RE:RE:RE:RE:RE:Some toughtsJet card is for jet sharing like netjet, Flexjet etc. It doesn't include business who own their own jets, private owners, and many smaller companies that manage jets for others.
If you read ainonline, air insight etc. you would see a lot of private aircraft were down for maintenance and or interior upgrades. Used jet aircraft price are still high. So yes usage was down, but I am not concern about it.
Truthifest wrote: temp, I got my private jet flight numbers from Doug Gollan's Private Jet Cards Comparisons site, which I think gets it's numbers from WingX. They show global, US and Europe activity having decreased for a bit, but still up for the year-to-date and especially compared to 2019. So, the recent trend has been down.
For "week 48" (ended Dec 4, 2022), total global departures were 66,755, down 9% from last year, and for the four weeks ended Dec 4, down only 5%. IIRC, it was down the previous month, too, compared to last year. So it's cooled off a bit, it seems. Still, up a lot from 2019, and up 7% from week 47.
Hopefully the cool down tapers off to an ongoing higher than 2019 rate,but it is a risk for new order expectations by Bombardier investors. I think 859 may even be assuming the Company increases production 15-20% annually beyond 2023. The Company has not guided to that at all, IIRC. If they did, at the 2022 Q4 call in Feb or during Investor Day prob in early March, look out above!