Business Jet Activity Remain HealthyFrom CIBC Air traffic monitor
Business Jet Activity Remain Healthy, Up 6% M/M And Up 38% Compared To 2019 Business jet traffic continues to be above 2019 levels.
According to Radarbox, July saw a total of 324,290 global business jet flights. This is up 6% M/M from June’s total of 324,186 flights. Compared to July 2019, global business jet traffic was up 38%. In the U.S., which is 0 10,000 20,000 30,000 40,000 1/4 1/25 2/15 3/8 3/29 4/19 5/10 5/31 6/21 7/12 8/2 8/23 9/13 10/4 10/25 11/15 12/6 12/27 Web Traffic For Flightsafety 2019 2020 2021 0 10,000 20,000 30,000 40,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Web Traffic For Cae.force.com 2018 2019 2020 2021 Airline Traffic Monitor – August 2021 - August 18, 2021 8 the largest business jet market, July saw a total of 238,195 flights, up 3% M/M from June’s total of 232,218 flights. U.S. total business jet flights were up 42% compared to July 2019. We continue to see business jet traffic benefitting from the impact of the pandemic as consumers realize the value of private travel, especially as commercial airlines have shrunk their networks and with the health concerns around travelling commercially. Net-net, we believe the healthy outlook for the business jet market to be positive for BBD and CAE