While fans of Ohio State may have been dismayed their beloved Buckeyes were not selected for the NCAA Football Championship Playoffs, the state’s two native son fractional ownership programs (Columbus-based NetJets and Cleveland-based Flexjet) provided November’s bright spot for private jet flying.
TRAQPak’s review of the year over year flight activity (November 2018 versus November 2017) indicates that November 2018 recorded a forecasted decrease of 1.2%. It comes after a 0.9% gain in October and a 5.2% decline in September. The results by operational category were mixed with Fractional activity posting the only yearly increase, up 3.5% year over year. Part 91 activity posted a slight decrease of 0.4%, while Part 135 activity declined for the 6th straight month, down 3.7%. The aircraft categories were mostly negative with mid-size jets posting the only increase from 2017, up 2.3%. Light jets posted a decrease of 2.3%, while large jets posted a 1.0% year over year decrease. Turboprops decreased 3.4%. Within the Fractional category, the good numbers were powered by a 10.6% gain in Midsize jet which offset an 18.0% decline in Large-cabin jet flying.
November business aviation flight activity posted an anticipated month over month decrease to finish down 6.6% from October 2018. Results by operational category were all down for the month, with the Part 91 segment posting the largest monthly decrease, down 8.5%. Part 135 flight activity posted a decrease of 4.6% and Fractional flight activity declined 4.2% for the month. Aircraft categories were all positive as well, with turboprops posting the largest decrease, down 9.6%. Light jets followed with a decrease of 7.2% while mid-size and large jets decreased 5.2% & 1.3% respectively.
Looking ahead, TRAQPak analysts estimate there will be a 0.8% increase in overall flight activity year over year in December 2018.