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.
Flexjet LLC has been awarded the Federal Aviation Administration (FAA) Diamond Award for Excellence for the 18th consecutive year, according to a press release.
Cofrance SARL has become the first French charter broker to join the ARGUS Registered Charter Broker Rating. The broker specializes in working with Russian-speaking clients.