August Bizjet Activity Robust, but Decreasing

Despite overall growth, bizjet travel is slowing as summer ends, according to new data from WingX and FAA.

Wednesday, September 07, 2022 at 04:35 PM ET

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The Cessna Citation Latitude is one of the jets that have seen the largest increase in fleet size this year. [Courtesy: Textron Aviation]

Key Takeaways:

Business aviation activity is showing initial signs of a slowdown from its pandemic-driven highs, with recent August data indicating a decrease in departures and fractional/charter flights.
Despite the recent tapering, overall business jet travel in North America remains significantly elevated compared to pre-pandemic levels, with record flight activity recorded year-to-date.
The industry faces an uncertain outlook, with concerns that deteriorating economic conditions could further impact flight demand in the upcoming months.
Mid-size jets, such as the Bombardier Challenger 300/350 and Cessna Citation Excel, are currently dominating business aviation operations in North America.

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Business aviation activity is starting to see a slowdown from pandemic highs, according to a recent report by WingX.

Although business and private jet travel remains 20 percent higher than where it was last year, WingX suggests that things might taper off soon. “The big question is whether flight demand can weather the start of autumn and [a] swiftly deteriorating economic outlook in the next few months,” the bulletin said.