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Gama Aviation research reveals European business aircraft growing in size

According to an analysis of JetNet data conducted by Citigate Dewe Rogerson on behalf of Gama Aviation in April 2015, the European business aviation fleet comprises 4,376 aircraft, accounting for 9.3% of global business aircraft.

The data also shows that the average size of aircraft based in Europe is growing. Of the 830 aircraft delivered between 2010 and 2014, 475 (57%) are medium, heavy or airliner jets. This compares with a figure of 41% for the existing European fleet, and 31% globally.

The countries taking delivery of the greatest number of bigger jets between 2010 and 2014 are Germany (68 medium, heavy or airliner jets) and the UK (65), which between them account for 28% of this type of aircraft being added to the European fleet.

However, other nations have seen a greater proportional increase. Indeed, more than 79% of deliveries to Austria over the last five years have been medium, heavy or larger jets, while the equivalent figure for Spain is 69%. Portugal and Italy have both seen these bigger aircraft account for 63% of deliveries over the same time period.

“The business aviation market in Europe is well-established and over recent years we have seen a significant increase in the number of clients switching to larger aircraft,” said Marwan Khalek, CEO of Gama Aviation.

“They have proved the case for business aviation with smaller aircraft and are now extending the range of missions they can undertake by opting for larger cabin sizes.

“We are seeing a lot of clients operating at the larger end of the market as they carry out longer range missions. Our scale and global coverage allows us to provide them with the certainty and security of an end-to-end service, offering them a consistently high level of support.”

With 830 business aircraft being delivered to Europe between 2010 and 2014, the result is that 19% of the European fleet is less than five years old. The global average is 12.4%.

May 29, 2015

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