August’s business aircraft activity highest since May 2008

Business aviation activity across all types of aircraft increased more than 5 percent in August, according to a new report.

Argus International’s August TraqPak report said flight activity among turboprop airplanes and small, midsize and large business jets saw gains of between 4.5 and 7.2 percent from the same month a year ago.

August’s 5.2 percent increase is the largest monthly increase in business aircraft operations since May 2008.

The report is based on business aircraft operations in the U.S., Canada and the Caribbean.

Increases in business aircraft utilization is considered a barometer for future orders from manufacturers, including Wichita’s Textron Aviation and Bombardier Learjet.

This story was originally published September 13, 2017 at 11:10 AM with the headline "August’s business aircraft activity highest since May 2008."