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10.26.17 Case Studies

JSSI Business Aviation Index Q3 2017

 

Executive Summary

The third quarter follows a steady increase in flight activity throughout the year and was the most active period in 2017. Average flight hours increased 4.5 percent year-to-date and key regional markets around the world, including Asia, Africa and South America, also reported strong year-to-date flight hour activity. Average flight hours have reached levels not seen since the economic downturn of 2008.

The JSSI Business Aviation Index tracks and reports on the global flight activity and utilization of business aircraft worldwide, including jets, turboprops and helicopters. Unlike commercial aviation, which is largely driven by consumer spending, business aviation is a tool needed for efficient travel to conduct core business activities. The report calculates the average flight hours flown per aircraft on a monthly basis and organizes this data by global region, industry and cabin type. This ultimately provides useful insights into the state of global economic conditions.

Key findings in the Q3 2017 report include:

 











 

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