July 4th Holiday Spurs North American Business Aircraft Traffic

Last week’s Independence Day holiday weekend in the U.S. saw record business jet activity—surpassing last year by 11 percent—according to industry data tracker WingX Advance, and a 48 percent improvement over pre-Pandemic 2019.

Aside from that burst of activity, for the past month, business jet volumes are down by 5 percent year-over-year in North America despite Canada and Mexico being slightly ahead of last year’s pace. Ultra-long-range jets were the only aircraft segment to see growth, up 2 percent compared with June 2022.

Globally, turbine aircraft usage dipped by 3 percent year-over-year in June. In Europe, business jet activity was off by 7 percent, but still 10 percent above 2019. Year-to-date, European business jet sectors are trailing 2022 levels by 8 percent. France—the busiest market in Europe—was down by three percent last month compared with a year ago.

Aside from North America and Europe, the rest of the world saw an 8 percent increase in June activity compared with a year ago. Australia is the only market in the group to see declines from 2022. While departures were down by 6 percent, they were still up 71 percent when compared with June 2019.