October 31, 2024
As Florida charter and fractional private jet flight activity falls, three significant players say they are expanding in the Sunshine State.
Global private jet flight activity was down 1% week-to-week with 62,224 segments in Week 17, according to the latest data from WingX.
That puts flying 10% below the same period in 2022.
“Business jet demand has fallen well off last year’s peaks, but at least appears to be stabilizing at around 10% down compared to the Spring of 2022. As growth trends started to taper last summer, we expect to see a narrower deficit in the next few months of 2023, barring further economic shocks, especially in the banking sector,” says Wing X Managing Director Richard Koe.
U.S. flights for the week ending April 30, 2023, were 2% down week-to-week, with 48,226 segments, 11% below last year.
European flights were up 1% week-to-week with 10,484 flights, 11% under 2022’s numbers.
Africa had a 24% week-to-week gain, albeit just 987 segments. Still, it was 34% up on last year for the week.
Looking at the trailing four weeks, Africa was up 9% compared to 2022.
While Asia flights dropped 5% week-to-week to 2,327 flights, activity is still 11% better than last year over the past month.
| Market | Week 17 | %Change vs. prior week | %Change vs. 2022 (dates) | Last 52-week low | Week | 52-week low | Week | Last 4 Weeks | %Change vs. 2022 |
| Global | 68,224 | -1% | -10% | 78,503 | W25 2022 | 57,233 | W51 2022 | 273,691 | -9% |
| North America | 52,487 | -2% | -11% | 58,838 | W41 2022 | 43,691 | W51 2022 | 213,479 | -11% |
| USA | 48,226 | -2% | -11% | 55070 | W41 2022 | 38,832 | W51 2022 | 195,419 | -11% |
| Florida | 6,735 | -6% | -18% | 9,174 | W8 2023 | 3,744 | W39 2022 | 29,832 | -15% |
| California | 4,933 | -2% | -13% | 5,573 | W17 2022 | 4,066 | W51 2022 | 19,265 | -13% |
| Texas | 5,057 | -1% | -7% | 5,797 | W43 2022 | 3,730 | W5 2023 | 19,979 | -10% |
| Europe | 10,484 | 1% | -11% | 17,608 | W26 2022 | 6,648 | W52 2022 | 39,339 | -8% |
| UK | 1,349 | -1% | -16% | 2,336 | W26 2022 | 982 | W52 2022 | 5,175 | -12% |
| Germany | 1,344 | -10% | -17% | 1,915 | W26 2022 | 651 | W52 2022 | 4,880 | -8% |
| France | 1,476 | 2% | -15% | 3,032 | W21 2022 | 1,011 | W52 2022 | 5,787 | -10% |
| Switzerland | 661 | 1% | -6% | 1,209 | W21 2022 | 549 | W47 2022 | 2,616 | -7% |
| Italy | 959 | -16% | -17% | 2,357 | W28 2022 | 511 | W52 2022 | 3,889 | -9% |
| Middle East | 1,284 | -4% | -9% | 2,173 | W50 2022 | 984 | W52 2022 | 5,089 | -4% |
| Africa | 987 | 24% | 34% | 876 | W19 2022 | 622 | W2 2023 | 3,241 | 9% |
| Asia | 2,327 | -5% | 1% | 3,269 | W50 2022 | 1,786 | W32 2022 | 9,711 | 11% |
| South America | 1,372 | -2% | -4% | 1,490 | W6 2023 | 1,006 | W29 2022 | 5,591 | 9% |
Global private jet flying for charter and fractional operators dipped to 2% week-to-week to 34,062 segments, 13% under 2022’s records.
The U.S. had 25,725 flights, down 3% from Week 16 and a like 13% below last year.
Florida saw an 8% week-to-week dip to 3,762 flights, 18% below Week 17 in 2022.
Over the past month, Florida Part 91k and 135 flying lags last year by 15%.
Still, the past two weeks saw three operators – Airshare, Thrive Aviation, and Tradewind Aviation, announce an expanded presence in the Sunshine State.
| Market (Part 91K & Part135) | Week 17 | %Change vs. prior wk | %Change vs. 2022 | 52-week high | Week | Last 52-week high | Week | Last 52-week low | % Change vs. 2022 |
| Global | 34,062 | -2% | -13% | 41,552 | W25 2022 | 31,174 | W51 2022 | 138,794 | -12% |
| North America | 25,725 | -3% | -13% | 30,412 | W52 2022 | 22,967 | W35 2022 | 106,879 | -13% |
| USA | 24,448 | -2% | -12% | 29,057 | W41 2022 | 21,948 | W35 2022 | 100,785 | -13% |
| Florida | 3,762 | -8% | -18% | 5,792 | W52 2022 | 2,024 | W39 2022 | 17,121 | -15% |
| California | 2,936 | -3% | -15% | 3,452 | W17 2022 | 2,635 | W51 2022 | 11,741 | -16% |
| Texas | 2,072 | -2% | -10% | 2,494 | W42 2022 | 1,644 | W27 2022 | 8,133 | -14% |
| Europe | 7,352 | -2% | -17% | 12,962 | W27 2022 | 4,995 | W52 2022 | 28,270 | -13% |
| UK | 978 | -5% | -23% | 1,772 | W26 2022 | 735 | W2 2023 | 3,880 | -17% |
| Germany | 902 | -11% | -18% | 1,295 | W25 2022 | 516 | W52 2022 | 3,367 | -11% |
| France | 1,066 | 0% | -19% | 2,401 | W21 2022 | 764 | W52 2022 | 4,226 | -14% |
| Switzerland | 498 | 2% | -8% | 868 | W21 2022 | 415 | W47 2022 | 1,964 | -10% |
| Italy | 731 | -18% | -21% | 1,855 | W28 2022 | 389 | W52 2022 | 3,040 | -11% |
| Middle East | 661 | -3% | -7% | 1,075 | W50 2022 | 512 | W52 2022 | 2,517 | -8% |
| Africa | 341 | 50% | 38% | 341 | W17 2023 | 160 | W35 2022 | 1,002 | -3% |
| Asia | 572 | 6% | 5% | 1,015 | W50 2022 | 407 | W30 2022 | 2,368 | 3% |
| South America | 50 | 39% | 43% | 83 | W45 2022 | 13 | W24 2022 | 174 | 24% |
There were 7,352 charter and fractional segments in Europe last week, a 2% week-to-week dip and 17% down from last year.
The charter and fractional activity is 13% down over the trailing four weeks.
Africa and South America saw strong weeks – up 50% and 39%, respectively, on small volume. South America saw only 50 segments for the week.
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