Business jet activities

WingX, the Hamburg-based business aircraft global market intelligence company, has published its mid-month review of executive aircraft operations.

In its Global Market Tracker appraisal it says business aviation movements are trending down by 12% so far in September, an improvement on the year to year declines of 20%, 18% and 16% for June, July and August respectively.

WingX says that business aviation activity continues to be more resilient than commercial aviation, with commercial sectors down 57% and 60% respectively for the US and Europe this month, a deterioration on some very limited recovery in August. With business jets, 65% of global activity in September has been US-based, with trends wavering at around 13% below the annual figures.

In Europe, the charter market is also relatively robust this month, with Switzerland, Turkey and Russia all seeing significantly increased year on year sectors operated by branded charter operators. Smaller countries like Serbia and Czech Republic have also had a big jump in charters in September. The overall charter market in Europe is flat in terms of sectors, 2% down in terms of flight hours. The offset comes from steep declines in charter demand in the UK, France, Spain and Greece. Charter flights from Nice and Le Bourget are trailing around 15% year on year. Charter flights within Italy, Germany and Spain are ahead of September 2019.

https://wingx-advance.com/european-activity-flags-but-charter-demand-is-buoying-us-market

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