Private Jet Flight Activity Analysis – 2023 – Week 47

Despite a 15% drop in global private jet flight activity in Week 47 from the previous week, its 63,732 segments were still 6% ahead of 2022’s record levels.

BizAv Tops Airlines, Cargo

And despite concerns about a slowdown of private jet flying, the sector is still outperforming scheduled airlines and cargo compared to pre-Covid 2019 levels.

Looking at the year so far, WingX Managing Director Richard Koe notes, “Year-to-date, global bizjet activity trails last year by 4%, although 19% ahead of 2019.”

He notes that scheduled airline sectors are 15% ahead of November 2022.

However, the airlines are 9% behind four years ago.

Dedicated cargo operators are flying 7% fewer flights compared to November last year, 1% ahead of four years ago.

In the U.S., flight activity for the week ending Nov. 26 saw 45,008 sectors, an 18% week-to-week drop but 7% up compared to 2022.

Texas and Florida were top performers, 11% and 8% ahead of last year, with 7,410 and 4,544 segments, respectively.

In Europe, flying (8,652 segments) was 1% higher than a year ago.

PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2023 – WEEK 47

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

The charter and fractional market (34,636 flights) outperformed 2022 by 5%.

In fact, the sector was 1% ahead of last year for the trailing four weeks.

The U.S. accounted for 25,892 fractional and charter flights.

READ: How’s business for charter, fractional operators in 2023? The answers vary

That was a 7% increase over last year for the week and 2% ahead over the past month.

Florida (+4%), Texas (+2%), and California (+1%) all saw growth for charter and fractional operators over the trailing four weeks.

PART 135/91K – PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2023 – WEEK 47

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

Charter and fractional providers in Europe flew 6,237 flights for the week, a 2% bump from 2022.