Business Aircraft Flying Soars Higher in December
Strong North American market boosts overall activity
Entering service in September 2022, Bombardier's Challenger 3500 became the fastest super midsize model to reach 100 deliveries last October, as the entire super-midsize 300/350/3500 continued on a path to the 1,000th milestone celebrated in Montreal.

Global business aircraft flight activity last month climbed 7.3% year over year (YOY), with North America reporting a stronger-than-expected increase—up 4.1% from December 2023—according to TrakPak data from Argus International. The European market also turned positive, rising 1.3% YOY, while the rest of the world continued with its upward trend, soaring 30% from a year earlier. Argus analysts are predicting that North American and European flying will be 5.8% and 0.8% higher YOY, respectively, this month.

“Business aviation flight activity delivered a nice Christmas gift to finish out 2024. We had expected it to be a positive month, but our growth models were expecting about half of what we ended up seeing,” said Argus senior v-p of software Travis Kuhn. “In North America, we still have areas of concern in large-cabin-jet Part 91 and Part 135 activity. We do expect Part 135 activity to finally begin to show positive gains on a consistent basis as we move into 2025.”

All operator and aircraft categories in North America saw increases in December. Fractional flying had the strongest returns, up 13.3% YOY, followed by Part 135 and Part 91, with 2.8% and 1.6% gains, respectively. By aircraft category, midsize jets took the lead with a 7.1% increase, followed by light jets, +4.8%; turboprops, +2.4%; and large-cabin jets, +0.3%. While the latter was the most challenged, fractional large-cabin jets experienced the only double-digit surge—up 20.8%—in individual categories last month.

In Europe, all jet categories recorded increased activity last month, with large-cabin jets in the pole position, up 5.3%, followed by midsize jets, +1.9%, and light jets, +0.3%. Turboprop flying in the region fell 2.7% YOY.

All aircraft categories experienced double-digit gains in the rest of the world: turboprops, +45.5%; midsize jets, +27.9%; light jets, +22.4%; and large-cabin jets, +13.6%.

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