Florida bypassed California and Texas to take the top spot for private jet departures in 2020
New Jersey dropped from 4th to 9th place as flights at Teterboro Airport plummeted by 50%
2020 U.S. private aviation flight activity declined 23.9% from 2019, according to Argus TRAQPak
After a 48.9% drop in Q2, private jet flights were just 15.2% below pre-COVID levels in Q4
In a year ravaged by COVID-19 negative growth, Florida had the most private jet departures. It jumped past last year’s leader California and second-place Texas despite a 7% drop in activity. That still compares favorably to the overall market. U.S. private aviation flight activity declined 23.9% from 2019, according to Argus TRAQPak.
In 2018 business aircraft flight activity increased just 0.9% after 4.8% and 8.1% growth in 2017 and 2016
In a classic glass half full or half empty analysis, TRAQPak’s 2018 Business Aviation Review noted that while private jet flights are set to exceed the three million mark in 2019 for the third straight year, growth last year was markedly slower. Business aircraft flight activity inched up nine-tenths of a percent, far below the 4.8% growth the industry saw in 2017 and 8.1% gains the previous year. On the negative side, the second half of the year saw declines after positive growth during the first six months.