TraqPAK reports 2017 was a good year for private jet operators, including fractional, charter and Jet Cards
Business aviation eclipsed three million flights for the first time since 2008, according to TRAQPak. Overall, total business flight activity in 2017 was at the highest rate of growth since 2014. Flight activity increased across all operational categories for a combined increase of 3.9%. The researcher said, 2017 produced year over year increases each month, with Thursday continuing to be the busiest day of the week for flight activity.
Access by private jets and turboprops enable companies to better serve hard to get to locations bringing money and jobs. Jet Cards have made it easier for companies to use business aviation
Jet Cards have made travel easier for companies by enabling them to leverage the benefits of private jet travel for employees and customers without the long-term commitment and expense of full or fractional ownership. At the same time Jet Cards provide companies the ability to tightly control budgets and who is flying, as well as ensure providers meet the duty of care standards for sourcing aircraft and flight crew. Now, according to advocacy group No Plane No Gain, two governors in the Southeast have recognized that having their rural general aviation airports upgraded to business aviation standards is a key element in driving increased economic development in these areas.
Private aviation may feel the impact of a continued government shutdown NBAA CEO Ed Bolen said in a statement
National Business Aviation Association (NBAA) President and CEO Ed Bolen on Friday warned Washington policymakers that the government shutdown could have serious repercussions for a vital American industry: general aviation.
Business aviation continued its growth in 2016, according to ARGUS TraqPAK. Total business private aviation flights increased to 2,948,708 in 2016 from 2,858,445 in 2015, a 3.2% gain. Flight activity grew in 11 of 12 month during the year. The biggest increase was in large cabin planes with a 6% jump. Gulfstream G-IV airplanes saw the largest increase.