ARGUS International’s TRAQPak monthly report showed a 2.6% year over year gain in terms of flight activity powered by an 11.8% increase in Part 134 large jet flights. Part 135 represents flying through jet card programs and on-demand charter. In terms of fractional ownership, Midsize jets saw a 7.9% boost, however large jet flights dropped by 19.9%. TRAQPak didn’t provide any commentary for what drove the numbers.
April 2018 vs. April 2017
Part 91 | Part 135 | Fractional | ALL | |
Turbo Prop | 5.2% | ‐0.1% | ‐7.6% | 2.6% |
Light Jet | 3.7% | ‐0.4% | 0.3% | 1.8% |
Mid‐Size Jet | 1.4% | ‐0.7% | 7.9% | 2.2% |
Large Jet | 6.2% | 11.8% | ‐19.9% | 4.7% |
All Aircraft | 4.1% | 1.3% | 0.6% | 2.6% |
Overall, private aviation continued its long and slow climb back from the depths of the Great Recession nearly a decade ago. April marked the fourth time in five years that there was positive growth reaching over 255,000 flights.