After a 4% year-over-year gain in January, ARGUS TRAQPAK analysts expect private jet flight activity to fall by nearly the same amount this month.
ARGUS TRAQPak analysts are forecasting private jet flight activity in North America will be down 3.9% in February.
That follows a 4.0% increase in January.
Last year was the industry’s third-best despite falling for a second straight year.
January was forecast to be up 5.2%.
SVP Travis Kuhn tells Private Jet Card Comparisons, “January started about as well as it could for business aviation.”
He adds, “We don’t expect to see gains like this all year, but we expect 2025 overall to finish positive by the time the year closes out.”
The flight trackers expect that 2025 private jet flight activity will increase by 0.2%.
Kuhn says, “In the short term, Part 91 activity continues to be an area we are watching closely, especially in a month where everything was positive except that segment.”
On the other hand, “It seems that Part 135 activity has hit its bottom, but Part 91 activity still seems to have a little ways to go before the declines stop.”
Part 135 includes ad hoc charter, jet card, and owner flights if the aircraft is on a charter certificate.
Part 91 is exclusively aircraft used for non-commercial flights.
Once again, fractional flight activity led the way.
Fractional flying was 11.1% ahead of 2024 levels in January.
Large cabin activity spiked 18.2%.
Midsize Part 91k activity was up 11.6%.
Turboprop flying increased nearly double-digits by 9.3%.
Light cabin private jets saw the most negligible gains and were still up 7.7% year-over-year.
Part 135 flying was black across all categories, with a 9.1% year-over-year gain led by midsize jets.
Light (+5.1%) and Turboprop (+5.0%) were up, and large jets were up by 2.7%.
Overall, the charter jets saw a 5.9% increase.
For Part 91, only turboprops (+3.4) were significantly in the black, with light jets up 0.2% compared to January last year.
Large cabin flying was down 5.7% in Part 91.
Looking at the overall market, midsize jets saw the biggest gain, up 6.5%
Large jets were up just 0.2%, bringing up the rear.