According to ARGUS TRAQPak’s review of flight activity for this past month, private jets in North America recorded approximately 1.3% more flight activity than in the previous year.
Analysts had expected a 3.8% gain in January.
Much of North America suffered severe winter weather in January. However, January flight activity demand increased year over year.
From January 1st to January 22nd, private jet flight activity was up approximately 6.5% year-over-year, according to ARGUS analysts.
However, the winter storm and subsequent cold weather significantly impacted private jet flight activity. From January 23rd through the rest of the month, private jet flight activity in North America was down nearly 11% year-over-year.
ARGUS TRAQPak expects the private aviation market in North…
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Source privatejetcardcomparisons.com
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