As we dive deeper into September 2024, the trends in business jet departures across North America reveal a mixed bag of performances across various states. According to WingX, in Week 37 alone, North American airports recorded a total of 47,745 biz-jet departures. This figure represents a 7% decline compared to the same week in 2023, reflecting broader market trends, particularly within the United States.
Focusing on key states, the data shows that Florida, California, and Texas each experienced year-over-year reductions in flight activity during this period. Specifically, Florida’s departures dipped by 1%, California fell by 9%, while Texas saw a decrease of 4%.
Despite the current slowdown, it’s important to note that U.S. biz-jet activity is trending down by 8% thus far this September compared to September 2023. However, a brighter perspective emerges when we look back to September 2019, as activity levels remain approximately 20% higher than four years ago.
Florida’s situation is particularly interesting. While the state may see a 5% decrease in biz-jet activity year-over-year this month, the numbers paint a much more positive story when compared to five years ago – with a remarkable increase of over 70%. Meanwhile, California presents an exception to the upward trend, as flight activity has actually dipped below the levels seen in 2019.
In summary, while the biz-jet industry faced some challenges in North America during Week 37, historical comparisons suggest resilience and growth in certain regions over the past five years. As stakeholders continue to navigate this evolving landscape, it will be crucial to monitor trends and adapt to the dynamic nature of the biz-jet market.
