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Report: Business aviation activity slows for first time this year

An Argus aircraft activity report has demonstrated that business aviation activity dropped for the first time this year (2018).

Investors do not have much of a warning to heed, however, as the the first drop in the year was not substantial.

Flight activity slipped 0.1% year over year last month.

The report stated: “TRAQPak’s review of year over year flight activity (June 2018 vs. June 2017) indicates that June 2018 recorded a decrease of 0.1%.

The results by operational category were all red with Fractional activity showing the largest yearly decline, down 0.7% year over year.

Part 91 activity followed with a drop of 0.1% while Part 135 activity recorded 6 fewer flights than 2017 to remain flat, 0.0%.

The aircraft categories were mixed with large jets posting the largest gain from 2017, up 1.5%. Mid-size jets posted an increase of 1.4%, while light jets
posted a 0.5% year over year decrease.

The turboprop segment posted a decline of 1.9%.