WingX Says Business Aviation Is Recovering Globally Written 15 March 2021
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Aviation International News reported that global business aviation activity is down 2% year-over-year, according to industry data provider WingX. WingX “said business aviation accounted for a larger percentage of all fixed-wing traffic thus far in 2021 at 19 percent, compared with 12 percent in the same period last year.” The firm noted that business aviation recovery in the US is led by the 12 states that have loosened travel restrictions. Departures from those areas are up 11% in March year-over-year. In Europe, nonscheduled jet and propeller-powered aircraft activity is down 12% year-over-year in March. WingX Managing Director Richard Koe said, “Business aviation in the U.S. is remarkably buoyant, with clear growth on the pre-pandemic period in 2020. Activity in Europe is getting closer to normal, with trends also starting to reflect comparison with the slowdown pre-lockdown in March 2020.”
Full Story (Aviation International News)