The total share of the U.S. and Europe in the global business aviation market is over 90% . PrivateFly company decided to conduct a comparative analysis of these regions in terms of market size , relative to GDP , growth, routes , airports, aircraft and other key indicators.
The results show :
Despite the approximately the same level of GDP ( $ 16.7 trillion . U.S. and $ 15.8 trillion . In Europe ) for more mature U.S. market in 2013 recorded more than three times more flights business jet that allowed him to take 73% of the world market , despite the fact that Europe has taken only 20% .
In 2013, the U.S. experienced a small increase in traffic year on year, by 1% , compared with a decline of 2.4 % in Europe. Also last year, the United States has received four times as many new business jets than Europe .
Also in these markets there are key differences in demand depending on the season - a great summer peak in Europe and relatively constant demand throughout the year in the United States .
In 2013, private jets used 4211 airports in the U.S. , compared to 2145 in Europe. Busiest business airports in the United States - Teterboro , New York , and in Europe - Le Bourget , Paris.
Adam Tvidell , CEO PrivateFly, commented: "It was interesting to compare the two largest in the region in our industry. Of course, the United States dominates global terms - it is more mature and developed market for business travel . But interestingly, even though the two regions have similar sizes of the economies , business aviation activity in the U.S. is 3.5 times higher than in Europe .
And there are many reasons for this. U.S. differs from Europe in terms of geography and route network airlines , as well as culturally business aviation .
But Europe has returned to moderate growth this year, and , given the dynamics of the market before the recession ( 10% growth each year in 2006 and 2007 ), I again observe coming greenhouse conditions in Europe. European business aviation industry innovates quickly adapts to the changing profile of the customers of private jets , and I think that we will see in the next decade is more substantial growth than in the I United States. "
Back to other news
