Business Aviation Market Overview July 2018

The HondaJet cabin measures 222 cubic feet

A monthly in-depth update on the dynamics of business aviation from new private jets to used jet sales, private jet travel and other valuable insights for anyone who flies privately, including turboprops

 

To help provide a broader market overview beyond jet cards, this article is shared here with permission from AvBuyer.com   At the halfway point in the calendar year, Rollie Vincent, Editor, Market Indicators, assesses the current state and direction of the Business Aviation market.

by Rollie Vincent

As usual, we rely on a healthy combination of data, sprinkled in with a little hearsay, some hype and our own analyses to come up with our best estimates and insights as to where we stand at the halfway point of 2018. Flight utilization continues to increase in the key markets of North America and Europe, a sure and steady indicator of a gradually improving market. Increases Year-over-Year (YoY) in the low- to mid-single digit percentages are welcome developments, growing somewhat faster than the underlying fleet, with newer aircraft leading the pack. 

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