Possible optimism as forecasters predict private jet travel to drop 67% in April

NBAA cancels 2020 trade show and conference

Argus TRAQPak has revised its previous estimate expecting a 40% to 60% decline downwards

Data from Private Jet Card Comparisons in April shows an increased interest in private aviation membership programs

Signs indicate private aviation may attract new fliers who previously didn’t see the value, but now want to reduce exposure to COVID-19 Coronavirus

Headwinds for business aviation are expected to be even more fierce than predicted just last week. Back then, Argus TRAQPak predicted the private aviation flights in April would be between 40% and 60%.

In an update just released today, its analysts now expect a 67.3% decline this month.

Fractional activity posts strong first-half gains as Part 135 dips

Private jet flying by fractional fleet operators posted a 6.2% gain while on-demand charter and jet card flights dipped 2.2% as the market overall gained 0.3%

Flight activity for the first half of 2019 was up 0.3% compared to the same period in 2018, however, it was a varied report when it came to where the gains came from. Flight hours were up 0.7% during the same period.

private jet activity first half 2019
Private aviation flight activity was up 0.3% in the first half of 2019, according to Traqpak

Flying by fractional fleet operators was the star in the first half of 2019, according to an analysis of private aviation flying by Traqpak. Fractional activity reported the strongest mid-year gain, up 6.2% during the first six months of 2019. Part 91 flight activity was up 0.7%, while Part 135 flight activity, which represents on-demand charter and jet cards, was down 2.2% for the period.

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