Private Jet Flight Activity Analysis – 2023 – Week 5

Texas sees an epic 25% week-to-week drop as worldwide private jet flight activity stayed 1% below last year’s record pace

Global private jet flight activity dipped 5% from the previous week in Week 5, with 60,719 flights, still 1% above the same period in 2022.

For the trailing four weeks, flights worldwide were 1% above the same period a year ago.

Private jet flights in the U.S. dipped 6% from the previous week, with 42,773 departures, 4% behind 2022.

Over the last four weeks, U.S. departures are 1% down year-over-year.

A Texas-size drop

Texas saw a big drop with a 25% week-to-week decline, 11% down from a year ago.

Europe private jet flying saw another dip, with 8,174 flights, down 8% from Week 4 and 11% behind last year.

Over the previous four weeks, Europe flying is 8% behind 2022.

While Asia, with 2,529 flights, was down 2% week-to-week, it was still 43% ahead of 2022. For the past four weeks, ending February 2, 2023, departures in Asia were 43% ahead of 2022.

Private Jet Flight Activity Analysis – 2023 – Week 5

Charter and fractional operators flew 4% fewer flights than the previous week, with 30,067 departures.

That’s 10% off 2022’s record demand.

Over the trailing month, charter and fractional departures dropped 7% year-over-year.

U.S. charter and fractional operators saw 22,020 flights in Week 5, a 3% drop week-to-week and 8% below 2022.

Over the past month, the U.S. was 6% below the previous year.

Part 135/91K – Private Jet Flight Activity Analysis – 2023 – Week 5

While Asia fractional and charter activity was up 20% compared to last year, the 560 departures in Week 5 represented a 6% drop.

WingX Managing Director says, “The next couple of months could be the first time since 2019 when year-on-year trends start to normalize, with the modest growth so far this year compared to 2022 largely flattered by the Omicron surge at the start of last year. The trends are not encouraging in Europe, where the charter market is now seeing double-digit drops. The U.S. market is still more or less holding its own, with geographical variability.”