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Air Charter (and Part 91) Volume Update: December is 9,700 hours above 2019

We're closing in on Christmas and volume remains strong. In fact, month-to-date we are showing 9,710 hours more than for the same two weeks in 2019, which translates into a 14.6% increase year over year. 

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We are seeing exceptionally strong demand in the Part 91 world as well with average volumes getting close to 10,000 hours per day. Month to date, the non-commercial business flying is up almost 22% and nearly 25,000 more hours over the past two weeks than in 2019.

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In the last update we saw Teterboro close to 2019 volumes. Now we have moved past that into positive territory for the month. As you can see in the chart below, we show MTD volume that is 5.3% above 2019 and 14.6% more activity this past week than the same week in 2019.

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With this steady stream of additional demand, I get asked if there is anywhere not seeing a positive impact. There are still areas that are not catching up to 2019 volume levels. One of these is Albany, NY, which is 21.3% below 2019 year-to-date and 26.6% below for the month of December.

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Another example, would be Pioria, IL where the YoY trend is down 9.6% and the month to date is down 4.7%. I will say that it is getting harder to find examples like these, but there are still areas that have not seen private travel return to pre-pandemic levels.

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