Business Aviation Has Worst Month in Europe for Six Years
October 2013 was the worst recorded month for European business aviation since October 2006, showing a 2.1% decrease in activity, according to WINGX Advance monthly report.
The number of Charter flights dropped by 3.5% year-on-year, which amounted to 800 fewer flights made on business jets than there were in October 2012.
There were a few regions that experienced growth; however, with Greece growing by 14% and Turkey growing by 3%, Italy reported a small increase, and Portugal the highest at 16%.
Richard Koe, managing director of WINGX Advance said, “The generally improving economic context in Europe is not yet feeding through to demand for business aviation.”
The Global Express from France’s Bombardier, was the most used aircraft, closely followed by the Citation CJ4, the King Air 350 and the Phenom 300.