Argus predicts 4.2% growth in private jet flights for Q1 2020

By Doug Gollan, December 21, 2019

Also, the busiest private jet airports for the holidays

The TRAQPak forecast from Argus indicates a strong start for the new year, at least as it pertains to private aviation flying.

TRAQPak is predicting February to post a yearly gain of 5.9%, while Q1 2020 is anticipated to rise 4.2% year over year.

The Fractional segment is anticipated to post the largest quarterly rise, up 10.7% from 2019.

Argus TRAQPak is projecting 4.2% year-over-year growth for private jet flights in Q1 2020.

Part 135 and Part 91 flight activity are expected to record strong gains as well, up 3.3% and 3.1% respectively for the quarter, says Argus.

The prediction also includes 1.4% yearly growth for December 2019.

Holiday travel projected to increase by 0.1%

In terms of holiday travel, TRAQPak anticipates that the market will remain mostly flat from the previous year, up 0.1%.

December 23rd is predicted to record the largest year over year growth, up 14.5% from 2018, while the 22nd is expected to see the largest drop, down 24.4% from 2018.

Overall, 10 of the 14 days, surrounding Christmas & New Year’s, are expected to rise year over year.

In terms of airports, the researcher expects most of the top airports to remain the same during the holiday period.

Teterboro is anticipated to see 1,611 arrivals, followed by Palm Beach at 1,301 and Van Nuys at 1,154.

Eagle, Colorado is 10th on the list with 838 expected arrivals and Atlanta’s DeKalb airport rounds out the Top 20 with 630 anticipated arrivals.

Busiest airports for private jet flights – Holidays 2019

New York’s Teterboro Airport will be the busiest private jet airport during the 2019 holiday period.
  1. KTEB – New York – Teterboro, New Jersey
  2. KPBI – Palm Beach
  3. KVNY – Los Angeles – Van Nuys
  4. KAPF – Naples, Florida
  5. KLAS – Las Vegas – McCarran
  6. KDAL – Dallas – Love
  7. KOPF – Miami – Opa-Locka
  8. KHPN – Westchester County – White Plains
  9. KAPA – Denver – Centennial
  10. KEGE – Eagle, Vail
  11. KHOU – Houston Hobby
  12. KSLC – Salt Lake City
  13. MYNN – Nassau, the Bahamas
  14. KFLL – Ft. Lauderdale International
  15. KASE – Aspen
  16. KSDL – Phoenix – Scottsdale
  17. KSNA – Orange County -John Wayne, California
  18. KFXE – Ft. Lauderdale Executive
  19. KBCT – Boca Raton
  20. KPDK – Atlanta DeKalb

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