A monthly overview of the most interesting business aviation insights – January 2024
The second month of 2024 is nearing its end, and some of us are thinking about spring. However, when it comes to our monthly blog series, Stats from Above, we’re still focusing on the snowy beginning of this year. 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. For this edition of the blog, we’ll be looking at how the private aviation industry tackled the start of the year by zooming in on the stats from the first month of 2024, January. If you want to catch up with the previous stats, then we suggest you check out our Stats From Above from December.
Usually, we start the Stats from Above segment of the blog by comparing the numbers provided by our partners from the EBAA, with the previous month. However, since we’ll be looking at the first stats from 2024, let’s start of fresh and look at the stats from January 2024 with fresh eyes. In January there were 1,386 active airports in Europe accounting for 46,693 arrival flights. 4,252 active aircrafts took to the skies in the first month of 2024. The three most active aircraft categories were Turboprops, Light Jets, and Super Light Jets. Turboprops accounted for 12,006 of departing flights, Light Jets came in second with 8,092 and Super Light Jets came in last with 6,128.
When it comes to the busiest airports and routes, we’ve grown accustomed to the fact that some things have become evergreen, such as the popularity of domestic flights when it comes to country flows. Out of the first ten country flows, eight were domestic flights. France, the United Kingdom, and Germany took the first three places as usual. However, an interesting statistic worth mentioning is that almost all of the eight country flows (except Turkey) surpassed 1,000 flights.
Let’s move on to one of our favorite segments, which focuses on the busiest airports by the number of arriving flights. While Paris Le Bourget remains steadfastly in first place with 1,854 arriving flights, the second and third place are dominated by the Swiss duo of Geneva Cointrin Airport (1,310 flights) and Zurich Kloten International Airport (1,121 arrivals).
You might be wondering why the pair of Swiss airports was so overwhelmingly busy during the first month of the year. Well to answer your query, Switzerland hosted two major events in January. The first was the World Economic Forum in Davos, which was attended by world leaders, heads of state, prominent politicians, and tech CEOs as well as various A-listers from the music industry.
Meanwhile, the second event was the 39th Snow Polo World Cup hosted by Saint Moritz. So, you can imagine that jets were busy landing and taking off in quite a heavy rotation at both airports.
January’s Jet of the Month is the Embraer Phenom 100. The jet is produced by Embraer S.A. a Brazilian aerospace manufacturer. The very light business jet has been in production since around 2006, and it has been produced in several variations including the Phenom 100, the Phenom 100E, the Phenom 100EV Evolution, and the 100EX.
The very light business jet can seat four to five passengers depending on the individual configuration of the aircraft. And while the jet may be on the smaller side it can get its passengers to their destination in relative comfort. The Phenom 100 and its different variants are powered by a pair of Pratt & Whitney Canada PW617-F turbofan engines that are located at the rear of the aircraft will allow you to reach a maximum range of 1695 kilometers or 915 nautical miles and a cruising speed of 390 knots.
When it comes to the interior of the Phenom 100, the jet usually seats four passengers sitting in a club formation opposite each other, in plush seats that provide a very comfortable experience. Depending on the configuration the cabin can come equipped with a refreshment center or it can be substituted for a fifth seat to fit another passenger. The Phenom 100 and its 100E and 100EV variations belong among the most coveted very light jets since they provide great value for their price. This brings us to the question of how much are you expected to pay for an Embraer 100 if you’re in the market for one.
The final price depends on several factors, including the configuration of the cabin, the amenities it provides, how old the private jet is if you’re purchasing a pre-owned model, and of course how well it was maintained and whether it was enrolled in an engine maintenance program. An Embraer Phenom 100 can command a price of around US$ 2 million while a 100E model can cost upwards of US$3 million. As for the 100EV variant, those can easily go for prices upwards of US$4 million. All three variants tend to be quite popular with buyers and on average are usually gone within 100 or 150 days on the market. So, if you’re in the market for one, we’d suggest acting quickly.
If you’d like to purchase an Embraer Phenom 100, 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.
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