Charter Demand Up in Europe, Down in North America
The latest data from online charter portal Avinode shows a contrasting picture of demand fluctuations on either side of the Atlantic Ocean. Its forward-looking demand indices for March 4 shows demand in Europe picking up significantly in the light, midsize and heavy jet categories tracked, with the biggest increase being in the midsize segment where the index rose by almost 67 points month-over-month, to 184.6.
Compared with a year ago, demand for all three groups of aircraft was also up by between around 20 and 40 points. But in the North American charter market over the same period, projected demand over the next 30 days fell in all three groups, with the steepest fall being among heavy jets, for which the index dropped 36 points to 107. Demand was also down across the board compared with last year, but, with the exception of heavy jets, to a lesser degree.
As is often the case with Avinode’s data, fluctuations in the pricing indices were far less pronounced over both the last month and the since the same period last year. In both Europe and North America, projected pricing levels barely moved in all categories of aircraft tracked.