Private jet flight hours rebound 87% in Q3

private jet flight hours

Tracking by JSSI shows an 87% spike in private jet flight hours, bringing activity to within 22% of 2019 levels

Average flight hours of private jets tracked by JSSI rebounded by 87% in the third quarter, although they remain 22% behind 2019 numbers.

The private jet rebound might be stronger than it looks

Labor 2020 private jet travel trends

Adjusting August private jet flight numbers for the later Labor Day holiday in 2020 shows U.S. flights moving closer to pre-COVID-19 levels

Mark Twain said, “”There are three kinds of lies: lies, damned lies, and statistics.” He also said, “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts.”

Fractional private jet flights rebound in May

NetJets and Directional’s Flexjet and Flight Options account for 85% of fractional fleet flying, according to Argus Traqpak

There’s a reason for optimism in Ohio this weekend. The state is home to NetJets and Directional Aviation’s Flexjet and Flight Options, which combined account for 85% of North American fractional flight activity.

Private Jet travel projected to drop 28% in March

August 2020 private jet trends

After February private jet flights dipped, Argus TRAQPak is projecting numbers to plummet in March from COVID-19 Coronavirus

If there was an early March surge in private jet travel, it was lost and more by the end of the month. Argus TRAQPak is expecting flights to drop by 27.8%.

Private Jet flights jumped 6.9% in December

Traqpak private aircraft flight activity 2019

TRAQPak said the strong end to the year will be followed up with a 5.8% gain in January

TRAQPak’s review of year over year flight activity (December 2019 vs. December 2018) indicates that December 2019 recorded an increase of 6.9%. It reverses 2018’s negative trend.

The results by operational category were all positive for the period, with Fractional activity posting the largest increase, up 11.5% from 2018.

Part 135 flight activity (which includes Jet Card flights) saw a 7.1% increase from December 2018, and Part 91 activity reported a rise of 5.5%.

Private jet flights increased 0.3% in the first six months of 2019

Despite the strong economy, business aviation saw tepid growth so far this year, and a decline of 0.5% in June year-over-year

TRAQPak’s June report on private aviation flying reported a decrease of 0.5% year-over-year as year-to-date flying showed tepid growth of 0.3%.

Business aviation flying dips 1.2% in November despite 3.5% surge by fractionals

While new jet sales have remained tepid for years, flying activity had been on the rise until recently with its second year-over-year decline in three months

 

While fans of Ohio State may have been dismayed their beloved Buckeyes were not selected for the NCAA Football Championship Playoffs, the state’s two native son fractional ownership programs (Columbus-based NetJets and Cleveland-based Flexjet) provided November’s bright spot for private jet flying. 

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