Business aircraft flying dipped 2.5 percent year-over-year last month in North America and the Caribbean as Part 91 and 135 activity declined, according to the latest TraqPak Aircraft Activity Report from Argus. Part 91 activity last month was down 3.4 percent from a year earlier, while Part 135 activity fell 2.9 percent during the same period.

Buffering this decline was a 2.1 percent year-over-year increase in fractional flight activity. That was solely spurred by midsize jet fractional flying, which was up 8.3 percent in November. Large jet fractional activity, conversely, plunged 18.3 percent last month, while large jet activity across all operating segments was collectively down 4.8 percent.

The only other increase in November was a 1.3 percent improvement in Part 91 light jet activity. But that was not enough to offset declines in other Part 91 aircraft categories: turboprop activity dropped 3.5 percent; midsize jet, -6.8 percent; and large-cabin jet, -5.6 percent.

Similar to Part 91, midsize jet activity led the decline in Part 135, down 5.1 percent. This was followed by light jet activity at -4.8 percent and turboprop activity at -1.3 percent. And while large-cabin jet activity dropped precipitously with fractionals, it was down just 0.1 percent at Part 135 operations.

Despite weak demand, Argus is still forecasting an overall 1.4 percent year-over-year increase for this month.