Private Jet Charter News




Wednesday, April 22, 2009

Entries for the Tag:Air Traffic

March Flight Activity Continues Climb

jetpoolheaderAccording to a data recently released from ARG/US, March saw an 8 percent increase in General Aviation flight activity over the previous month.  This marks the second month-over-month increase in air traffic flight data from ARG/US and further strengthens hope that this is indeed a solid recovery sign for the business aviation industry.

ARG/US, the Cincinatti-based specialized aviation-services firm, estimates that flight activity has dropped an average of 1.76 percent per month over the last 12 months, with total flight activity declining 20.45 percent in that period. Compared with March last year, business jet and turboprop traffic was down 26.2 percent last month.  So, while still down as compared to a year ago, this increase in traffic shows that the industry is taking the first tentative steps to making a full comeback.

 

Posted by Kevin in
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Tags: private jet charter, argus, air traffic, economy
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