Whether or not the rebound in U.S. private jet travel has crested or not remains to be seen.
After a surge during the July 4th holiday – WingX data showed a 5% year-over-year increase – Argus projects when all is said and done, private flights will be 17% behind 2019 for the month.
The silver lining is that it marks an improvement from June when private flights were 26% behind 2019. That was a 40% gain from May, so July numbers would indicate a trendline showing a continued rebound.
According to the Argus data, the June recovery varied widely across business aviation. Part 91 (owners flying in their own jets) was off 30%, and Part 91k (fractional operators) was down 25%. Part 135 (charter operators) dipped 20% in June compared to 2019.
In terms of performance by aircraft type, light jets showed the smallest decline year-over-year (-17%) decline. Large jets (-38%) had the biggest drop. Still, large jets had the biggest month-over-month increase, with flight hours up 51% compared to May.
The June stars where Part 135 flights aboard light and midsize private jets, which dropped 12% and 10% respectively. Both private jet cabin categories also showed strong gains month over month, up 47% and 56%, respectively.