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 signs of slowing down from pandemic-induced highs, with August seeing minimal growth and recent declines in fractional/charter flights and departures from top airports.
Despite the recent deceleration, overall private jet travel remains significantly higher than last year and pre-pandemic levels, though its sustainability is questioned amidst a deteriorating economic outlook.
North America has recorded overall record flight activity this year, primarily driven by U.S. market growth, with mid-size jets such as the Bombardier Challenger 300/350, Embraer Phenom 300, and Cessna Citation Latitude being particularly popular.

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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.