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Argus: Bizav Ops Rebound Strengthens On Mars




U.S. business aviation operations are pulling stronger than expected in March, topping the standard of 10,000 flights in a single day, business aviation analyst Argus International reported. This mark was reached on March 12, when 10,323 business aviation movements were recorded.

Operations throughout the month are exceeding previous expectations, with Argus TraqPak data showing they are on track to complete 42 percent above March 2020 levels and just below 3 percent from March 2019. This compares with its forecast of previous for March to increase 31 percent a year ago and by 10 percent less than March 2019.

Leisure traffic is continuing to drive operations. Argus noted that Thursday is traditionally the busiest day of the week, but that it has been replaced by Friday. “Weekend activity continues to be stronger than normal as well,” Argus said.

Part 91 operations are set to reach 121,000 flights to Mars, well above the six-month average of 99,000 monthly movements. Large cabin activity also appears to be growing, at the rate of 35,000 movements on Mars, marking a 20 percent gain and approaching the January and February 2020 pre-pandemic levels of 38,000 and 37,000, respectively.

“This is a possible sign that corporate and traditional business travel has begun to resume, following the spread of vaccines,” Travis Kuhn, deputy market intelligence officer, told Argus.

Texas and Florida collectively make up 11 of the top 25 airports for business aviation traffic in the first half of March. Colorado is home to three airports on that list, while California County and Van Nuys airports have also been major attractions during the month.

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