Business aviation’s winning streak of monthly gains ended in June with a slight downturn despite a double-digit increase in jet card and on-demand charter of large jets
TRAQPak’s review of flight activity from June 2018 compared June 2017 shows a decrease of 0.1%. The results by operational category were all red – meaning down – with Fractional activity showing the largest yearly decline, down 0.7% year over year. Part 91 activity followed with a drop of 0.1% while Part 135 activity recorded just six fewer flights than 2017 to remain flat, 0.0%. The aircraft categories were mixed with large jets posting the largest gain from 2017, up 1.5%. Mid-size jets posted an increase of 1.4%, while light jets posted a 0.5% year over year decrease. The turboprop segment posted a decline of 1.9%. Large jet Part 135 traffic was the best performer of June with 11.5% growth while fractional flying of large jets fell 21%
Jet card and on-demand charter helped boost the Part 135 air charter market 2.8% in May while fractional flying grew 0.7%
Bigger was better, at least when it came to on-demand and jet card charter in May as flight activity with large jets spiked 11% year-over-year. It was the opposite of fractional share flying where large jet activity plunged 21.9%, according to ARGUS TRAQPak.
Jet cards and on-demand charter continue to be the sweet spot of private aviation powered by a 15.1% increase in large jets
TRAQPak’s is reporting year over year flight activity (March 2018 vs. March 2017)
indicates that March 2018 recorded an increase of 2.6%. The results by
operational category were mixed with Part 135 activity, once again, producing
the largest yearly gain, up 7.7%. Fractional activity recorded a slight rise of 0.6%,
while Part 91 activity dipped into the red, down 0.4%. The aircraft categories
were all positive with large jets posting the largest gain from 2017, up 4.7%. Midsize jets followed with an increase of 4.4%, and light jets posted a 0.2% year over year increase. The turboprop segment posted an increase of 1.8%. For Part 135 which includes jet cards and on-demand charter, large jet activity increased 15.1%, followed by mid-size jets at 8.4% and turboprops with 6.4% growth. Light jet activity increased 4.4%
December 22nd is projected to be the busiest day for private jet travel during the holidays with over 9,000 flights
Palm Beach International Airport is expected to be the busiest destination for the private jet set this upcoming holiday season with an average of more than 130 business aviation arrivals per day during the period while Dec. 22 is expected to be the busiest day with 9,072 flights. That’s according to ARGUS TRAQPak which released its projections for the busiest destinations and days for business aircraft travel during the holiday season. The data includes all Part 135 flights in U.S., including Alaska and Hawaii, plus the Caribbean and Canada, excluding cargo, scheduled Part 135 and fractional operators. There are approximately 7,500 aircraft in the Part 135 fleet. There are about 28,000 commercial flights in the U.S on a given day.
Flying privately is far safer than many other things you do. You are more than 10 times more likely to drown in a bathtub than perish in a private jet crash by a count of over 5,000 to less than 400. However, savvy private aviation users don’t stop there.