Written by 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.
A stabilizing market?
“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.
Total – Private Jet Flight Activity Analysis – 2023 – Week 17
| 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.
Part 135/91K – Private Jet Flight Activity Analysis – 2023 – Week 17
| 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.