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.
What are the busiest days of the week and year for private
Traqpak’s most recent analysis of private jet flights for the first half of 2019 reveals both the busiest days of the week and busiest days so far this year.
Despite overall private flight activity growth of just 0.3%, for the first time ever one day averaged at least 10,000 flights per day.
Thursdays were the busiest day of the week average 10,124
flights. Second busiest were Fridays with 9,505 flights followed by Wednesdays
at 9,353 flights on average. Tuesdays averaged 8,744 private flights while
Mondays saw an average of 8,593 flights per day, perhaps indicating many
private fliers tart the week in the office.
New delay data on major U.S. airports shows how private jets are an important business tool when traveling to or from big cities, accessing alternative airports that serve business aviation flights
New airport delay data from AirHelp shows that if you are coming or going to the big city and you absolutely have to be there and are traveling on a tight schedule, flying by commercial airlines is akin to playing Russian Roulette. The summary of the worst U.S. airport delays isn’t pretty. In the top 10, if you are traveling to or from Houston, Atlanta, Denver, Dallas and Chicago, plan on your flight being delayed about 20% of the time. Even worse, as each city is a major hub for airline connections, even if you were only planning to transit those airports, you are likely to arrive at your destination late, according to AirHelp.
Private aviation flights jumped 6.5% in May 2017 compared to last year, according to TRAQPak data. Part 135 flight activity was up 13.3%, Fractional flying was up 6.9% and Part 91 activity increased 2.1%. Large and Mid-size jets posting the largest gains, up 9.3% and 9.2% respectively. Light jets and turboprops saw increases of 3.8% and 5.3% respectively.