Business aviation activity for October shows ‘reverse of negative trend’

posted on 15th November 2018 by Alpha
Business aviation activity for October shows 'reverse of negative trend'

ARGUS has released its monthly report on business aviation flight activity and has stated that October 2018 demonstrated a reverse in a negative trend seen earlier in the year.

The industry saw slight growth in activity levels overall.

ARGUS stated: TRAQPak’s review of year over year flight activity (October 2018 vs. October 2017) indicates that October 2018 recorded an increase of 0.9%.

The results by operational category were mixed with Fractional activity posting the largest yearly increase, up 4.4% year over year. Part 91 activity posted an increase of 1.8%, while Part 135 activity declined for the 5th straight month, down 1.7%.

The aircraft categories were mostly positive with mid-size jets posting the largest increase from 2017, up 2.5%.

Light jets posted an increase of 0.3%, while large jets posted a 3.7% year over year decrease. Turboprops increased 1.9%.”

A full summary can be found here.