Business aviation flights increase 2.2% in May as jet card and on-demand charter for large private jets spike 11%

Jet card and on-demand charter helped boost the Part 135 air charter market 2.8% in May while fractional flying grew 0.7%

 

Bigger was better, at least when it came to on-demand and jet card charter in May as flight activity with large jets spiked 11% year-over-year. It was the opposite of fractional share flying where large jet activity plunged 21.9%, according to ARGUS TRAQPak. 

Large jet on-demand charter and jet card flights jump 11.8% in April

Part 91 flying saw a 4.1% increase, followed by a 1.3% gain for Part 135 (jet cards and on-demand charter) and 0.6% for fractional ownership programs

 

ARGUS International’s TRAQPak monthly report showed a 2.6% year over year gain in terms of flight activity powered by an 11.8% increase in Part 134 large jet flights. Part 135 represents flying through jet card programs and on-demand charter. In terms of fractional ownership, Midsize jets saw a 7.9% boost, however large jet flights dropped by 19.9%. TRAQPak didn’t provide any commentary for what drove the numbers. 

Jet cards and on-demand charters boost private aviation flight activity 7.7% in March

Jet cards and on-demand charter continue to be the sweet spot of private aviation powered by a 15.1% increase in large jets

 

TRAQPak’s is reporting year over year flight activity (March 2018 vs. March 2017)

indicates that March 2018 recorded an increase of 2.6%. The results by

operational category were mixed with Part 135 activity, once again, producing

the largest yearly gain, up 7.7%. Fractional activity recorded a slight rise of 0.6%,

while Part 91 activity dipped into the red, down 0.4%. The aircraft categories

were all positive with large jets posting the largest gain from 2017, up 4.7%. Midsize jets followed with an increase of 4.4%, and light jets posted a 0.2% year over year increase. The turboprop segment posted an increase of 1.8%. For Part 135 which includes jet cards and on-demand charter, large jet activity increased 15.1%, followed by mid-size jets at 8.4% and turboprops with 6.4% growth. Light jet activity increased 4.4% 

Private Jet Flying Increases 4 Percent In January

TRAQPak analysts estimate there will be a 3.8% increase in overall flight activity year over year in February 2018

 

After having its best year since 2008 with over three million private aviation flights in North America during 2017, 2018 is off to a flying start.

 

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Business Aviation Tops 3 Million Flights For First Time Since 2008

TraqPAK reports 2017 was a good year for private jet operators, including fractional, charter and Jet Cards

 

Business aviation eclipsed three million flights for the first time since 2008, according to TRAQPak. Overall, total business flight activity in 2017 was at the highest rate of growth since 2014. Flight activity increased across all operational categories for a combined increase of 3.9%. The researcher said, 2017 produced year over year increases each month, with Thursday continuing to be the busiest day of the week for flight activity.