Argus: Business Aircraft Flying Slumps in November

AINalerts » December 11, 2012
December 11, 2012, 9:11 AM

After posting a gain in October, business aircraft flying hit a patch of turbulence last month, falling 2.3 percent year-over-year, according to TraqPak data released yesterday by aviation services company Argus. These results were partially weighed downed by the temporary shutdown of Avantair’s flight operations from late October to mid-November, Argus noted.

But it wasn’t all bad news–Part 135 activity, which took a big hit over the past two years, logged a consecutive increase last month, rising 5.6 percent versus a year ago. (In October, this operational category climbed 9.7-percent year-over-year.) Part 91 flying last month slipped by 3.6 percent from November 2011, while activity at the fractional providers fell 12.2 percent.

By aircraft categories, light jet activity rose 2 percent from a year ago, while midsize and large-cabin flying fell modestly, decreasing 0.8 percent and 0.3 percent, respectively. Turboprop flying dipped by 7.1 percent year-over-year, in large part due to Avantair.

Looking at individual market segments, Part 135 light jets posted the biggest year-over-year increase, up 11 percent. Fractional turboprops recorded the largest decline, dropping an astounding 40.6 percent from a year ago–again due 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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