Business Aviation Market Overview – October 2018
Flight Activity – Europe
August saw 83,230 Business Aviation departures in Europe, down -8% on July’s peak. Nevertheless, it was the busiest August in the last decade, and was up 2.4% over August 2017. Here’s what happened…
Most of the growth in August came from business jets (65% of all activity), which are up 4% YoY.
The busiest market, France, was down by 3% YoY, while Spain also saw a 4% decline. Offsetting growth came from Italy (4%), the UK (6%) and Germany (9%). Year to Date (YTD), all top six markets are up compared to 2017, France by the least and Germany by the most.
Among the smaller markets, there was double digit YoY growth in Netherlands, Portugal, Finland – and a 75% increase in Business Aviation flights from Montenegro. YTD, Greece has recorded the strongest rebound with flights up by 10% over the first eight months of 2017.