“ While it may be tempting to use broad generalizations about the way business aircraft are most often used in America today, let’s not neglect the importance of business aviation as a crucial competitive asset to companies, an economic driver and lifeline to communities large and small. ”
Charter Pricing Stable, Demand Down
With the holidays over, demand for private charter flights has predictably decreased on a month-over-month basis. Projected demand for the next 30 days stands at 91.90 on the index employed by online charter portal Avinode. That's about half the level of 181.04 recorded on December 3. Nevertheless, there was an early indicator of longer-term recovery in the charter market since this year's
index was in fact up more than 26 points from 12 months ago. The latest Avinode forecast also suggests that pricing levels are holding up better. The global pricing index currently stands at 97.37, up almost a point from a month ago and more than six points above last year's figure.