Some decline, although business jet charters
There was a decline in YOY business aviation
flights from Europe in March 2018 according to WINGX`s latest monthly Business
Aviation Monitor, with 3.6% fewer departures than in March 2017.
The business jet fleet operated 70% of all
sectors with activity up 0.4% YOY; AOC/Charter saw gains of 6% gains, offsetting
a 10% drop in Private flights.
Compared to March 2017, most of the biggest
markets were down this month, with Germany, Italy and UK seeing the largest
falls. Spain was an exception with 2.6% YOY growth. Apart from the UK, all the
top European markets are still up YTD 2018.
In the smaller markets, activity dropped off
by 11% in Belgium, by 18% in Turkey and Ireland. Russia’s outbound activity was
flat, and there was >10% growth from Greece and Poland. Overall, business
aviation flights within Europe were down by 4%.
International activity was largely down this
month, with flights from Europe to North America falling 7%, and down 5% for
departures to Asia-Pac. Flights from Europe to the Middle East were up by 2% YOY,
and to Africa, up by 4%.
At the aggregate level, declines this month
came from Private flights, which were down by 10% YOY, the biggest monthly drop
since 2016. This heavy decline in owner flying was reflected across Italy,
Germany, Spain, Switzerland, France and UK.
AOC/Charter activity was up by 2% YOY, a
slowdown in recent growth trend but maintaining monthly increases since 2016.
Growth in these flights exceeded 5% in France, Switzerland and Spain, although
some decline in Germany and UK.
March 2018: YOY Trend
Declines in business jet activity this month
were marked in Large Aircraft categories, with >10% declines in Germany and
Italy, although Large Jet departures grew 14% from Spain. Smaller Jet activity
was up in Switzerland, Italy and France.
All the OEM fleets saw an overall decline in
activity, except for Embraer and Pilatus, with the Phenom 300, Legacy 600 and
PC12 all seeing strong YOY growth in activity. Strongest segment growth this
month came from SMJ and ELJ, modest increase in SLJ & LJ.
Paris Le Bourget (LFPB) was the only leading
airport to see some decline this month. Most airports were boosted by increase
in AOC/Charter activity, offsetting the YOY declines in Private flights.
Farnblorough (EGLF) had the stand-out growth this month, departures up by 18% vs
Managing Director of WINGX Advance, comments: “The fall-off in activity this
month bucks the recent growth trend. This may reflect some wavering in the
economic outlook, especially in the UK, but it may also be a specific effect
such as the earlier Easter holiday this year. This month still had growth in AOC/Charter,
especially in business jets, in contrast to the marked fall in Private missions.
Some specific aircraft, notably Phenom 300, PC12 and Legacy 600, continue to get
very strong growth in demand."
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
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BlueSky Business Aviation News | 12th April 2018 | Issue #459