Business Jet Activity Up 10% In 2022From CIBC's Transportation and aerospace weekly:
Business Jet Activity Up 10% In 2022 According to WingX, global business jet and turboprop flights in 2022 rose 10% Y/Y, up 54% compared to 2020 and up 14% compared to 2019. For the first 18 days of December, activity was up 10% compared to three years ago. In North America, activity for 2022 rose 12% compared to 2021 and was up 18% compared to 2019. We continue to see business jet activity track ahead of pre-pandemic levels, which is a positive for both BBD and CAE.