View all newsletters
Latest in Luxury - Sign up to our weekly newsletter
  1. Travel
  2. Travel News
November 16, 2011updated Feb 08, 2013

ARGUS Finds October Business Aircraft Activity Rebounds from September

By Pardhasaradhi Gonuguntla

Cincinnati, Ohio – Reported by Elite Traveler, the private jet lifestyle magazine

ARGUS TRAQPak data is serial-number specific aircraft arrival and departure information on all IFR flights in the US (including Alaska and Hawaii). October 2011 flight activity tilts positive after a negative September. TRAQPak data indicates that October 2011 business aircraft activity rebounded from September 2011, finishing up 3.7%. Looking at the results for operational categories, all of them managed to post a positive month, which was a complete reversal from September. Leading the way was the Part 91 market posting a 4.8% month over month increase. The fractional market followed, up 2.7%, and Part 135 showed modest gains as well, up 2.3%. The aircraft categories mimicked the operational categories with large cabin posting the largest month over month gain, up 5.8%. Small cabin aircraft were right behind, up 5.1%, followed by mid-size cabin, up 4.9%, and turbo props, up 1.7%. The largest month over month increase was in the Part 91 mid-size cabin market which managed to post a month over month increase of 7.1%.

Comparing year over year results (October 2011 vs. October 2010) aircraft activity decreased slightly, down 1.5%. Comparing the operational categories the Part 91 market continues its positive year over year growth, up 2.6% from October 2010. Looking at the other side of spectrum the Part 135 market continued its year over year struggles, down 7.9%. The fractional market was also on the downside, down 3.1%. Aircraft category results were mainly negative this month with the exception of the small cabin aircraft segment which managed to post a slight increase, up 0.4%. Mid-size cabin aircraft were on the negative side, down 1.5%, followed by turbo props, down 2.3%, and large cabin, down 2.6%. Looking at individual market segments, the Part 91 small cabin segment saw the largest year over year gain with an increase of 8.7%.

www.argus.aero

Content from our partners
W New York - Times Square: "We Do Things Differently"
The Finest Destinations to Fly Private with Qatar Executive
A Weekend Travel Guide to Austin, Texas

Topics in this article :
Select and enter your email address Be the first to know about the latest in luxury lifestyle. Get the latest news on hotel openings and in-depth travel guides. Get insider access to exclusive promotions and special offers from our luxury partners.
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thank you for subscribing to Elite Traveler.

Websites in our network