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.
On-demand charter broker Victor recently released the 10 types of aircraft its U.S.- based customers chartered most often in 2016. According to the release, the 14-passenger Gulfstream IV was the most popular, followed by the Hawker 800XP and Embraer’s Phenom 300.