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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.
Gulfstream Aerospace Corp. announced the all-new ultralong-range Gulfstream G800 made its first international flight just weeks after the aircraft’s first flight. The G800 flew from Savannah to Gulfstream Customer Support’s Farnborough, England, facility in support of Gulfstream’s participation in the Farnborough International Airshow.
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.
The italian operator Air Corporate has Many years of experience in serving a demanding clientele with its state-of-the-art helicopter fleet. The company’s passengers can now enjoy travelling further and faster – aboard a brand-new PC-24 Super Versatile Jet.
For the first 6 months of 2022 there were 2.7 million business aviation flights, according to WINGX weekly Global Market Tracker published today.
Despite double-digit hikes in charter and card pricing, demand has stayed at record levels and the aircraft shortage reminds.
WINGX’s weekly Business Aviation Bulletin.
Gulfstream Aerospace Corp. today announced the all-new ultralong-range Gulfstream G800 successfully completed its first flight, officially launching the flight-test program of the industry’s longest-range aircraft. Announced in October 2021, the G800 is the latest addition to Gulfstream’s next-generation fleet to take flight and make progress toward customer deliveries.
WINGX’s weekly Business Aviation Bulletin.
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.
WINGX’s weekly Business Aviation Bulletin.
Dassault Aviation is introducing a new concept in passenger comfort—the Falcon Privacy Suite, that will offer more personal space, greater peace and quiet, and a more comfortable and restful sleep on long flights.
Textron Aviation announced at the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, that it has earned European Aviation Safety Agency (EASA) type certification for the Cessna Citation XLS Gen2 business jet. The company is set to make its first European delivery of the XLS Gen2 to Porsche Air Service GmbH of Salzburg, Austria, in the coming weeks.
WINGX’s weekly Business Aviation Bulletin.
Russia’s war in Ukraine has hurt the aviation sector, not only in Ukraine proper, but for operators that previously did business in Russia or customarily flew over the country. Separately, economic sanctions imposed on Russia have resulted not only in a direct loss of business, but a spate of challenges related to aircraft with any ties to Russia.
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.