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 has significantly surged globally, particularly in the U.S., with January 2022 activity well exceeding pre-pandemic levels.
The growth is largely driven by owned and managed aircraft and private/corporate flight departments, indicating a shift in the recovery's focus.
This robust growth contrasts with the stalled or declining activity in commercial and cargo sectors, though future business aviation demand faces potential macroeconomic and geopolitical risks.

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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.