According to a new study of 60 high-grossing companies in Canada, business aviation users on average outperform non-users by 43 percent in revenue growth. The study, done by Nexa Advisors, also found that business aviation users could expect to improve earnings before interest, taxes, depreciation and amortization (EBITDA) at a rate of 50 percent higher than non-users.

Additionally, the report contends that business aviation users are almost three times as efficient as non-users at both using equity capital to generate income and increasing productivity of assets. The report’s results mirror the findings of similar studies done by Nexa for NBAA.

“The report proves what we had known all along: companies that use business aviation have a huge advantage and better financial results than those that don’t,” said Canadian Business Aviation Association president and CEO Rudy Toering. The findings in the Nexa report complement CBAA’s recently released 2017 Economic Impact Study that shows business aviation generates a total of $12.8 billion and 47,000 jobs annually in Canada.

Toering said CBAA is using both reports to “connect with leaders and influencers across Canada to increase their awareness of the value of business aviation to Canadians and to ensure regulations and policies do not damage this important aviation sector.”

Inventories of preowned business jets, turboprops and helicopters are all trending lower, dropping by an overall average of 0.5 percent year-over-year in September, according to data released on Monday by business aviation information firm JetNet. Business jets and turboprops showed the largest declines, with inventory of the former deflating by 1.1 percent from a year ago, to 10.4 percent, and of the latter falling by 0.7 percent, to 7.4 percent.

“This is very good news, but we are just above the 10 percent line for business jets and still in a buyer's market,” JetNet said, adding that this inventory now sits at just above 2,200 aircraft.

Over the first nine months, preowned business jet sale transactions rose 5.9 percent year-over-year, to 1,946, but jets are taking the same amount of time to sell at 313 days. Conversely, JetNet said used turboprop sale transactions fell 10.2 percent, to 911, and average number of days on the market rose by 13, to 309 days.

Turbine helicopter transactions during the first three quarters increased—by 5.9 percent, to 1,061—but so did the average number of days on market, which soared by 50, to 487 days. Despite units up for sale taking more than a year to sell on average, turbine helicopter inventory is just 6.5 percent of the installed fleet, 0.3 percent lower than a year ago.

Business aircraft flight activity in North America continued on its trend of healthy increases last month, according to the latest TraqPak data from Argus International. Compared with the year-ago period, activity increased 5.2 percent, the second straight month of at least 5 percent growth. This month, the company is predicting a 5 percent increase from a year ago.

Once again, Part 135 charter flights were out in front, surging by 11.8 percent during the period. Fractional activity climbed 3.6 percent, while Part 91 operations increased by 1 percent.

Analyzed by aircraft category, large and midsize jets were up 7.2 percent and 5.7 percent, respectively, while light jets and turboprops gained 4.9 percent and 4.1 percent. The largest segment increase for the period was large jet charter, up 17.6 percent for the period, followed by midsize jet charter at 12.7 percent. Within the fractional space, light jets posted the largest increase at 9.4 percent. Notably, fractional large-cabin jets posted the only decrease, falling 4.3 percent.

Weekday flights jumped 3 percent, while those on the weekend ascended by 1.8 percent, according to Argus. By region, the U.S. Southeast recorded the most business aviation flights last month at 55,874. The Midwest/Great Lakes region was the next busiest, logging 36,558 flights.

However, business aviation activity was flat comparing September 2017 with August 2017 levels, posting an overall decline of 0.1 percent, while Part 135 activity logged an overall increase of 2.1 percent for the period and fractional flying plunged 6.8 percent. Large jets posted the largest monthly increase overall, up 4.6 percent, while large jet charter climbed by 11.1 percent. Conversely, fractional turboprop operations dropped 16.4 percent.