November 30, 2023
Global private jet flight activity inched up 4/10ths of a percent in Week 20 compared to Week 19 of 2022 with 75,696 flights, according to Wing X.
That put them 19% ahead of Week 20 in 2021 and 24% ahead of the trailing four weeks. There were 299,708 private jet flights globally during the past month.
The largest market – the U.S. – was down 1% with 53,662 flights in Week 20, still 18% higher than last year.
Florida flights saw a 14% week-to-week tumble and was still 5% higher than last year. Over the trailing four weeks, they were 12% higher than their record-setting pace in 2021.
For the week ending May 22, Europe private jet flights surged 10% from the previous week and were 22% ahead of Week 20 in 2021.
| Market | Last Week (Flights) | % Change vs. prior week | % Change vs 2021 | Last 4 Weeks (Flights) | % Change vs. 2021 |
| Global | 75,696 | 0.4% | 19% | 299,708 | 24% |
| North America | 58,064 | -1% | 18% | 233,556 | 22% |
| USA | 53,662 | -1% | 18% | 215,046 | 22% |
| Florida | 6,576 | -14% | 5% | 30,112 | 12% |
| California | 5,255 | -1% | 9% | 21,506 | 18% |
| Texas | 5,557 | -0.4% | 24% | 21,859 | 22% |
| Europe | 13,297 | 10% | 22% | 48,200 | 32% |
| UK | 1,732 | 7% | 81% | 6,470 | 100% |
| Germany | 1,747 | 7% | 16% | 6,450 | 30% |
| France | 2,038 | 19% | 22% | 7,104 | 38% |
| Switzerland | 843 | 14% | 19% | 2,996 | 29% |
| Italy | 1,364 | 12% | 45% | 4,802 | 66% |
| Middle East | 1,368 | -4% | 25% | 5,364 | 21% |
| Africa | 732 | -15% | 33% | 2,993 | 29% |
| Asia | 1,995 | -2% | 27% | 8,059 | 23% |
| South America | 1,117 | 3% | 14% | 4,766 | 28% |
While globally charter and fractional operators saw a 1% week-to-week gain flying 37,087 segments, that was still a healthy 11% ahead of last year.
While the U.S. dropped 2% week-to-week, charter and fractional departures in Florida saw a rarity. The 3,752 private jet flights in the Sunshine State represented a 3% decline from Week 20 in 2021.
Florida, which was one of the first places to experience the rebound, is still 3% of last year’s totals for the past month.
| Market (Part 91K & Part135) | Last Week (Flights) | % Change vs. prior week | % Change vs 2021 | Last 4 Weeks (Flights) | % Change vs. 2021 |
| Global | 37,087 | 1% | 11% | 114,358 | 16% |
| North America | 27,677 | -2% | 8% | 111,463 | 12% |
| USA | 26,806 | -2% | 8% | 107,698 | 12% |
| Florida | 3,752 | -11% | -3% | 16,642 | 3% |
| California | 3,095 | -2% | 1% | 12,814 | 10% |
| Texas | 2,267 | 1% | 10% | 8,901 | 12% |
| Europe | 9,003 | 12% | 22% | 31,358 | 30% |
| UK | 1,189 | 7% | 75% | 4,354 | 95% |
| Germany | 1,126 | 11% | 14% | 3,847 | 25% |
| France | 1,392 | 18% | 29% | 4,645 | 43% |
| Switzerland | 576 | 8% | 11% | 2,064 | 23% |
| Italy | 1,034 | 15% | 47% | 3,480 | 61% |
| Middle East | 519 | -4% | 3% | 1,996 | 3% |
| Africa | 160 | 21% | 82% | 547 | 43% |
| Asia | 233 | -2% | 40% | 891 | 10% |
| South America | 14 | -18% | 17% | 85 | 81% |
Whether Florida is a canary in the coal mine for a pending slowdown remains to be seen.
European charter and fractional flights were 22% up compared to Week 20 in 2021.
Richard Koe, Managing Director for WingX notes, “Feedback from the renewed EBACE convention (this week) affirmed the industry’s record-breaking activity but also highlighted concerns that the market may be peaking. In the short term, demand is outstripping supply. In the longer terms, economic headwinds could shake out a significant portion of the industry’s recently gained new entrants.”
