Wingx in the news

Coverage of Corporate Jet Investor’s 2019 London conference, held at the Landmark Hotel on Monday 28 and Tuesday 29 January.

This week the annual World Economic Forum (WEF) will bring business leaders from around the world to the Swiss town of Davos, and Air Charter Service predicts there will be close to 1,500 private jet flights over the week.

Andy Christie, Private Jets Director at ACS, said: “The global interest in the event led us to analyse the private jet activity over the past five years of WEF. Davos doesn’t have its own airfield and, whilst we have several clients who fly into the town by helicopter, the four main airfields that private jet users attending the forum use are Zürich, Dübendorf, St. Gallen-Altenrhein and St. Moritz.

“Working with WingX, we looked at private jet activity at those airports over the six days of each WEF week since 2013 – from one day before the event to one day after. Last year was the busiest year for private jets so far, showing an 11% increase on 2017, with more than 1,300 aircraft movements. If we see a similar increase this year, we could be looking at almost 1,500 aircraft movements over the six days.

For the full year 2018, 13 of the 20 largest markets in Europe were up, although, of the biggest, only Germany and Spain got robust growth, according to a press release from WingX. Activity has clearly slowed in the second half in UK, France, Italy. The biggest declines, according to WingX came from Russia and Turkey.

In December Large Jet activity was sharply down falling by 6% year over year (YOY), with biggest declines in France, Germany, Switzerland, and Sweden. Small and Midsize Jet traffic also declined to drop 3%. Large and Small Jets showed fully year trends of around 1.5% growth. Flight activity within Europe was flat in December, with a big gain in arrivals from North America and a drop-off in flights from Africa, CIS region, Middle East.

Brussels, Belgium. The EBAA is today launching an interactive Business Aviation Market Dashboard available to EBAA Members on the EBAA website.

In collaboration with WINGX, the Market Intelligence Provider, EBAA has launched a dashboard which captures Business Aviation flight activity, active fleet size and composition, and airports, as well as the economic value and employment generated by the industry across each and all member countries.
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Business aircraft departures in Europe climbed 2.9 percent year-over-year, to 79,280, last month, according to data from WingX Advance. Year-to-date, flight activity in the region is up 3.6 percent from a year ago.

All of the leading markets saw gains; Germany, the UK and Italy logged “modest” increases while France experienced 3 percent growth and Switzerland surged by 8 percent. Smaller markets with strong growth included Greece, with flights rising 14 percent, and Turkey, where flight activity soared by 10 percent year-over-year. There was a small decline in Norway, while flights in Ireland and Croatia fell 6 percent and 8 percent, respectively, from a year ago.

Co-Chaired by: Oscar Garcia, Chairman and CEO InterFlight Global Corporation and IFG Capital
Richard Koe, WINGX
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The territory’s countries; Spain, Portugal, Andorra and the British colony of Gibraltar, have experienced invigorated growth since our conference last year. Several professional working groups have been formed, and in general the talk-on-the-runways points at further and greater business aviation developments, opportunities and profitable growth.

European Business Aviation Departures Rise In October

​Business aviation departures in Europe totaled 77,197 in October, up 5% from a year ago and 12% from October 2016, according to WingX Advance. But departures remain down from their 2007 peak. Business jet activity totaled 60% of the flights. The top six European markets grew during the month, with flights up the most in Germany.

European airports saw 77,197 business aviation departures last month, an increase of 5 percent year-over-year, according to the statistics released today by Germany-based data provider WingX Advance. Of the six top markets, Germany saw the largest increase in departures for the month, up 8 percent from last October, followed by the UK at 3 percent, France and Switzerland at 5 percent each, and Spain at 11 percent, while Italian departures saw nominal growth.

In October, jets constituted 60 percent of the business aviation flights, and jet activity was up 4 percent year-over-year, led by the super-light and super-midsize segments, which gained 9 percent and 12 percent, respectively. Large jet flights increased by 1 percent.

Last month, business aviation flights within Europe rose by 4.9 percent year-over-year, while transatlantic departures were up by 10 percent. Overall, year-to-date European business aircraft activity is up by 3.2 percent.

London Biggin Hill has expanded its partnership with WingX by utilizing the market intelligence company’s new Airport Dashboard.

The WingX dashboards will form part of London Biggin Hill’s marketing strategy, which includes increasing the airport’s market share in intercontinental activity.

Andy Patsalides, marketing manager at London Biggin Hill, said, “WingX has long played an important role in our growth story by highlighting key market insights and associated commercial opportunities. The WingX dashboard upgrades this capability by giving us an interactive portal to the fleet disposition and activity of all our current and prospective customers.

“Last month, we saw from WingX that whilst the overall trend in market growth is around 3%, London Biggin Hill is seeing more than 15% growth, with +39% YOY in large business jet activity.

“This clearly demonstrates we are ably delivering the message around our extended operating hours and our speedy connection to Central London. The focus now afforded by WingX will enable us to continue this upward trend.”