TRAQPak analysts estimate there will be a 3.8% increase in overall flight activity year over year in February 2018
After having its best year since 2008 with over three million private aviation flights in North America during 2017, 2018 is off to a flying start.
Reviewing year over year flight activity (January 2018 vs. January 2017), TRAQPak
data indicates that January 2018 posted an increase of 4.0%. The results by
operational category were all positive with Part 135 activity producing the largest
yearly gain, up 8.0%. Fractional activity recorded a rise of 2.2% and Part 91
activity rebounded from its December fall to rise 1.5%. The aircraft categories
were positive as well with turboprops posting the largest gain from 2017, up
5.7%. Large jets followed with an increase of 4.0%, and mid-size jets posted a
3.1% year over year increase. Light jets posted a modest 2.8% increase as well.
MONTH-OVER-MONTH FLIGHT ACTIVITY
January business aviation flight activity posted a modest month over month increase to finish up 0.1% from December 2017. Results by operational category were mostly red for the month, with Part 91 posting the only monthly increase, up 2.7%. Part 135 flight activity posted a decrease of 1.8% while Fractional activity saw the largest monthly drop, down 4.0%. Aircraft categories were mixed for the month, with large jets posting the largest monthly increase, up 3.7% from December. Turbo Props posted an increase of 0.6%, while light and mid-size jets recorded decreases of 1.6% and 0.9% respectively