NEWS
  Aircraft & Manufacturers
Boeing should continue tweaking the 737 Max product line-up to help recover parity with Airbus in .. ...
14 AUGUST, 2017 Antonovs parent company is forecasting that the Ukrainian airframer will ...
Bombardier Business Aircraft announced it delivered the first Challenger 350 aircraft to be based .. ...
  Airlines business
Air Lease Corporation announced the placement of twelve new Airbus A321neo aircraft on long term ...
SILKAIR has inked a codeshare agreement with Lao Airlines for its flights to Vientiane and Luang ...
Vietnamese low-cost carrier VietJet Air has signed an order for 100 Boeing 737 Max 200s, making it . ...
 
Business jets
Friday, 20/09/2017, 03:29:34 AM
Business aircraft flying grows on back of bullish charter market
Comment Comment |  Send To E-mail Send To E-mail |  Print Print
Business aircraft flight activity in North America continued its resurgence during the first six months of 2017, with the charter and fractional ownership segments making the greatest gains.

According to the latest TraqPak report, published on 7 August by aviation services company Argus International, instrument flight rules take-offs and landings across the USA and Canada rose by nearly 4% between January and June, while flying hours for the sector climbed by 6% year-on-year.

The Part 135 ad hoc charter sector was the strongest performer for the period, recording a 10% climb in movements and a 12% surge in flying hours. Fractional ownership operators, headed by NetJets and FlexJet, also made solid gains in the six months ended 30 June, with movements and hours up by 5.7% and 8.1%, respectively, the report says.

Flight activity in the Part 91 sector, governing private and corporate operations, remained flat year-on-year, although overall flight hours climbed by 1.5%, according to Argus.

The data records increased activity across all aircraft categories. Hours flown on large-cabin business jets rose by 10.5% to 475,580h, while the 664,107h recorded on midsize jets marked a 7.3% rise year-on-year. At the lower end, light jet and turboprop flying climbed by 3.5% and 3.2%, respectively to 478,433h and 564,431h.

Argus describes the sector’s performance as “nothing but positive” and predicts a 3% increase in flight activity between August and October.

Source: Flightglobal

Comment Comment |  All Comment
Other news [Back]
 Dassault delivers 2,500th Falcon business jet  (03/08/2017)
 State-owned lab unveils Russias first turboelectric engine concept  (03/08/2017)
 Middle-market demand factors into MC-21 follow-on decision  (03/08/2017)
 Embraer reports decline in half-year business jet shipments  (14/07/2017)
 Boeing wins first-half orders battle, but deliveries slump  (14/07/2017)
 FOURTH GULFSTREAM G600 TEST AIRCRAFT MAKES FIRST FLIGHT  (03/07/2017)
 PARIS AIR SHOW ANALYSIS: Five reasons for the widebody sales slump  (26/06/2017)
 Textron Aviation celebrates light jet leadership with 2,000th delivery for Cessna CJ family  (23/06/2017)
 Bombardier Marks Major Milestone with Delivery of 3,000th Learjet Aircraft Manufactured  (09/06/2017)
 EMBRAER RELEASES FOURTH QUARTER AND FISCAL YEAR 2016 RESULTS AND 2017 OUTLOOK  (10/03/2017)
 Falcon 2000LXS joins Luxaviation UK charter fleet  (06/01/2017)
 Dassault sees better Southeast Asia business jet market  (22/12/2016)
 Cedar Executive Orders an additional Embraer Legacy 500  (08/12/2016)
 Royal Jet introduces two new BBJs  (01/12/2016)
 Second Cessna Citation Longitude takes flight  (24/11/2016)
 
SERVICES
 VALC News
On 19 Dec 2012, VALC successfully took delivery of the A321-231 aircraft with MSN 5418. This is the ...
Chi tiết
At 17:00 5th September, 2012 local time in Hamburg, Vietnam Aircraft Leasing Company (VALC)   ...
PRESS RELEASE  23-08-2012 11:12am
VALC delivered the first A321-200 to Vietnam Airlines.
Chi tiết
On November 5th, 2011, Vietnam Aircraft Leasing Company (VALC) took delivery of the EC155 B1 ...
 
VALC Valc, leasing, aircraft, plane, airlines, fastmoney, boeing, airbus, việt nam, airlines, viet nam, finance, investment Copyright © 2008 VALC.COM.VN
Back to top
Homepage  |   Contact  |   Make your homepage  |   Introduce VALC  |   RSS  RSS Feeds
Copyright © 2008 VALC.COM.VN. All Rights Reserved. Address: 14th Floor, Tower A Vincom Building, No.191 Ba Trieu Str., Hanoi, Vietnam.