While 2024 began with an uptick for global business aviation following the holiday period, results for the first week of the year declined compared with the same period in 2023, according to WingX’s weekly Global Market Tracker report.
Business jet traffic rose by 9 percent from the last week of 2023 to the first week of 2024, however, the recent results were 3 percent lower than in the same period a year ago. Turboprop traffic in the first week was slightly lower than a year earlier—about 0.1 percent. Combined Part 135 and Part 91 operations were 2 percent lower than a year ago. Meanwhile, scheduled airline traffic rose 12 percent from the first week of 2023, while cargo traffic decreased by 9 percent.
