Private Jet Flight Activity Analysis – 2024 – Week 38

Despite a 5% week-to-week gain, Week 38 (72,821 segments) was 2% below the same period last year.

WingX data shows that worldwide private jet flights have been down 4% from 2023 over the past four weeks (275,726 segments).

“Business jet demand is ebbing fast this month, particularly in the small and midsize fleets. In the U.S., the weakest spot is California. In Europe, the post-Olympics hangover is showing up in much lower flight activity, notably in Germany,” says WingX Managing Director Richard Koe.

In the U.S. (49,232), a 7% sequential gain still left movements 3% down from a year ago and 5% down over the past month.

California (4,387 segments) was down 7% year over year for the week and 8% over the four-week trailing period.

Europe (12,395) was off 1% week-to-week and 2% year-over-year for Week 38 as well as the past month.

PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2024 – WEEK 38

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

Fractional and charter operators (36,244 flights) saw a 3% week-to-week gain, but were still 3% short of last year.

The 25,404 U.S. fractional and charter departures were 3% below 2023.

Over the past four weeks, the operators have been 5% behind last year’s volume.

Like the overall market, California saw the biggest decline, 10% behind 2023, despite 2,662 segments.

PART 135/91K – PRIVATE JET FLIGHT ACTIVITY ANALYSIS – 2024 – WEEK 38

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

If you are looking for bright spots, head to South America.

Charter and fractional operators enjoyed a 90% year-over-year boost.

Alas, that only meant 38 departures for the month.

That’s equivalent to the volume of one hour in the U.S.