The early months of 2024 unveiled a landscape marked by both continuity and shifts for the business aviation industry. While overall flight volumes maintained a striking similarity to the previous year, the nuances across regions and operator types revealed a multifaceted narrative of the industry’s trajectory.
According to WingX Advance, in 2023, global flight activity had dropped by three per cent compared to 2022, aligning with market expectations following the post-pandemic slowdown. Globally, 5.1 million business jet and turboprop flights were recorded, at a 3.4 per cent compound annual growth rate over four years, with North America and Europe contributing 92 per cent of the activity. While business jet traffic decreased by four per cent compared to 2022, turboprop flights surged, particularly in South America and Africa, doubling since 2019. In December 2023, bizjet activity had dropped by three per cent from 2022 but remained 16 per cent higher than December 2019.
Q1 BIZJET ACTIVITY ROUNDUP
Denne historien er fra Issue 7, 2024-utgaven av SP’s Aviation.
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Denne historien er fra Issue 7, 2024-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
BOEING'S SERVICE SUPPORT FOR SELF-RELIANCE IN AEROSPACE AND DEFENCE
Boeing Defence India (BDI) remains committed to developing in-country capabilities and strengthening its support for India's defence ecosystem
"WILL CONTINUE THE POLICY FOR DEFENCE REFORMS TO BOOST MANUFACTURING"
Furthering the country's defence production target of three lakh crore by 2029 and leading such initiatives is Sanjeev Kumar, Secretary, Department of Defence Production, Ministry of Defence. In an exclusive interaction, Consulting and Contributing Editor Manish Kumar Jha speaks with the Secretary, on his roadmap and policies for spurring defence manufacturing in India, for both public and private sectors.
LESSONS FOR AIRPOWER
Learning from the Past and Ongoing Conflicts
"OUR CURRENT R&D BUDGET IS WOEFULLY SHORT"
Air Chief Marshal A.P. Singh, Chief of the Air Staff believes that while concentrated efforts to increase the same are on-going, the private industry would also need to actively invest in this sector
AW109 TREKKERM
Leonardo's state-of-the-art multi-role military light helicopter
IAF'S CHALLENGES AND KEY SOLUTIONS
Major industry platforms like Aero India 2025, showcasing advanced aerospace and defence technology solutions, present a crucial opportunity for the Indian Air Force (IAF) to address its operational challenges
CIRRUS SR22: CHOOSE CAPS FOR SAFETY!
Cirrus Aircraft and COPA set out to create a culture in which pilots who operated the CAPS system were celebrated - not criticised or even questioned - for their decision. This resulted in a steep drop in accident rates.
SEARCH FOR A MEDIUM LIFT HELICOPTER
The Indian Multi-Role Helicopter (IMRH), offering diverse capabilities, is being developed to cater to both military and civilian applications
INDIAN AEROSPACE INDUSTRY AT AN INFLECTION POINT
Aero India 2025 is a golden opportunity for all stakeholders, from policymakers to DRDO, PSUS and private industry, to come together and showcase their commitment to not only make India Atmanirbhar in Aerospace but also be a reliable and capable exporter of aerospace products
"MIDDLE-EAST REGION IS A LAUNCH PAD, AND OUR AIRCRAFT ARE WELL-SUITED FOR MISSIONS OUT OF HERE"
The MEBAA show, held in Dubai every second year, witnesses a very regular participation of Gulfstream Aerospace. The 2024 edition held in December last year also witnessed a great and active participation of Gulfstream. Jayant Baranwal, Editorin-Chief, SP's Aviation, had an exclusive conversation at this occasion, with Michael Swift, Group Vice President - Sales, EMEA & APAC, Gulfstream Aerospace.
