX weekly Global Market Tracker published today.
WINGX’s weekly Business Aviation Bulletin.
North American business aviation flight activity has stabilized this Summer as we approach the end of June. Week over week we observed a 1.4% decrease in flights and a 0.2% decrease in flights year over year.
WINGX’s weekly Business Aviation Bulletin.