Private Jet Flight Activity Analysis – 2023 – Week 9

WingX’s weekly data shows private jet flight activity continued its slide off last year’s highs

Global private jet flight activity saw 67,788 departures for the Week ending March 5, 2023, a 4% dip from the previous week.

That level the numbers 10% below Week 9 in 2022.

Over the trailing four weeks, global private flights were down 6% compared to last year.

In the U.S., the 48,212 departures were 5% down week-to-week and 12% below last year.

During the past month, U.S. flying was down 8%.

The biggest markets in the U.S. – Florida (-14%), California (-17%), and Texas (-15%), were all double digits lower than last year.

Europe had 9,126 departures, 2% up from the previous week but 15% below 2022.

For the trailing four weeks, Europe flights were down 10% compared to 2022.

The negative results were countered by the Middle East, South America, and Asia, which saw gains on small volumes. Together, they had fewer departures than Florida.

Private Jet Flight Activity Analysis – 2023 – Week 9

Fractional and charter operators continued to see volume slide, with 32,933 departures worldwide, down 4% from Week 8 and 18% below 2022 levels.

Over the past month, charter and fractional flying was 14% off last year’s record levels.

The U.S. accounted for 24,242 of those flights, 18% below Week 9 in 2022.

During the past month, U.S. charter and fractional segments were down 14%.

In Europe, 6,109 flights for the week were down 23% for the week and 19% lower over the past month.

Part 135/91K – Private Jet Flight Activity Analysis – 2023 – Week 9

WingX Managing Director Richard Koe assesses, “The European market softened further in February, with a trajectory back towards 2019 levels, although the loss of Russian customers year-on-year will elapse next month. In the North American market, the charter market is now some way off its peak but retains solid gains on 2019. In the Middle East, bizjet activity at the Bahrain GP demonstrates very strong demand in the region.”