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WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
North American business aviation flight activity rose rapidly following the Easter holiday weekend. A peak in activity was observed on Monday, April 18 with over 12,000 flights recorded.
WINGX’s weekly Business Aviation Bulletin.
A spike in North American business aviation flight activity was observed Thursday of this past week ahead of the Easter holiday weekend.
Fueled in large part by first time buyers, the pre-owned business aircraft market set new records for demand during Q1 2022, resulting in just 3.1% of the active aircraft fleet available for sale, as of March 31, reports the Asset Insight AI2 Market Report.
WINGX’s weekly Business Aviation Bulletin.
A Russian owner of an aircraft currently registered in Europe or Russia who is not subject to U.S. sanctions may want to consider re-registering the aircraft in the US as an N-registered aircraft. The result would be a significant improvement in the legal situation for use of the aircraft at the present time and for the foreseeable future.
WINGX’s weekly Business Aviation Bulletin.
Daher unveiled the latest high-end version of its TBM pressurized single turboprop aircraft family – the TBM 960 – which incorporates Pratt & Whitney Canada’s advanced PT6E-66XT engine and a fully digital e-throttle, along with a digitally-controlled cabin that incorporates an all-new environmental control system, LED ambience lighting and electrically-dimmable windows.
One year ago, a new player entered the Russian business aviation market – UTG Private Aviation, a part of UTG Group. Established in 1998, the Group has a solid reputation as Russia's largest independent operator of technical and ground handling services for aircraft and passengers at Vnukovo, Domodedovo, and Pulkovo.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
ARGUS International's Market Intelligence Team saw similar turbulent patterns, depicted in the graph above, representing Business Aviation flight activity during the months of February 2021 and 2022.
The global headlines are focused on Russia´s invasion of Ukraine, with significant consequences emerging for the global aviation industry. In terms of flight activity, Russia, Belarus and Ukraine are seeing precipitous drops in all flight activity over the last few days.
A steady rise in flight traffic was recorded leading up to and over the President’s Day weekend (February 17-21st).
WINGX’s weekly Business Aviation Bulletin.
Private jet travelers plan to fly more in 2022 than 2021, according to a just-released survey of subscribers to Private Jet Card Comparisons, an online buyer’s guide which helps consumers find the best private aviation solutions for their unique flying needs.