WingX: World Bizav Traffic Slowly Rising
Curt Epstein | May 22, 2020
Global business aviation traffic is down by 55 percent year-over-year as the industry continues dealing with the headwinds posed by the Covid-19 pandemic, according to the latest statistics released on Thursday by data provider WingX. In its weekly Global Market Tracker, the company noted that the 113,000 legs flown thus far in May stands in contrast to the 254,000 a year before. On average, 2,600 business aircraft were active each day in May, representing 44 percent of the number usually deployed.
But the Hamburg, Germany-based WingX noted some cause for optimism as the seven-day rolling average jumped from 4,800 flights on May 1, to 6,800 on May 19. At its low point in mid-April, the total plunged below 3,700 daily flights. In contrast, commercial scheduled flights are still around 85 percent below normal levels.