Private Jet Flight Activity Analysis – 2022 – Week 43

Asia private jet flight activity increases week-to-week, compared to 2021, with a month of double-digit gains, according to WingX data

Global private jet flight activity fell 4% week-to-week, with 71,222 departures putting it 1% below last year’s levels for Week 43.

Over the past four weeks, global private flights tracked 1% below 2021 levels.

With 51,217 flights, the U.S. was down 4% compared to last week and was 1.5% ahead of 2021.

Europe’s private jet flights continue to decline

Europe, however, continued to see strong headwinds.

Flights were down 3% from Week 42 and were 17% below 2021. European departures were 16% behind last year for the previous four weeks.

Private Jet Flight Activity Analysis – 2022 – Week 43

The picture wasn’t rosier for charter and fractional operators as they saw a 5% drop week-to-week globally with 36,433 movements.

That was 10% off 2021’s record clip; 9% down for the four-week trailing.

The U.S. saw 26,177 departures in the week ending Oct. 30, 2022, a 7% decline compared to the previous week and last year.

European woes were accented in the charter/fractional segment, falling 5% week-to-week and 21% from 2021.

Over the past month, flights dropped 20% from 2021 levels.

Part 135/91K – Private Jet Flight Activity Analysis – 2022 – Week 43

WingX Managing Directors says, “In Europe, economic turbulence is clearly denting bizjet demand, with some countries seeing activity dip below 2019 levels. In the U.S/, bizjet ops are still well above pre-Covid levels, although charter demand is fraying from post-Covid peaks.”

On a positive note, Asia private jet flight activity week-to-week and compared on the plus side to 2021, both overall and for fractional/charter operators.

In fact, over the past four weeks, private jet flights in Asia were up 19%, with 8,770 departures.