Tag: ARGUS

Despite a booming economy, private jet travel is expected to be flat during the holidays

by Doug Gollan

ARGUS TRAQPak expects a 0.6% dip for the Festive Season and a 1.1% increase in private flights during Thanksgiving 2018

 

While the economy is booming, it apparently won’t have much impact on how many folks will be taking a private jet home for the holidays or away for vacation this year according to the ARGUS TRAQPak 2018 Holiday Business Aircraft Activity Forecast. From December 22 to December 31 the expectation is a year over year decrease at 0.6%. Slightly more people will be flying during the Thanksgiving break with a thin increase of 1.1% over 2017 projected.  The forecast comes after September business aviation flying dipped in September due to a slow Labor Day and Hurricane Florence.

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The busiest states and dates for private jet travel

by Doug Gollan

Florida, California, and Texas take the top three slots when it comes to business aircraft departures, according to ARGUS

 

An analysis of 2018 first half private aviation travel trends includes a list of U.S. states by the number of flight departures. Coming in at the top with 150,838 flights was Florida, followed by California (150,838), Texas (138,713), New Jersey (51,432), and Georgia (50,324). The five states with the fewest private aviation users were Vermont (2,040), Rhode Island (2,567), Delaware (2,867), West Virginia (4,758) and Maine (4,847). 

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Large jets are the bright spot as private flights dip 1/10th of 1% in June

by Doug Gollan

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%

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Business aviation flights increase 2.2% in May as jet card and on-demand charter for large private jets spike 11%

by Doug Gollan

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. 

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Jet cards and on-demand charters boost private aviation flight activity 7.7% in March

by Doug Gollan

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% 

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