Report: Run-Up to U.S. Election Showed Increase in Business Jet Departures

Central Asia bizjet arrivals are peaking ahead of the COP29 climate conference in Baku, Azerbaijan.

Caleb Revill

Thursday, November 14, 2024 at 03:49 PM ET

Verified

Edited By:

Travis Tingle

Fractional flying is still moving ahead with almost a quarter of all sectors flown so far this month, according to a WingX weekly global market tracker report. [Credit: iStock]

Key Takeaways:

U.S. business jet activity continues a four-week lead over last year, significantly boosted by the U.S. election run-up, particularly in swing states where corporate fleets saw a 17% increase.
Globally, business jet departures for the week were on par with last year, though year-to-date activity is down 1%, with varied regional performance including increases in Switzerland, South America, and Central Asia (due to COP29).
Conversely, Europe saw a slight decline, while Germany's business jet market is in "free fall" with significant year-on-year drops across all operator types, and activity also fell in the Middle East and Africa.

See a mistake? Contact us.

November 4-10 marked the fourth week in a row that business jet activity held a lead over last year, according to a WingX weekly global market tracker report.

WingX reported that the run-up to the U.S. election had a positive impact on bizjet activity, though demand has weakened in the few days postelection. From September 30 to November 10, activity in key swing states steadily rose as election week neared. The report said that this momentum peaked in weeks 42 and 43, two to three weeks out from Election Day.