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Charter demand driving activity growth in Europe |
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A total of 57,037 flights during February
marked a 4.5% increase in year-on-year activity and continued the solid growth
of business aviation in Europe, according to WINGX`s latest monthly Business
Aviation Monitor.
Business jet departures were up by 3%, with a decline in Private flight missions
offset by 5% gains in Charter activity.
Western and Central Europe saw robust growth in flight activity, although flat
in the UK and modest in Italy. Germany had the strongest growth, mainly growth
in Prop activity. Spain had the largest growth in business jet activity, with a
+9% trend over the last twelve months.
Large jet activity was mixed during February, with a 6% increase in flights from
top market, France; up 4% in Switzerland; down 6% in Germany; and -11% in Italy.
Small jet flights were modestly up in the top 3 markets, and up by 17% YOY from
Spain.
AOC activity was the growth driver once again, with France and Germany seeing
over 10% growth in these missions. There was exceptional YOY growth in Belgium
and Finland, although the UK charter market was down slightly. AOC market
declined 12% in Czech Republic.
Private activity was slightly up overall this month, but wavered in France,
Switzerland and Russia. Owner flights were well up in UK, with over 4,000
flights out of the London airports in February, this volume up by 2.5% YOY.
90% of flights from Europe stayed within the region, this volume up by 5% YOY.
Flights inbound to Europe from other global regions were down, with arrivals
from the Middle East down by 15%, and Transatlantic arrivals down by 5% YOY.
Within Europe, there were almost 300 flights on the busiest connection between
Le Bourget and Geneva, but whilst this volume was flat YOY, AOC traffic between
airports including Farnborough, Nice, Le Bourget, Vnukovo and Zurich was up by
around 20% YOY.
February 2018: YOY Trend |
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Aircraft
Light Jets, mostly for Charter sectors, and Super Midsize, mostly Fractional,
saw the largest pick-up in demand, mainly on short sectors. Owner flights on
Midsize, Entry Level and VLJ flights was well down. SLJ Charter flights also
declined.
The busiest 10 airports all saw some increase in YOY activity this month, modest
at Le Bourget, Vnukovo and Zurich, substantial at Farnborough, Geneva, Nice and
Biggin Hill. AOC departures from Farnborough were up more than 30% YOY.
Richard Koe,
Managing Director of WINGX Advance, comments: “Activity has softened in some
countries, with the political climate probably showing through in UK and Italy.
The main leisure markets still look strong, with Charter flights to and from
Spain well up, and airport pairs connecting London, Paris and the South of
France showing very strong growth. Short commercial sectors are seeing most
growth, especially on Light Jets. Owner activity remains very subdued.’
Airports
The busiest 10 airports all saw some increase in YOY activity this month, modest
at Le Bourget, Vnukovo and Zurich, substantial at Farnborough, Geneva, Nice and
Biggin Hill. AOC departures from Farnborough were up more than 30% YOY.
Richard Koe,
Managing Director of WINGX Advance, comments: “Activity has softened in some
countries, with the political climate probably showing through in UK and Italy.
The main leisure markets still look strong, with Charter flights to and from
Spain well up, and airport pairs connecting London, Paris and the South of
France showing very strong growth. Short commercial sectors are seeing most
growth, especially on Light Jets. Owner activity remains very subdued.’
Download the latest Business Aviation Monitor
WINGX
Advance is a data research and consulting
company based in Hamburg, Germany. WINGX
analysis provides actionable market intelligence
for the business aviation industry. WINGX
services include: Market Intelligence Briefings,
Customised Research, Strategic Consulting,
Market Surveys. WINGX customers range from
aircraft operators, OEMs, airlines, maintenance
providers, airports, fixed base operators, fuel
providers, regulators, legal advisors, leasing
companies, banks, investors and private jet
users.
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WINGX
Advance GmbH |
Conventstr. 8 - 10 | Building
A |
D
- 22089 Hamburg |
Germany. |
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+49
40 32 84 69 78 phone | +49 40 32 84 69 79 fax |
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BlueSky Business Aviation News | 8th February
2018 | Issue #454 |
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