Press releases

Summer sporting events are welcome boost for European bizav market, says Avinode

23 Jun 2016

The European business aviation charter market is being boosted over the summer months by sporting and cultural events, according to Avinode.

View original story: http://www.blueskynews.aero/issue_373/Summer_sport…

The European business aviation charter market is being boosted over the summer months by sporting and cultural events, according to Avinode.

While overall flight activity is still 1% lower compared to the summer period of 2015, the addition of the four-yearly UEFA Euro 2016 to the annual F1 Monaco Grand Prix, French Open tennis tournament and Cannes Film Festival are all contributing to the industry’s summer peak period.

Oliver King, managing director, Avinode says: “The European business aviation market is still not growing as fast as the market in the US and, according to our most recent figures, is, in fact, slowing. However, the summer months continue to provide the peak period of the year for Europe, this year with twice as many flights in July as in January 2016.

“This summer, Europe has plenty of draws for visitors, with France being one of the most popular destinations. Data from the Avinode Marketplace shows there were ten times as many requests for flights to Nice at the end of May 2016 compared to the rest of the year, primarily driven by the F1 Monaco Grand Prix, the French Open and the Cannes Film Festival.

“Business jet charter requests also surged on 10-11 June 2016 in the ten host French cities of the UEFA Euro 2016 football games. There was a boom in Marseille with 2,600 requests for those two days – a 100-fold increase compared to the same period in 2015. Of those requests, approximately 40% were from Russia. Looking at actual flights flown, there was an increase of 195% business jet flights to Marseille over the Championship’s opening weekend, compared to the same period 2015.”

Outside of Europe, the upcoming Rio 2016 Summer Olympics are having a huge influence on business aviation flight requests. The top 10 summer destinations for requested flight departures from Europe, through the Avinode Marketplace, sees Rio as the second most requested city.

Oliver King concludes: “At Avinode we are fortunate to have a unique vantage point across the global business jet charter market. Europe continues to be a leisure market driven by the preferences of high net worth individuals and a tradition of a long summer break. This is in contrast to the US where corporate use of business jets lessens the impact of holiday peaks, and means the industry is shaped more by economic and political events, such as the 2016 Presidential Election.”


Keep reading

23 May 2023

Avinode Group shares their vision of a new booking experience for air charter.

The Avinode Group team is dedicating their EBACE attendance this year to unboxing the vision for a completely new booking experience, set to simplify and improve the interactions between operators, brokers and end clients in a world where customer relationships are increasingly built and maintained online.

Read more
02 May 2023

A new must-read white paper on payments for everyone in air charter just released.

Today, the team at Avinode Group is happy to announce the release of a new white paper, "Why payments matter in air charter." The white paper is designed to provide brokers and operators with insights into the challenges, trends, and solutions unique to the business aviation sector, with the aim of helping them navigate the payment space and find the best payment solutions for their businesses.

Read more
28 Apr 2023

Avinode Group: Unboxing a new experience at EBACE 2023.

The Avinode Group team is excited to announce the participation in this year’s EBACE exhibition with a completely new booth (F62), designed for an interactive and educational experience. Visitors will be met by engaging educational content and presentations of Avinode Group’s latest solutions for business aviation professionals and our vision for the future.

Read more