AvBuyer Magazine - July 2018

Read more BizAv Market Insights at: avbuyer.com/articles/market-insight

There were 79,601 Business Aviation

departures in Europe in May 2018,

representing a 1% increase YoY. Activity

lagged the YTD trend of 2.3% and last

year’s growth of >3%, primarily due to a

slump in piston traffic.

Mixed trends were recorded for the

biggest Business Aviation markets, with

France down by -2%, UK and Switzerland

flat, departures from Italy down by -4%,

but activity in Spain up 7%. YTD, flights

from Spain are up 5%, ahead of Germany

(+4%).

Among smaller markets, activity fell

-5% in Austria, -3% in Russia, in line with

the YTD trend, and -15% in Turkey,

accelerating long-term decline in demand.

Greece enjoyed another month of robust

growth (up 15%) contributing to a 2018

trend of +20%.

This month all top 10 markets slowed

in Large jet activity. Growth came in Small

and Midsize jets, notably in France and

Spain, while Switzerland saw a 10%

growth in Turboprop activity.

AOC/Charter activity had one of its

weaker months since its growth run

started back in 2016, with May 2018 <1%

up on May 2017. Charter growth for

business jets was slightly stronger,

comprising 67% of all jet sectors and

rising by 2% YoY. Much of the

AOC/Charter growth came from Spain

and Greece this month, with contrasting

declines in Switzerland and Italy.

“Business Aviation growth trends

continued to slow this month, with muted

recovery in leading markets such as

France and the UK, and Italy’s recovery

now in danger of reversing,” summarized

Richard Koe, Managing Director, WingX.

“Spain is an exception, maintaining

strong growth, and Greece continues its

bounce-back in demand. Growth is being

sustained in the Midsize and Small jet

sectors, notably Light jets such as the

Phenom 300. May’s activity was

characterised by high profile calendar

dates in the south of France, and in

Ukraine. All these events show strong YoY

growth in business jet activity.”

MIwww.wingx-advance.com

Flight Activity

• Europe

MAY 2018 vs MAY 2017

North America Flight Activity

MAY 2018 vs APRIL 2018

North America Flight Activity

TURBOPROP 1.5%

3.0%

2.9%

0 .7%

2.1%

1.7%

3.3%

-0.2%

1 1.0%

2.8%

-0.5%

1.3%

6.9%

-21.9%

0.7%

1.5%

2.9%

2.8%

1.2%

2.2%

LIGHT JET

MID-SIZE JET

LARGE CABIN JET

ALL

PART 91 PART 135 FRACTIONAL ALL

TURBOPROP 4.7%

3.5%

5.2%

-0.8%

3.6%

12.5%

4.2%

0.8%

-1.4%

5.3%

20.4%

6.5%

1.6%

-1.6%

3.8%

8.3%

4.1%

2.8%

-1.1%

4.2%

LIGHT JET

MID-SIZE JET

LARGE CABIN JET

ALL

PART 91 PART 135 FRACTIONAL ALL

TRAQPak’s review of Year-over-Year

North American flight activity indicates

that May 2018 recorded an increase of

2.2% over May 2017. Activity was also

up 4.2% over April 2018.

Year-over-Year (YoY), results by

operational category were all positive

with Part 135 activity leading the way.

The aircraft categories were also all

positive with Light jets posting the

largest gain over May 2017.

Month-Over-Month

May Business Aviation flight activity

posted an expected MoM increase to

finish up from April 2018. Results by

operational category were all positive

for the month, with the Part 135

segment posting the largest monthly

increase, and the aircraft categories

were mostly positive as well.

Turboprops lead the way, though

Large jets posted a MoM decline

during May.

June Activity Forecast

Looking ahead to June, TRAQPak

analysts estimate there will be a 1.9%

increase in overall flight activity YoY.

MIwww.argus.aero

Flight Activity - North America

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BIZAV INTELLIGENCE MARKET INDICATORS

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