Jet cards and on-demand charter continue to be the sweet spot of private aviation powered by a 15.1% increase in large jets.
TRAQPak’s is reporting year over year flight activity (March 2018 vs. March 2017)
indicates that March 2018 recorded an increase of 2.6%. The results by
operational category were mixed with Part 135 activity, once again, producing
the largest yearly gain, up 7.7%. Fractional activity recorded a slight rise of 0.6%,
while Part 91 activity dipped into the red, down 0.4%. The aircraft categories
were all positive with large jets posting the largest gain from 2017, up 4.7%. Midsize jets followed with an increase of 4.4%, and light jets posted a 0.2% year over year increase. The turboprop segment posted an increase of 1.8%. For Part 135 which includes jet cards and on-demand charter, large jet activity increased 15.1%, followed by mid-size jets at 8.4% and turboprops with 6.4% growth. Light jet activity increased 4.4%
On a month by month basis, March business aviation flight activity posted an expected increase to finish up 12.5% from February 2018. Results by operational category were all positive for the month, with the Fractional segment posting the largest monthly increase, up 13.4%. Part 91 and Part 135 flight activity each posted an increase of 13.3% & 11.1% for the month. Aircraft categories were positive as well, with light jets leading the way, up 13.4%. Mid-size jets followed with an increase of 13.1% for the month while large-cabin aircraft posted an increase of 9.8%. Turboprops rose 12.8% over February.
