Buisness aviation news
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.
Business aviation flight activity across North America increased across the board from the previous week. The busiest day of the month so far was observed on Wednesday, June 16th with over 11450 flights observed.
WINGX’s weekly Business Aviation Bulletin.
Finishing out the first full week of June 2022, business aviation flight activity is up 1.23% in North America and 33.6% in Europe from this time last year.
WINGX’s weekly Business Aviation Bulletin.
Memorial Day weekend saw a 1.8% increase in North American business aviation flight activity year over year (FRI MAY 27 – MON MAY 30 2022 vs FRI MAY 28 – MON MAY 31 2021). On Memorial Day we saw a 3.7% decrease in flight activity year over year, which indicates increased participation in the holiday weekend.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
Trends in North American business aviation flight activity continue to track upwards as we navigate through various economic challenges. Flight activity for the third week of May is up 16.5% from 2019 pre-pandemic levels and up 11.4% year over year from 2021.