Post by
lb1temporary on May 22, 2023 10:46pm
Biz jets flying hours
From CIBC transportation and Aerospace weekly (as markets shows sign of uncertainty about the strenght of the biz jet demand we will publish these reports regularly).
Week 20: Business Jet Traffic down 2% W/W: As of May 18, the seven-day rolling average of global business jet flights came in at 10,785, down 2.0% W/W from 11,008 a week ago (May 11). Business jet traffic was up 41% compared to the same week in 2019 and down 5% Y/Y.
Comment by
stockitnow on May 23, 2023 8:39am
Trend has been going down but still historic high. I am expecting/hoping that the summer months will be up. This is when travel is in high demand.