Market Insights / News
European bizav activity calms, but not for all
It is a trend we know all too well: the European business aviation market booms in summer, and wanes late in the year. This year is no different. Departures from Europe have been falling since August, and we expect this trend to continue. Most will experience a decline in requested trips to and from Europe, but not all.
It is a trend we know all too well: the European business aviation market booms in summer, and wanes late in the year. This year is no different. Departures from Europe have been falling since August, and we expect this trend to continue. Most will experience a decline in requested trips to and from Europe, but not all.
Based on last year’s requests between Q3 and Q4, some locations in the EMEAA will have a nice bump in the remainder of 2017, if the pattern repeats. Last year, requests in Q4 increased nearly 1000% from the quarter prior for arrivals to Chambéry (LFLB). Similarly, requests arriving at Malé (VRMM), Dubai (OMDW and OMDB), Marrakech (GMMX), Valencia (LEVC), Innsbruck (LOWI), Sevilla (LEZL) and Samedan (LSZS) grew between 60-400% late in 2016.
Why are these cities seeing an increase when the rest of Europe slows? The move is clear, escape to warmer climates of Maldives, Dubai, Morocco and Spain, or opt for a snowy holiday in France or Switzerland. Reposition yourself for the holiday, and ride the last wave of 2017 business in EMEAA.
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