Business Aviation Growth At a ‘Record High,' Report Says

Business Aviation Growth At a ‘Record High,’ Report Says

Kimberly Johnson

Thursday, January 20, 2022 at 03:41 PM ET

Verified

The United States has seen the strongest growth in business jet travel over the past two years. [Courtesy: Boeing]

Key Takeaways:

Business aviation travel, particularly in the U.S., is significantly up globally, surpassing pre-pandemic activity levels from January 2019.
The resurgence is primarily driven by an increase in flights from owned and managed aircraft (private and corporate flight departments), with charter and fractional operations moderating.
This strong growth in business aviation contrasts sharply with the struggling commercial airline sector and stalled cargo activity.

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Business aviation travel is up in the U.S. and around the world, outpacing activity levels reported this time last year, according to a new report.

Business jet travel has seen a resurgence across the board globally in the past two years, but it’s in the U.S. where growth has been strongest, particularly when it comes to owned and managed aircraft, according to WingX, which provides aviation business intelligence.