View all newsletters
Latest in Luxury - Sign up to our weekly newsletter
  1. Travel
  2. Travel News
November 16, 2009

ARGUS Reports October Business Aircraft Activity Up Over ’08

By Pardhasaradhi Gonuguntla

ARGUS TRAQPak data is serial-number specific aircraft arrival and departure information on all IFR flights in the US (including Alaska and Hawaii). The table below reflects business aircraft activity data for October 1-31, 2009 vs. October 1-31, 2008. Part 135 charter certificate flight activity reflects flights of aircraft on Part 135 charter certificates irrespective of the mission type.

Business aircraft activity continues to show improvement in October. October 2009 activity bodes well for continued recovery in the 4th quarter. TRAQPak data indicates October business aircraft activity increased 5.14% over the previous month (September 2009). Comparing October of this year versus October 2008 activity is up 2.5%. The turbo prop aircraft sector led the improvement at 9.1%, with the Part 91 market segment showing the strongest overall results at 5.9% above October 2008. ARGUS estimates the percent change of flight activity, rolling month over month, for the last twelve months is up an average of .67% per month. Total flight activity for the last twelve months as compared to the previous twelve months is off -18.41% (Nov. 07–Oct. 08 vs. Nov. 08–Oct. 09)

www.traqpak.com

Content from our partners
Clase Azul México Unveils New Mezcal
Elevate Your Wealth Experience with Whittier Trust
A Tailored Guide to Spain's Fashion History

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