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Argus International and TRAQPak have released the Business Aviation 2016 review. This year-end review will look at flight activity for the overall industry, the individual industry segments and aircraft categories, and it will review top operators and other key metrics. The review will also include TRAQPak’s prestigious quarterly forecast.
2016 is in the record books and it proved to be another banner year for business aviation. TRAQPak recorded rises in flight activity for 11 of the 12 calendar months; April recorded a slight year-over-year decline of 0.6 per cent.
Flight activity for 2016 was up 3.2 per cent when compared to 2015. It was up 5.3 per cent when compared to 2014 and 7.5 per cent when compared to 2013.
Read the entire report here.