Private Jet Flight Activity Analysis – 2024 – Week 33

Worldwide private jet flight activity (69,236 segments) was flat in Week 33 compared to the previous week.

That’s 2% below the same week in 2023.

According to WingX, private flights worldwide (283,057) are just 1% lower than last year over the trailing four weeks.

U.S. private jet flights

U.S. flights (46,759 segments) were up 1% sequentially and 1% below last year.

With the Olympics winding down, Europe (11,366) saw a 7% week-to-week drop, putting its flying 1% below last year.

Still, Europe’s private flight activity was up 4% year-over-year with 51,479 segments.

PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2024 – WEEK 33

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

Fractional and charter operators (35,846) were down 2% week-to-week, although they were flat with last year.

Over the past month, the fractional and charter operators saw a 1% gain (149,681 segments).

The U.S. (25,035) was down 1% week-to-week and up the same amount year-over-year.

PART 135/91K – PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2024 – WEEK 33

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

In Europe, fractional and charter operators (8,305 segments) saw a sequential dip of 5%.

That was 2% below last year.

Fractional hyper-growth

However, WingX Managing Director Richard Koe says fractional operators are carrying the market.

The North American fractional fleet is less than 8% of aircraft, but the first 18 days of the month account for 23% of departures.

Canada’s AirSprint was up 137.6% compared to 2019’s pre-Covid numbers.

Flexjet was up 131.3% on the same basis, while PlaneSense can claim 78.1% growth.

NetJets, which accounted for 67.5% of departures, saw 48.7% growth compared to 2019.

In total, fractional departures were up 57.4% over the past five years.