Avinode’s Business Jet Charter Market Forecast is predicting the recovery of the U.S. market to continue in 2015, with a 3.5% increase in flights over 2014. All U.S. regions will see charter market growth next year, it predicts. The South will be strongest, with an increase in flight numbers of 4%, closely followed by the West, where volumes will grow by 3.6%. The Northeast will see a 3.3% increase in activity, while the Midwest will record growth of 2.5%.

Avinode Group CEO Niklas Berg says, “This year, the U.S. charter market has performed extraordinarily well, demonstrating its strongest figures since the financial crisis of 2008.... This trend will continue in 2015, when we are predicting growth of 3.5%.”

In Europe, Berg says that, “After six years of decline, we expect the market to finally move back into the black in 2015, with a 1.6% increase in flights. This aggregate figure reflects a clear divide between improving conditions in the north and challenges in the south, plus ongoing uncertainty caused by geopolitical issues between Russia and the Ukraine. While we expect the European market to improve next year, the region will take longer than the U.S. to return to pre-recession levels.” Booth 2279.