ARGUS Releases March Business Aircraft Activity

Cincinnati, Ohio, April 9, 2014 ARGUS TRAQPak data is serial-number specific aircraft arrival and departure information on all IFR flights in the US (including Alaska and Hawaii) and Canada. The tables below reflect business aircraft activity data for March 1-31, 2014 vs. February 1-28, 2014 and March 1-31, 2014 vs. March 1-31, 2013 respectively. A copy of this report and previous reports can be found at www.argus.aero/traqpak_monthlyreport March 2014 flight activity continues positive trend with a rise of 1.1% over March 2013. Reviewing March flight activity month over month, flights increased from February to finish the period up 11.4% overall. All operational categories were up from the previous month with fractional flight activity posting the biggest monthly increase, up 17.1%. Part 135 & Part 91 flight activity posted increases of 10.7% & 10.4% respectively. Aircraft category results were also up with turboprops posting the largest monthly increase, up 12.0% from February. Small, mid-size and large cabin aircraft posted increases of 11.0%, 11.9% and 9.7% in that order. The largest single month over month increase occurred in the fractional turboprop market which finished the month up 29.0%. Reviewing flight activity year over year (March 2014 vs. March 2013); TRAQPak data indicates that March 2014 posted an increase of 1.1%; (TRAQPak analysts estimated a rise of 0.9%). The results by operational category showed an increase in the Part 135 segment, up 4.9% year over year. The Part 91 market finished the period flat from March 2013, while the fractional market finished the period down 3.1%. Flight activity by aircraft category also followed the recent trend with large cabin activity posting a 10.4% increase from March 2013. Mid-size & small cabin aircraft finished the period up 1.4% & 3.3% in that order. The turboprop industry posted a year over year decrease of 4.4%. The largest growth for an individual segment occurred in the small cabin fractional market, with an increase of 23.9%; this marks the 3 rd month in a row that this segment has seen the largest growth year over year. Looking ahead to next month…TRAQPak analysts estimate there will be a 0.4% rise in overall flight activity in April 2014. Business Aircraft Activity March 2014 vs. February 2014 Part 91 Part 135 Fractional ALL Turbo Prop 12.3% 10.2% 29.0% 12.0% Small Cabin Jet 10.9% 8.9% 18.6% 11.0% Mid-Size Cabin Jet 8.4% 13.5% 15.7% 11.9% Large Cabin Jet 8.4% 9.8% 15.6% 9.7% All Aircraft Combined 10.4% 10.7% 17.1% 11.4% Source TRAQPak (c) 2013 ARGUS International, Inc. +1 513.852.1010 Business Aircraft Activity March 2014 vs. March 2013 Part 91 Part 135 Fractional ALL Turbo Prop -4.6% 5.5% -52.7% -4.4% Small Cabin Jet 0.0% 3.0% 23.9% 3.3% Mid-Size Cabin Jet 0.9% 4.2% -1.1% 1.4% Large Cabin Jet 10.8% 9.0% 11.5% 10.4% All Aircraft Combined 0.0% 4.9% -3.1% 1.1% Source TRAQPak (c) 2013 ARGUS International, Inc. +1 513.852.1010 TRAQPak Aircraft Categories Turbo Prop Single Engine Turboprop Aircraft and Multi-Engine Turboprop Aircraft Small Cabin Jet Very Light Jets (VLJ) and Light Jets (LJ)-Jet aircraft with a maximum takeoff weight of less than 20,000 lbs. Mid-Size Cabin Jet Mid-size Jets (MJ) and Super Mid-size Jets (SMJ) – Jet aircraft with maximum takeoff weight of over 20,000 to 41,0