Business Aircraft Flying Rebounds in October

AINalerts » November 15, 2012
November 15, 2012, 2:50 PM

After a dismal September, business aircraft flying rebounded last month, climbing 2.8 percent year-over-year, according to TraqPak data released this week by aviation services company Argus.

The data brought good news for the beleaguered Part 135 industry, with flying activity in this category segment leading the pack with a 9.7-percent increase last month. Part 91 flying rose 1.4 percent, while activity at the fractional providers fell 5 percent.

Aircraft category results were positive across the board when compared with October 2011. Large-cabin activity jumped into the lead at 4.9-percent growth, followed by midsize jets (3.9 percent), light jets (2.9 percent) and turboprops (1 percent).

Looking at individual market segments, Part 135 midsize and large-cabin jets posted the biggest year-over-year increases, up 13.3 percent and 10.3 percent, respectively. Fractional turboprops recorded the largest decline, dropping 21 percent percent from a year ago, due largely to the voluntary grounding at Avantair.

Argus TraqPak data provides “serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S.”

Tags: Business

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