European activity ramps up in May
According to the latest monthly report from WINGX Advance, 77,068 business aviation departures took place in Europe in May 2017, reporting the busiest month so far this year, up 17% on April 2017 activity, and increasing 3.3% versus May 2016. The year-to-date (YTD) 2017 growth shows 3.2% on 2016.
The report further reads that the daily flight frequency in May landed on 2,486 departures, with the largest gains occurring in the second half of the month, coinciding with the Monaco GP and Cannes film festival.
The jet segment logged the strongest growth year-over-year (YOY), up by 4%. Turboprop and piston flights also increased YOY.
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Geographic growth shows strong numbers in West and Central Europe, mainly from Germany, Switzerland and Austria, with the UK and Spain also logging substantial gains. Flights arriving into Europe increased from all regions except North Africa. Arrivals from Russia were up 3%, in contrast to 6% decline in the last 12 months. Departures from Europe to North America were up 8%, and flights to Asia-Pac increased 18% YOY.
“Following last month’s blip, May resumed the growth trend in business aviation activity in Europe this year, evident mainly in the largest markets France, Germany and UK,” comments WINGX Advance Managing Director Richard Koe. “Activity growth from the UK is notable, with London’s light jet departures growing 10% YOY. Trends at Farnborough, Biggin Hill and Stansted partly reflect some migration from Northolt, but also London’s overall increase in business aviation activity, visible during this month´s calendar events such as the Monaco Grand Prix and Cannes Film Festival.”
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