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Aviation News

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Aviation News Item: 00867

14th Nov 2009

Bizav Activity Continues to Show Improvement

Source: fly-corporate.com

October 2009 business aircraft activity bodes well for continued recovery in the 4th quarter.

TRAQPak data indicates October business aircraft activity increased 5.14% over the previous month (September 2009). Comparing October of this year versus October 2008, activity is up 2.5%. The turbo prop aircraft sector led the improvement at 9.1%, with the Part 91 market segment showing the strongest overall results at 5.9% above October 2008. ARGUS estimates the percent change of flight activity, rolling month over month, for the last twelve months is up an average of .67% per month. Total flight activity for the last twelve months as compared to the previous twelve months is off -18.41% (Nov. 07-Oct. 08 vs. Nov. 08-Oct. 09).

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