While private jet flight numbers are expected to show impressive year-over-year gains from March 2021 onwards, they will still fall short of pre-pandemic levels, according to the latest Argus TRAQPak forecast
Argus TRAQPak’s forecast for the first four months is good news, relatively speaking. North American private jet flight hours are projected to increase by 21.6% in March 2021 on a year-over-year basis. In April 2021, Argus expects flight hours to surge by 194.9%
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%.
What are the busiest days of the week and year for private
flights?
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.
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 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.
Recent private air crashes that killed soccer star Sala and one of Russia’s richest women are highlighting a number of safety issues
A world removed from those Gulfstream G650s and Bombardier Global Express private jets you read about in stories about what type of plane Jennifer Lopez or Elon Musk own are turboprops and piston aircraft. They’re also very popular.