Whilst it’s too soon to say what effect the results of last week’s US Presidential Election will have on global business aviation, we know from our data that the US market is predominately shaped by economic and political events than the more leisure-led European market...
Whilst it’s too soon to say what effect the results of last week’s US Presidential Election will have on global business aviation, we know from our data that the US market is predominately shaped by economic and political events than the more leisure-led European market. We look forward to giving you an overview of US activity as we start to see trends emerging.
In the meantime, we can give you a status of the market today. We’ve been busy at our global Avinode HQs. We’ve just returned from a busy NBAA in Orlando launching solutions set to change the future of charter and breaking both industry and company records. We also recently passed the half million mark for trip requests in just one month alone, a phenomenal number that indicates just how rapidly the Marketplace is growing.
As the demand for private charter continues to rise in the US, Avinode Marketplace members have increased by 20% over the past two years, whilst traffic through the system is growing at double that pace.
It will be interesting to see at what rate this continues to rise over the next few months as political factors settle, or of course if things remain business as usual. We will share this with you when we have more of an insight in the coming weeks and months.
What do you think? Do you think the results of the US presidential campaign will have an effect on business aviation? Do you feel the industry is heavily affected by political events? We’d love to know your thoughts.
If you have comments or suggestions of topics you would like us to cover in future issues, please let us know: [email protected]
2021 has been another year of mixed fortunes for private charter. From the dark days of empty aircraft and very low hourly rates, we raced into record movements and a constrained supply environment leading to challenges sourcing aircraft. Relaxed travel restrictions meant that November saw impressive growth versus 2019 on both sides of the Atlantic, but as we step into Christmas, omicron worries bring fresh concerns. What does Avinode marketplace data indicate for the festive period?Read more
Private charter is booming in Western markets as vaccine coverage increases and restrictions reduce. In this article I will delve into global pricing and demand patterns for the rest of the summer and early autumn, with particular focus on the USA and Europe.Read more
With rapid vaccine rollouts and loosening restrictions in some of private aviation’s core markets, charter demand is returning as we head into summer. Elsewhere, lockdowns remain in place and leisure demand is some way off. In this article, I will look at global demand and pricing patterns, with particular focus on the USA and Europe.Read more