Join us at CJI – London 2022. Richard Koe, WINGX Managing Director will be presenting on a panel discussion “Is this the golden age of business aviation?”

Richard’s presentation will be available to view after the event. If you would like to stay up to date with our weekly updates check out our free weekly bulletin. 

To give you a flavour of our view, we’ve set out a few charts below which set out recent flight trends in the context of historic market demand.

Business jet services are outpacing the airlines in terms of activity recovery, connectivity and frequency

The Covid-19 pandemic has had significant impact on global aviation. Travel restrictions resulted in the cancellation of hundreds of thousands of scheduled airline flights.

Throughout the pandemic we have been capturing the recovery of business aviation activity, additionally, scheduled airline activity.

In 2021, business jets flew 7% more sectors than in 2019. Scheduled airline sectors had fallen by 37% compared to 2019.

The Covid-19 pandemic has had significant impact on global aviation. Travel restrictions resulted in the cancellation of hundreds of thousands of scheduled airline flights.

Throughout the pandemic we have been capturing the recovery of business aviation activity, additionally, scheduled airline activity.

In 2021, business jets flew 7% more sectors than in 2019. Scheduled airline sectors had fallen by 37% compared to 2019.

In 2021 there were 7% more business jet sectors compared to 2019. This increase in demand is likely due to business jets being able to fill gaps in demand left by cancelled scheduled airline flights.

Flying almost 900,000 sectors, light jets were the most popular aircraft segment globally, this was an increase of 12% compared to 2019. Heavy jets, ultra long range jets and bizliners failed to recover to 2019 levels, the latter flying 31% fewer sectors.

We have recorded departure data for business aviation flights since 2006 (business jets and turboprops). 2021 was the busiest year for business aviation in the United States since 2006. Unlike the post 2008 financial crash where business aviation activity gradually rebounded, business aviation activity has rocketed past pre-pandemic levels within one year.

We have recorded departure data for business aviation flights since 2005 (business jets and turboprops) in Europe. 2021 was the third busiest year for business aviation activity since 2005. Similar to the United States, activity has rebounded to beyond the initial years prior to the pandemic.

Through our market intelligence, WINGX helps our customers make quicker and better informed decisions.

Our customers include operators, brokers, OEMs, aircraft suppliers, airports and investors.

Our services include customised data-analytics, interactive dashboards and consulting support.