A monthly overview of the most interesting business aviation insights – February 2024
March is nearing its end, spring is in full bloom and we’re here with the newest installment of our monthly blog series, Stats from Above. In this blog series, we zoom in on some of the most intriguing statistics from the world of business aviation including popular destinations, busiest routes, and airports, as well as the most used types of jets. In this month’s edition of our blog, we’ll be focusing on the stats from February. If you haven’t read the previous installment, you might want to read up on the Stats From Above from January.
Let’s dive in and look at the stats provided by our partners from the EBAA. In February there were 1,356 active airports in Europe responsible for 49,388 arriving flights. 4,218 active aircrafts cruised the skies in the second month of the year. As with the previous month, Turboprops remain the clear leader accounting for 12,729 departing flights, Light Jets came in second with 8,570 departing flights, and the Super Light Jetsclose up the top three with 6,545 departing flights.
As we’ve seen over the past months the popularity of domestic flights remains at an all-time high. Nothing reflects that fact more than looking at the top country flows. All of the first eight spots were domestic flights with the first three - France, the United Kingdom, and Germany – all surpassing the 2,000 flights mark.
When it comes to our favorite segment, of busiest airports by the number of arriving flights, this month there has been just a tiny reshuffle on the list. While Paris Le Bourget and Geneva Cointrin Airport have maintained their first (1,896) and second (1,222) places this month, Zurich has lost out and been replaced by the Farnborough Airport located in London (1,037 flights)
While in January the third place was occupied by Zurich Kloten International Airport, in February the Swiss airport was dethroned by Farnborough, located in the British capital. And that was for good reason since London saw a bevy of major events taking place in February, ranging from business and entertainment to sports.
One of the major events hosted by the capital was the London Fashion Week which took place at different venues across the city. You could expect the crème de la crème of the fashion scene to be present ranging from designers and elite models to celebrities. Speaking of celebrities, the world’s premiere movie stars flocked to London to attend the BAFTA Film Awards either as nominees or spectators. And let’s not leave out the sports aficionados who came to watch Liverpool FC and Chelsea FC face off at the Carabao Cup Final.
February’s jet of the Month is the Embraer Legacy 600, produced by Brazilian aerospace manufacturer, Embraer S.A. The super midsize jet based on the ERJ-135 model started out its journey at the 2000 Farnborough Airshow, where it was launched under the name Legacy 2000.
Depending on how the aircraft is configured, the super midsize private jet can carry between eight and up to thirteen passengers. But it doesn’t compromise on any comfort for the passengers no matter the configuration. The Legacy 600 is powered by a pair of Rolls-Royce AE 3007A1E turbofan engines that are positioned at the rear of the aircraft and can produce a maximum speed of 459 knots or a cruising speed of 447 knots. As for the range, the super midsize jet can carry you 3091 nautical miles or 5725 kilometers. To put it into perspective you could fly the jet from Europe to North America without breaking a sweat.
When it comes to the interior of the Legacy 600, the jet has been thoughtfully divided into three zones so that up to thirteen passengers can sit comfortably. Common configurations include two pairs of club seating up front, next comes combined club seating with a conference table in the middle, in the third part of the cabin you will usually find two seats on one side and a sofa on the other for a touch of coziness. Additionally, all seats tend to fully recline allowing passengers to sleep comfortably over long journeys.
So how much does an Embraer Legacy 600 cost? Well, as is usually the case the final price of the private jet will depend on several variables – the cabin configuration, the amenities on board, the age of the pre-owned private jet, how well it was maintained, etc. Taking all of these things into consideration, the average price of a pre-owned Legacy 600 can move around US$9 to US$10 million. The Legacy 600 provides amazing value for its price and is highly coveted due to the comfort it provides its passengers, so it should come as no surprise that on average it doesn’t spend more than 6 months on the market once it is advertised.
If you’re looking to buy an Embraer Legacy 600, but are unsure where to start we’d be happy to assist you on your jet-buying journey, so, don’t hesitate to contact us.
A monthly overview of the most interesting business aviation insights – August 2024
Private jets come with a long list of luxury perks. Which ones are the most sought after?
A monthly overview of the most interesting business aviation insights – July 2024