September 6th Location: Hamburg

According to WINGX`s latest monthly Business Aviation Monitor

83,230 business aviation departures in Europe this month, 8% down on July’s peak, but the busiest August in the last decade, and up by 2.4% compared to Aug-17. The growth came mainly from Business Jets, 65% of all activity and up by 4% YOY.

Busiest market France was down by 3% YOY, also a sizeable 4% decline in Spain, with offsetting growth coming from Italy, up 4%, UK up 6% and flights from Germany up by 9%. YTD-18, all top 6 markets are up compared to 2017, France by least, Germany by most.

Among the smaller markets, there was double digit YOY growth in Netherlands, Portugal, Finland, and a 75% increase in business aviation flights from Montenegro. YTD, Greece has the strongest rebound this year, flights up by 10% vs the first 8 months of last year.

Business aviation demand in France continued to decline for Large Jets, and Spain saw a 12% retreat in YOY flights in this Segment. The UK added the largest number of additional Large Jet flights this month. In Small and Midsize activity, Germany was up by 11%.

Domestic European flights were up 2.5% this month, in line with YTD trend of 3%, but with considerable regional variance, intra-France flights down by 6%, but flights from France to UK, Italy and Germany up respectively by 6%, 9% and 12%. Germany and Netherlands both had >10% growth in Charter/AOC activity this month, and only Spain, France and Sweden saw declines in commercial flights in Aug-18. Private flights were up by most in UK and Germany, falling almost 20% in Russia.

Two business jet segments stood out this month, with Super Midsize activity up by 22% YOY, and Very Light Jet sectors falling by 15%. There were 2,400 Citation Latitude departures, up by 35%, in contrast, 6% fewer Phenom 100 and 20% fewer Mustang sectors. Weakest long-term trends are in Midsize business jets, flights down by 8% in L12M. Last 12-month trends for the Light Jet segment are up 9%. Short Light Jet sectors were up 11% this month. Band D (11-15t) aircraft Charters were up 15% this month. Nice was the busiest airport this month, although activity fell 4.6% YOY. Activity at Luton, Ibiza and Athens was down by close to 10%. Strong monthly growth continues at Farnborough, Biggin Hill, also Munich, Bodrum and Ataturk airports up this month.

WINGX
WINGX ADVANCE GMBH

CONVENTSTR. 8-10 | BUILDING A | 22089 HAMBURG | GERMANY PHONE +49-40-32 84 69 78 | E-MAIL OFFICE@WINGX-ADVANCE.DE FOLLOW US ON TWITTER @wingxbizav

WWW.WINGX-ADVANCE.COM

Page | 2

Richard Koe, Managing Director of WINGX Advance, comments:

“August showed a continuation of the now-familiar pattern for European business aviation activity: growing demand for Charter flights but flat trend in Private activity; surge in Super Midsize jet activity, reflecting the increasing entry of Citation Latitude jets; strong growth in Light Jet activity, particularly Phenom 300; strong growth at business aviation specialist airports, like Farnborough and Biggin Hill. There are also some signs of weaker activity, notably a big slowdown in Very Light Jets, and less activity at larger airports like Luton, Ciampino and Munich.”

About WINGX

WINGX is a data research and consulting company which provides actionable market intelligence to the business aviation industry. WINGX services include: Market Insight Reports, Online Dashboards, Customised Research, Strategic Consulting, Market Forecasts and Surveys. WINGX customers include aircraft operators, airframe, engine and avionics OEMs, airlines, maintenance providers, airports, fixed based operators, Satcom providers, fuel providers, legal advisors, leasing companies, banks, regulators, investors and private jet users.