In a report covering the first half of 2022, Argus Traqpak analysts say despite slowing growth, private jet flight activity will finish the year up to 20% ahead of 2019 levels
Despite “cooling,” private jet flight activity will end 2022 up some 15-20% ahead of 2019 pre-Covid pandemic levels, according to Argus Traqpak analysts.
Private jet flying is expected to stay near record levels for the rest of the year, however, nearly flat to last year’s numbers
June private jet flights in North America were up 1.9% compared to last year, but Argus TraqPak says growth is flattening.
Argus predicts 21.7% February growth in private jet flights
While North American private flights in January slowed down from December, they were still well ahead of previous highs. What’s more, Argus Traqpak sees no letup.
With Omicron not slowing growth last month, January private jet flights in North America are expected to jump 38%, according to Argus TraqPak
Argus TraqPak’s review of year-over-year flight activity (December 2021 vs. December 2020) indicates that last month reported a yearly gain of 36.7%. Flight activity increased 16.5% when compared to December 2019.