Data research company WingX has released its Business Aviation Monitor results, which reveal business aviation activity in Europe has fallen 1.7 per cent year-over-year.
The negative results come despite the industry hitting its busiest month so far this year, with 87,236 total departures in June still down on the numbers from last year.
“All but one month this year so far have seen declines in flight activity compared to last year, with the first half of 2019 some 2 percent down on 2018,” said WingX managing director Richard Koe.
The sector saw its biggest decline in the turboprop category, which fell 6 per cent, while small and midsize jets together declined by 3.9 per cent.
Charter activity remained unchanged while owner flights fell, although large jets did show an increase in activity, as did flights in Spain and France.
The UK, however, experienced a downturn in flights of 6 per cent, while Germany was hit the worst with a crash of 11 per cent in total business aviation activity.
Koe said the latest set of results “clearly…reflects the gloomier macroeconomic picture, with Germany´s economic slowdown and the UK’s Brexit chaos reflected in significant declines in flight activity from both countries.”
He added that the market “is up for grabs in the next two months”, particularly in locations popular for summer holidays such as Mykonos, Ibiza, and Nice.