The ARGUS TRAQPak report has revealed that IFR flights in the USA, Canada and the Caribbean increased by 6.9% in February 2016 compared with the same month last year and business aviation activity was up by 3.3%, when taking into consideration the extra day in February 2016 caused by the leap year.
Part 91 flights saw an increase of 8.6% while Part 135 operations rose by 6% in February 2016 compared with February 2015. The fractional market reported an increase of 2.4% and flight activity by aircraft category was positive across the board: turboprops rose by 9.%, large cabin increased by 7.5%, small cabin by 7.2% and mid-size aircraft grew by 3.7% in February 2016 compared with the same month in the previous year.
ARGUS predicts that business aviation activity will increase by 2.2% in March 2016 compared with March 2015, and there will be a 4% increase overall in the first quarter of 2016.