Private Jet Flight Activity Analysis – 2023 – Week 41

Worldwide private jet flight activity is flat compared to 2022 for the past four weeks as the industry continues to buck the bears.

By Doug Gollan, October 19, 2023

Worldwide private jet flight activity (74,321 segments) increased by 3% week-to-week, putting it just Week 41 last year.

The weekly update from WingX shows over the past four weeks (293,556 flights), global private jet flying is even with 2022.

WingX Managing Director Richard Koe says, “Business jet activity now appears to have realigned with flight activity in 2022, suggesting that demand has now found an equilibrium after deflating in the last 12 months compared to the Covid-related surge.”

In the United States, the 53,211 flights for the week ending Oct. 15, 2023, was a 5% week-to-week increase but 3% below 2022.

However, the 206,354 segments during the trailing four weeks was only a 1% decrease.

Despite a 6% drop week-to-week, Europe (11,556 segments) was just 1% under 2022 levels.

The 50,481 flights represented a 2% decline during the past month.

PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2023 – WEEK 41

Market Week 41 %Change vs. prior week %Change vs 2022 52-week high Week 52-week low Week Last 4 Weeks  %Change vs. 2022
Global 74,321 3% -1% 76,521 W26 2023 57,233 W51 2022 293,556 0%
North America 57,182 5% -2% 58,838 W41 2022 41,108 W27 2023 222,070 -1%
USA 53,211 5% -3% 55,070 W41 2022 37,073 W27 2023 206,354 -1%
Florida 6,066 13% -4% 9,174 W8 2023 3,628 W35 2023 20,788 1%
California 4,857 3% -8% 5,512 W46 2022 3,463 W27 2023 19,172 -4%
Texas 5,237 -1% -4% 5,797 W43 2022 3,335 W27 2023 20,861 -4%
Europe 11,556 -6% -1% 16,289 W26 2023 6,648 W52 2022 50,481 -2%
UK 1,681 -6% 1% 2,014 W28 2023 982 W52 2022 6,835 -4%
Germany 1,405 13% -3% 1,623 W24 2023 651 W52 2022 5,838 -11%
France 1,657 -10% -1% 2,653 W26 2023 1,011 W52 2022 7,641 -1%
Switzerland 718 4% -2% 1,039 W3 2023 549 W47 2022 2,985 -2%
Italy 1,266 -15% 6% 2,264 W28 2023 511 W52 2022 6,009 7%
Middle East 1,372 -11% 1% 2,173 W50 2022 984 W52 2022 5,681 -3%
Africa 975 31% 20% 987 W17 2023 622 W2 2023 3,083 6%
Asia 2,528 6% 17% 3,269 W50 2022 1,913 W27 2023 9,684 10%
South America 1,461 -2% 29% 1,498 W32 2023 1051 W44 2022 5,718 19%

Source: WingX for Private Jet Card Comparisons. Includes Jets and VIP Airliners.

The charter and fractional market saw a 2% week-to-week gain with 39,011 flights, just 1% below Week 41 last year.

More importantly, the 155,250 Part 135 and 91K flights during the trailing four weeks were 4% up compared to 2022.

The U.S. (28,243 flights) saw a 4% gain from the previous week, a 2% drop from the same period a year ago.

The 109,029 charter and fractional segments were 3% more across the past four weeks than in 2022.

PART 135/91K – PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2023 – WEEK 41

Market (Part 91K & Part135) Week 41 %Change vs prior week % Change vs 2022 52-week high Week 52-week low Week Last 4 Weeks  %Change vs. 2022
Global 39,011 2% -1% 40,375 W26 2023 31,174 W51 2022 155,250 4%
North America 29,325 5% -2% 30,412 W52 2022 21,649 W27 2023 113,057 3%
USA 28,243 4% -2% 29,057 W41 2022 20505 W27 2023 109,029 3%
Florida 3,463 10% -5% 5,792 W52 2022 1,958 W35 2023 11,733 3%
California 3,020 1% -8% 3,410 W46 2022 2253 W27 2023 12,060 0%
Texas 2,297 -5% 1% 2,494 W42 2022 1404 W27 2023 9,205 1%
Europe 8,620 -8% 2% 12,171 W27 2023 4,995 W52 2022 38,279 5%
UK 1,313 -4% 9% 1,516 W28 2023 735 W2 2023 5,330 5%
Germany 999 7% -3% 1,223 W37 2022 516 W52 2022 4,243 -6%
France 1,212 -13% 1% 1,943 W27 2023 764 W52 2022 5,701 4%
Switzerland 528 -1% 1% 776 W7 2023 415 W47 2022 2,282 4%
Italy 1,055 -11% 19% 1,847 W28 2023 389 W52 2022 4,918 16%
Middle East 782 -7% 7% 1,075 W50 2022 512 W52 2022 3,255 10%
Africa 312 16% 14% 341 W17 2023 180 W04 2023 1,072 16%
Asia 703 2% 27% 1,015 W50 2022 443 W31 2023 2,651 20%
South America 37 12% -26% 83 W45 2022 18 W22 2023 126 -20%

Source: WingX for Private Jet Card Comparisons. Includes Jets and VIP Airliners.

While down week-to-week (8,620 flights), European charter and fractional flights were 2% up compared to 2022.

For the last month, 38,279 flights were 5% above 2022.

 

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