Week’s Highlight: Fractional Fleets Propel BizJet Activity in September

Welcome to another issue of our weekly newsletter, a committed endeavor by Skyllence to empower our valued customers with real-time, high-quality insights into the global business aviation landscape. Our dedication to delivering exceptional services is paralleled by our commitment to keeping our readers informed about market trends, busy routes, top-performing aircraft, and the pulse of business jet activity around the globe. The ongoing fluctuations in the market spotlight the essential need for informed decision-making, and we strive to be your reliable source for all matters in business #aviation.

Global Trends

September continues to mirror the summer-long trend in global bizjet activities, recording a nearly 5% decline compared to last year but maintaining 20% gains on 2019. The U.S., being the pivotal market, is exhibiting a 4% decrement from the previous year. The overall activity remains robust, mainly fueled by Fractional Fleets, compensating for the diminishing Corporate Flight activity and subsiding Charter demand.

North America

In North America, the business jet sectors are experiencing a 5.1% dip in the first 18 days of September compared to last year, although it is still 18.5% up on a comparable period in September 2019.

Europe

Europe is currently facing a broadening decline in bizjet activity in September 2023, with flights through the 18th down by 7% compared to last year but still up by 11% compared to 2019.

Asia

Business jet activity in Asia this month denotes a 30% ascent on September last year and a substantial 68% rise compared to September 2019, with the busiest airport in the region being Seletar in Singapore.

Middle East

With 3,899 bizjet sectors operating through the 18th, September’s activity in the Middle East is level with last year and has witnessed a 45% elevation compared to four years ago.

Skyllence continues to meticulously monitor the global and regional landscapes of business jet activity, emphasizing the busiest airports, top-performing aircraft, and market variations. Our steadfast commitment is to proffer high-quality services and give our readers the vital insights requisite for successfully navigating the ever-evolving market terrain. We hope that you extract value from this edition and welcome your feedback to add our future dispatches.