ARGUS' Annual Mid-Year Report
/TRAQPak’s annual review of the first half of the year’s flight activity for 2019 indicates that this year, through 6 months, we’ve seen 3 positive months and 3 negative months. We’ve had strong growth in the fractional segment, negative growth in the Part 135 segment and slight gains on the Part 91 side. After moving towards a cooling trend in 2018, the Part 135 segment has spent all of 2019 in the red as each of the 6 months have declined when compared to 2018. The Fractional industry, on the other hand, has produced yearly gains during all 6 months of 2019. The Part 91 segment has also been mostly positive in 2019 with gains in 4 of the 6 months. This review will look at flight activity for the overall industry, the individual industry segments & aircraft categories; it will review top operators & other key metrics. It will also include TRAQPak’s prestigious flight activity forecast.
The smallest, but arguably most significant, gain came in the Part 135 segment, which ended its run of 13 straight months in the red to finish up 1.7% year over year. The aircraft categories were mostly positive with mid-size jets posting the largest increase from 2018, up 5.3%. Light jets posted an increase of 3.0%, while large jets dropped, slightly, 0.3% year over year.
ARGUS TRAQPak data is aircraft flight number specific arrival and departure information on all IFR flights in the US (including Alaska and Hawaii), the Caribbean and Canada.
Download the complete report here.