37
JETSUPPORT.COM Q2 2021 Business Aviation Index

Business Aviation Index - jetsupport.com

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Business Aviation Index - jetsupport.com

JETSUPPORT.COMQ2 2021

Business Aviation

Index

Page 2: Business Aviation Index - jetsupport.com

Intr

oduc

tion

Abo

utFor 30 years, Jet Support Services, Inc. (JSSI), has been the leading independent provider of maintenance programs to the business aviation industry, covering virtually all makes and models of business aircraft, engines, and APUs.

JSSI provides customers with comprehensive, flexible and affordable financial programs and tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine powered aircraft, including business and commercial jets, turboprops and helicopters. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors.

JSSI has always been deeply committed to providing clients and the industry with the highest standard of service and excellence. The JSSI team adds further value by developing the most innovative products and services and expanding into new markets. JSSI publishes a quarterly Business Aviation Index to track flight hours and financial performance of business and commercial aircraft by region, industry and cabin type.

Flight hour activity provides powerful and unique insights into the state of the global economy. The information provided in this report could include technical or other mistakes or inaccuracies. JSSI makes no representations regarding the quality, accuracy, completeness or suitability of the materials on this or any other report, and disclaims any duty to keep this information current or accurate.

Q2 2021 BUSINESS AVIATION INDEX

The JSSI Business Aviation Index tracks and reports on the global flight activity and utilization of approximately 2,000 business aircraft, including jets, turboprops and helicopters. The report calculates the average flight hours flown per aircraft on a monthly basis and organizes this data into several key categories.

The JSSI Business Aviation Index is broken into four primary categories: Industry, Aircraft Type, Geographical Region and Aircraft Age. The data presented in this report is subject to the core variables in our business.

These variables include, but are not limited to: accurate and timely flight hour reporting; customer addition and attrition; fleet demographic changes, such as fleet size or aircraft class; and any geopolitical events that may inhibit timely or accurate data collection.

If you would like to discuss any of the data points or results in more detail, or would like to use this data in your reports, please contact:

Tom Morton Communications Manager [email protected]

Media InquiriesChiara Lawrance / Ali Gibson / Daniel Wiggins8020 Communications+44 (0) 1483 [email protected]

| 1

MarieHackert
Sticky Note
Completed set by MarieHackert
MarieHackert
Sticky Note
Completed set by MarieHackert
MarieHackert
Sticky Note
Completed set by MarieHackert
Page 3: Business Aviation Index - jetsupport.com

Con

tent

s

04

10

20

28

30

32

Overall

Industry

Region

Aircraft Type

Aircraft Age

Operator Type

Q2 2021 BUSINESS AVIATION INDEX

| 2| 2

Page 4: Business Aviation Index - jetsupport.com

Q1 2

021

R

esul

ts

Q2 2021 BUSINESS AVIATION INDEX

MoM 5.6%May-June

YoY 140.9%

YTD 44.8%

QoQ 22.8%

Month-over-month (MoM)

Refers to the change in average flight hours as a percentage of the previous month's value.

Quarter-over-quarter (QoQ)

Compares average flight hours in the current quarter to the previous quarter.

Year-over-year (YoY)

Compares average flight hours for the quarter with the same quarter in the previous year.

Year-to-date (YTD)

Refers to the change in average flight hours beginning the first day of the current calendar year up to the current date in comparison to the same time period in the previous year.

| 3| 3

MarieHackert
Sticky Note
Completed set by MarieHackert
MarieHackert
Sticky Note
Completed set by MarieHackert
Page 5: Business Aviation Index - jetsupport.com

15

20

25

30

35

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

26.126.7

29.5

11.1

26.7

20.6

24.5

20.2

29.0

25.7

26.9

24.7

28.1

26.4

27.626.9

27.4

28.9 28.9

22.2

26.7 26.727.6 27.3

28.127.2 27.0

28.7

26.025.4

26.1

21.8

27.6

24.8

AVERAGE FLIGHT HOURS

Q2 2021 BUSINESS AVIATION INDEX

MoM 5.6% YoY 140.9% YTD 44.8%QoQ 22.8%

| 4

Page 6: Business Aviation Index - jetsupport.com

-50%

0%

50%

100%

150%

Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21

2.88%

-0.36% -0.90%

1.19% 1.71%

-0.11%

4.35%

-0.26% -2.18%

1.54%

-0.65%

1.48%

-2.42%

3.57%

-0.39%

0.22%

-2.23%

0.42%

-1.45%

2.49% 0.39%

-0.64%-7.84%

6.51% 4.36% 5.07% 5.63%2.2% 2.8%

-3.6%

7.4%1.8%

-3.0%

4.5% 3.1% 0.3%6.8% 4.6%

-14.6%

6.1%1.5%

-3.8% -2.6%

2.3%

-49.9%

85.8%

-2.2%

22.8%

4.2%

-10.0% -11.6%-2.2%

-57.5%

-22.7%

-1.8%

140.9%

-34.5%-27.6%

44.8%

AVERAGEFLIGHT HOURSMoM 5.6% QoQ 22.8% YoY 140.9% YTD 44.8%

Q2 2021 BUSINESS AVIATION INDEX

MoM% QoQ% YoY% YTD%| 5

Page 7: Business Aviation Index - jetsupport.com

MoM 5.6%

FLIGHT HOUR ACTIVITY MoM

YoY 140.9% YTD 44.8%

-10%

-5%

0%

5%

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

2.9%

-0.4% -0.2%-0.9%

1.2%1.7%

-0.1%

-3.0%

4.3%

-0.3% -0.1%

-2.2%

1.5%

-0.7%

1.5%

-2.4%

3.6%

-0.4%

0.2%

-2.2%-1.6%

0.4%

-1.4% -1.2%

2.5%

0.4%

-0.6%

-1.6%

-7.8%

-9.3%

6.5%

4.4%5.1%

5.6%

QoQ 22.8%

Q2 2021 BUSINESS AVIATION INDEX

YoY YTDMoM QoQ

| 6

Page 8: Business Aviation Index - jetsupport.com

MoM 5.6% QoQ 22.8% YoY 140.9%

-40%

-20%

0%

20%

40%

60%

80%

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

-1.5%

2.2% 2.8%

-2.7% -3.6%

7.4%1.8%

-3.0% -1.3%

4.5% 3.1%

-6.1%-1.1%

0.3%6.8%

-4.5%

0.2%4.6% 2.2%

-2.7%

-14.6%

6.1%1.5%

-3.8% -2.6%

5.4%2.3%

-6.8%-10.8%

-49.9%

85.8%

-2.2%

8.0%

22.8%

YTD 44.8%

Q2 2021 BUSINESS AVIATION INDEX

MoM QoQ YoY YTD

FLIGHT HOUR ACTIVITY QoQ

| 7

Page 9: Business Aviation Index - jetsupport.com

MoM 5.6% QoQ 22.8% YoY 140.9%

-50%

0%

50%

100%

150%

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

-0.2% -2.6%

1.3% 0.7%

-1.4%

3.6% 2.6% 2.3% 4.8% 1.9% 3.2%

-0.2% 0.0% -4.0% -0.5%

1.2% 2.6%7.0%

2.3% 4.2%

-11.2% -10.6%

0.9% 0.2% 1.0%

-2.2%-10.5%

-57.5%

-22.7%

-1.8%

140.9%

YTD 44.8%

Q2 2021 BUSINESS AVIATION INDEX

MoM QoQ YoY YTD

FLIGHT HOUR ACTIVITY YoY

| 8

Page 10: Business Aviation Index - jetsupport.com

MoM 5.6% QoQ 22.8% YoY 140.9%

-30%

-20%

-10%

0%

10%

20%

30%

40%

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

-0.2% -1.4% -0.5% -0.2% -1.4%

1.1% 1.6% 1.8%4.8% 3.3% 3.3% 2.4%

0.0%-2.1% -1.5% -0.8%

2.6%4.8% 3.9% 4.0%

-11.2% -10.6%

0.9% 0.5% 0.7%

0.0%

-10.5%

-34.5%-30.4%

-27.6%

-1.8%

44.8%

YTD 44.8%

Q2 2021 BUSINESS AVIATION INDEX

MoM QoQ YoY YTD

FLIGHT HOUR ACTIVITY YTD

| 9

Page 11: Business Aviation Index - jetsupport.com

Companies in this industry include those witha primary purpose to generate revenue throughprivate charter or aviation-related servicesIt also includes companies with a core focus inaviation manufacturing, design or development.

Companies in this industry include marketingand advertising, consulting, legal services, logisticsand shipping, human resources, staffing, leasing,security, outsourcing, and facility management.

Companies in this industry include residentialand commercial construction, bridge androadway construction, excavations, demolitions,and large-scale services supporting theconstruction industry.

Companies that relate to items purchased byindividuals and includes companies involvedwith food production, packaged goods, clothing,beverages, automobiles and electronics.

Companies that engage in the mechanical, physical,or chemical transformation of materials, substances,or components that support the production of afinal product.

Companies that manage money, such as creditunions, banks, credit-card companies, insurancecompanies, accountancy companies, consumerfinancecompanies, stock brokerages, and investment funds.

Companies that provide goods and servicesthat are used to treat patients, including hospitals,pharmaceutical companies, rehabilitationcompanies, or other service providers directlyrelated to the medical system.

Companies that produce coal, oil, natural gas orelectricity, as well as other service providers directlyrelated to the creation or development of powerand energy.

Companies that consist of land and buildingownership and companies involved in the buying,selling, or leasing of retail or personal properties.

Aviation

Business Services

Construction

Consumer Goods

Financial Services

Healthcare

Manufacturing

Power and Energy

Real Estate

MoM 6.17 %QoQ 21.69 %YoY 147.85 %YTD 48.46 %

MoM 9.17 %QoQ 38.06 %YoY 124.89 %YTD 26.67 %

MoM 4.50 %QoQ 11.72 %YoY 99.29 %YTD 43.21 %

MoM 3.39 %QoQ 15.73 %YoY 124.63 %YTD 47.82 %

MoM 4.27 %QoQ 16.32 %YoY 183.72 %YTD 52.32 %

MoM 2.62 %QoQ 29.19 %YoY 66.95 %YTD 29.68 %

MoM 7.63 %QoQ 49.05 %YoY 259.22 %YTD 69.18 %

MoM 13.64 %QoQ 35.75 %YoY 110.20 %YTD 29.99 %

MoM -4.52 %QoQ 0.94 %YoY 120.93 %YTD 44.13 %

Q2 2021 BUSINESS AVIATION INDEX

FLIGHT HOUR ACTIVITY BY INDUSTRY

| 10

Page 12: Business Aviation Index - jetsupport.com

10

15

20

25

30

35

40

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

38.2

33.7

13.6

33.0

26.126.7

37.2

25.5

30.9

33.1

27.7

32.8

35.6

31.8

30.2

33.2

30.7

33.5

28.5

34.5

27.3

29.530.4 30.3

32.331.4

29.6

34.2

32.1

34.5

27.528.0

30.6

28.828.2

29.6

31.2

33.7

35.6

30.931.6

27.7

35.1

29.2

32.3

29.9

Description

Companies in this industry include those with a primarypurpose to generate revenue through private charter oraviation-related services. It also includes companies with a corefocus in aviation manufacturing, design or development.

AVIATIONMoM 6.2%= QoQ 21.7%= YoY 147.9%=YTD 48.5%

Q2 2021 BUSINESS AVIATION INDEX

| 11

Page 13: Business Aviation Index - jetsupport.com

BUSINESS SERVICES

10

15

20

25

30

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

31.9

21.5

9.6

22.022.5

18.2

28.4

18.4

23.3

28.0

15.6

24.0

27.9

23.7

21.7

26.1

22.0

26.6

24.423.7

22.2

19.6

24.825.024.6

25.9 25.9

27.7

26.5

19.6

24.4

22.7

25.526.1

25.3

22.3

27.2

25.3

20.2

16.5

26.2

28.1

24.2

20.7

27.3

Description

Companies in this industry include marketing and advertising,consulting, legal services, logistics and shipping, humanresources, staffing, leasing, security, outsourcing, and facilitymanagement.QoQ 38.1% YoY 124.9%MoM 9.2% YTD 26.7%

Q2 2021 BUSINESS AVIATION INDEX

| 12

Page 14: Business Aviation Index - jetsupport.com

10

15

20

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

22.3

16.7

23.5

8.4

15.2

23.0

21.3

16.1

14.7

23.0

18.218.3

17.117.7

20.5

18.9

19.819.820.4

17.9

15.7

13.8

21.3

14.2

19.3

20.6

16.4

21.2

18.8

22.1

19.2

15.1

19.4

20.420.7 20.6

18.8

21.6

18.7

16.0

13.8

15.0

21.7

16.9

22.6

21.7

Description

Companies in this industry include residential and commercialconstruction, bridge and roadway construction, excavations,demolitions, and large-scale services supporting theconstruction industry.

CONSTRUCTIONMoM 4.5%= QoQ 11.7%= YoY 99.3%= YTD 43.2%

Q2 2021 BUSINESS AVIATION INDEX

| 13

Page 15: Business Aviation Index - jetsupport.com

5

10

15

20

25

30

35

40

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

30.7

18.8

35.4

8.4

21.4

32.2

25.3

30.3

23.4

27.1

24.5

26.728.2

27.5

32.3

22.0

28.5

31.1

18.4

25.3

31.532.3

28.9

27.2

30.3

21.3

23.1

30.2

20.0 20.1

27.8

17.7

14.7

30.5

25.8 25.4

27.4

29.628.2

29.2

18.9

15.216.2

24.4

Description

Companies that relate to items purchased by individuals andincludes companies involved with food production, packagedgoods, clothing, beverages, automobiles and electronics.

CONSUMER GOODSMoM 3.4% QoQ 15.7% YoY 124.6% YTD 47.8%

Q2 2021 BUSINESS AVIATION INDEX

| 14

Page 16: Business Aviation Index - jetsupport.com

5

10

15

20

25

30

35

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

29.6

20.1

31.6

7.1

22.022.8

23.5

30.1

27.5

23.8

28.8

24.7

26.4

24.0

27.0

20.7

23.823.0

26.225.5

26.1

24.525.0

20.3

23.923.3 23.5

19.7

24.4

22.6

13.9

29.2

27.3

25.6 26.024.8

17.5

30.2

23.5

17.3

Description

Companies that manage money, such as credit unions, banks,credit-card companies, insurance companies, accountancycompanies, consumerfinance companies, stock brokerages, andinvestment funds.

FINANCIAL SERVICESMoM 4.3% QoQ 16.3% YoY 183.7% YTD 52.3%

Q2 2021 BUSINESS AVIATION INDEX

| 15

Page 17: Business Aviation Index - jetsupport.com

20

25

30

35

40

45

50

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

44.9

34.3

46.3

20.6

26.5

31.3

39.0

35.2

28.4

35.7

30.1 29.6

38.9

28.4

32.7

26.6

28.2

26.4

30.8

34.834.2

39.2

36.8

35.3

33.032.2

34.9

32.3

30.530.8

32.833.8

29.9

34.2

31.6

27.4

31.2

36.4

26.1

34.7

30.9

Description

Companies that provide goods and services that are used totreat patients, including hospitals, pharmaceutical companies,rehabilitation companies, or other service providers directlyrelated to the medical system.

HEALTHCAREMoM 2.6% QoQ 29.2% YoY 66.9% YTD 29.7%

Q2 2021 BUSINESS AVIATION INDEX

| 16

Page 18: Business Aviation Index - jetsupport.com

5

10

15

20

25

30

35

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

29.2

22.1

30.5

6.1

22.5

15.9

13.8

23.0

21.5

26.3

20.0

22.6

25.3

22.2

27.6

19.1

24.1

27.0

20.7

24.123.4

17.9

28.7

17.4

21.922.7

23.623.822.7

21.2

24.0

22.222.521.6

15.1

23.9

22.5

19.9

14.8

27.5

19.6

Description

Companies that engage in the mechanical, physical, or chemicaltransformation of materials, substances, or components thatsupport the production of a final product.

MANUACTURINGMoM 7.6% QoQ 49.1% YoY 259.2% YTD 69.2%

Q2 2021 BUSINESS AVIATION INDEX

| 17

Page 19: Business Aviation Index - jetsupport.com

10

15

20

25

30

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

28.6

20.0

31.8

9.5

23.4

22.2

29.9

23.4

18.8

23.4

18.5

22.5

19.0

27.528.2

23.6

27.6

14.515.3

24.9

23.0

26.1

23.9

20.3

21.9

28.2

20.421.2

26.7

24.6 25.1

20.5

27.2

24.324.525.4

19.5

17.3

27.6

30.0

22.6

Description

Companies that produce coal, oil, natural gas or electricity, aswell as other service providers directly related to the creation ordevelopment of power and energy.

POWER AND ENERGYMoM 13.6% QoQ 35.7% YoY 110.2% YTD 30.0%

Q2 2021 BUSINESS AVIATION INDEX

| 18

Page 20: Business Aviation Index - jetsupport.com

5

10

15

20

25

30

35

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

28.2

14.7

30.4

6.6

20.7

17.2

27.2

18.3

25.4

22.0

24.8

20.821.0

23.323.2

17.0

14.3

24.7

18.1

23.1

18.8

22.2 22.622.9

17.0

15.5

24.1

22.622.9

15.9

13.1

19.4

24.1

26.3

24.5

22.5

19.8

26.2

21.9

13.5

24.4

20.3

16.4

Description

Companies that consist of land and building ownership andcompanies involved in the buying, selling, or leasing of retail orpersonal properties.

REAL ESTATEMoM -4.5% QoQ 0.9% YoY 120.9% YTD 44.1%

Q2 2021 BUSINESS AVIATION INDEX

| 19

Page 21: Business Aviation Index - jetsupport.com

MoM 3.14 %QoQ 23.41 %YoY 137.02 %YTD 49.36 %

Eastern, Western,Northern and Southernregions of Europe

Iran, Asia Minor,Mesopotamia, the Levantand the Arabian Peninsula

All sub-regions of the African continent, including the Northern, Southern, Eastern and Western sub-regions andsurrounding islands of the continent

All of the ASEAN countries, East Asia, the Pacific Islands,and the SAARC countries

United States of America,Canada and surroundingislands and territories

North America

MoM 15.54 %QoQ 34.88 %YoY 129.70 %YTD 30.35 %

MoM -9.88 %QoQ -2.92 %YoY 256.16 %YTD 92.09 %

MoM 6.13 %QoQ 10.05 %YoY 179.72 %YTD 53.73 %

MoM 10.12 %QoQ -3.89 %YoY 237.43 %YTD 44.49 %

MoM 6.45 %QoQ 8.02 %YoY 75.39 %YTD 16.72 %

MoM 0.70 %QoQ 6.15 %YoY 65.01 %YTD 9.26 %

Europe

Middle East

Asia-Pacific

South America

Venezuela, Colombia, Ecuador, Peru, Bolivia, Paraguay, Brazil, Argentina, Chile, Uruguay and surrounding islands

Africa

Q2 2021 BUSINESS AVIATION INDEX

Mexico & Central AmericaBelize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Mexico

FLIGHT HOUR ACTIVITY BY REGION

| 20

Page 22: Business Aviation Index - jetsupport.com

10

20

30

40

50

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

46

23

51

7

4443

39

23

39

46

29

26

31

28

51

38

35

29

40

34

43

46

3432

49

39

45

3436

37

4141

44

37

3031

35

25

36

33

30

38

30

16

24

41

36

48

4442

34

29

37

35

Africa Asia-Pacific Europe Middle East North America South America

Description

All sub-regions of the African continent,including the Northern, Southern,Eastern and Western sub-regionsandsurrounding islands of the continent

AFRICAMoM 10.1% QoQ -3.9% YoY 237.4% YTD 44.5%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 21

Page 23: Business Aviation Index - jetsupport.com

10

20

30

40

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

42

13

8

22

25

17

20

31

20

23

2626

24

21

27

23

29

13

23

26

28

242425

2423

12

21

32

29

26

22 2223

19

36

23

30

2423

16

9

27

29

26

24

21

26

2321

23

20

37

29

Africa Asia-Pacific Europe Middle East North America South America

ASIA-PACIFICMoM 0.7% QoQ 6.2% YTD 9.3%

Description

All of the ASEAN countries, East Asia,the Pacific Islands, and the SAARCcountries

YoY 65.0%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 22

Page 24: Business Aviation Index - jetsupport.com

5

10

15

20

25

30

35

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

33.2

24.2

6.8

25.0

20.1 20.3

16.8

24.5

30.6

25.925.0

22.2

27.8

24.8

21.4

25.726.2

20.721.2

22.7

27.9

25.3

23.223.9

23.1

25.0

26.6

24.7

19.0

29.4

22.3

19.1

25.1

21.5

25.1 25.323.9 23.7

19.5 19.0

26.4

18.4

Africa Asia-Pacific Europe Middle East North America South America

YTD 92.1%

Q2 2021 BUSINESS AVIATION INDEX

Belize, Costa Rica, El Salvador,Guatemala, Honduras, Nicaragua,Panama and Mexico

MEXICO & CENTRAL AMERICAMoM -9.9%=QoQ -2.9%= YoY 256.2%

Mexico &Central America

| 23

Page 25: Business Aviation Index - jetsupport.com

15

20

25

30

35

40

45

50

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

35.4

39.4

45.1

17.1

44.6

35.6

24.6

39.8

35.336.1

29.9

43.8 44.4

36.1

25.3

29.2

44.3

36.8 36.9

40.0

32.933.8

35.0

25.1

28.4

30.5

28.4

33.2

27.0

32.0

41.2

34.7

27.726.9

29.1

30.729.6

32.631.1

36.2

40.842.2

40.4

42.8

37.9

42.2

37.6

26.2

37.037.9

Africa Asia-Pacific Europe Middle East North America South America

EUROPEMoM 15.5% QoQ 34.9% YoY 129.7%

Description

Eastern, Western, Northern andSouthern regions of Europe

YTD 30.4%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 24

Page 26: Business Aviation Index - jetsupport.com

MIDDLE EAST

10

20

30

40

50

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

41

20

48

11

32

37

24

19

32

30

3434

21

2526

35

22

24 252626

22

27

2928

31 31

2828

18

36

28 2830 30

22

34

2929

3129

29

3231

28

2523

21

39

30

26

29

25 25

Africa Asia-Pacific Europe Middle East North America South America

MoM 6.4% QoQ 8.0% YoY 75.4%

Description

Iran, Asia Minor, Mesopotamia, theLevant and the Arabian Peninsula

YTD 16.7%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 25

Page 27: Business Aviation Index - jetsupport.com

NORTH AMERICA

10

15

20

25

30

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

33.4

25.1

10.6

24.2

22.8

28.6

25.4

29.0

25.2

22.8

26.526.826.5

25.3

26.5 26.126.3

22.2

25.925.225.2

25.8

23.2

27.727.7

18.2

25.8

19.6

30.3

25.6

20.3

24.9

26.527.4

26.1

22.2

Africa Asia-Pacific Europe Middle East North America South America

MoM 3.1% QoQ 23.4% YoY 137.0%

Description

United States of America, Canada andsurrounding islands and territories

YTD 49.4%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 26

Page 28: Business Aviation Index - jetsupport.com

0

5

10

15

20

25

30

Q108

Q208

Q308

Q408

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Q114

Q214

Q314

Q414

Q115

Q215

Q315

Q415

Q116

Q216

Q316

Q416

Q117

Q217

Q317

Q417

Q118

Q218

Q318

Q418

Q119

Q219

Q319

Q419

Q120

Q220

Q320

Q420

Q121

Q221

29.4

15.9

5.7

17.6

26.3

13.8

20.1

18.3

20.7

23.2

18.7

16.217.3

18.7

20.520.6

24.0

19.3

16.0

18.9

16.617.8

17.017.8

17.1

14.914.0

21.8

15.3

22.7 22.3

19.1

14.914.0

13.1

19.518.6

17.416.7

Africa Asia-Pacific Europe Middle East North America South America

SOUTH AMERICAMoM 6.1% QoQ 10.1% YoY 179.7%

Description

Venezuela, Colombia, Ecuador, Peru,=Bolivia, Paraguay, Brazil, Argentina,=Chile, Uruguay and surrounding islands

YTD 53.7%

Q2 2021 BUSINESS AVIATION INDEX

Mexico &Central America

| 27

Page 29: Business Aviation Index - jetsupport.com

27.4%QoQ

54.8%YoY

22.6%YTD

FLIGHT HOUR ACTIVITYBY AIRCRAFT TYPE

20.1%QoQ

22.6%QoQ

27.1%QoQ

182.4%YoY

132.4%YoY

141.6%YoY

40.6%YTD

62.6%YTD

60.9%YTD

5.03%MoM

4.85%MoM

8.73%MoM

5.05%MoM

Q2 2021 BUSINESS AVIATION INDEX

Helicopter

This aircraft type leverages rotors to supply lift and can take off and land vertically. The aircraft’s attributes allow it to hover, fly forward and laterally, and operate in areas and regions where fixed-wing aircraft cannot

Large Cabin This aircraft type is classified as any aircraft with a maximum take-off weight of 38,000 pounds or greater.

Medium Cabin

This aircraft type is classified as any aircraft with a maximum take-off weight between 20,000–38,000 pounds.

Small Cabin

This aircraft type is classified as any aircraft with a maximum take-off weight below 20,000 pounds.

| 28

Page 30: Business Aviation Index - jetsupport.com

20

25

30

35

2008 2010 2012 2014 2016 2018 2020 2022

27.3

20.7

35.3

18.6

32.2

23.7

33.5

26.9

23.8

32.331.8

25.6

29.6

24.6

33.7

26.7

20.5

33.0

28.3

30.6

29.4

31.4 31.330.6

29.830.2

30.6 30.8

29.8

25.7

28.5

24.4 24.625.4

22.8

27.027.7

25.2

22.4

25.8

27.8

21.9

16.2

23.6

26.1

23.2 23.023.223.2

20.4

26.0

23.2

20.7

MoM 5.6% QoQ 23.3% YoY 145.9%

AVERAGE FLIGHT HOURS BY AIRCRAFT TYPE

YTD 49.2%

Q2 2021 BUSINESS AVIATION INDEX

Helicopter Large Cabin Medium Cabin Small Cabin

| 29

Page 31: Business Aviation Index - jetsupport.com

125.5%YoY

13.1%YTD

FLIGHT HOUR ACTIVITYBY AIRCRAFT AGE

17.4%QoQ

20.2%QoQ

23.6%QoQ

153.8%YoY

139.5%YoY

133.2%YoY

57.6%YTD

53.3%YTD

48.2%YTD

10.23%MoM

3.93%MoM

2.18%MoM

30.5%QoQ

6.07%MoM

Q2 2021 BUSINESS AVIATION INDEX

| 30

Page 32: Business Aviation Index - jetsupport.com

15

20

25

30

35

40

45

2008 2010 2012 2014 2016 2018 2020 2022

42.7

24.5

22.3

36.4

31.4

38.237.0

33.934.6

33.2

36.3

32.7

38.1

36.0

32.4 32.0

26.4

28.8

26.9 26.9

28.5

26.0

28.527.5

28.127.728.6

28.0

22.2

16.8

23.4

27.2

25.326.4

20.7

25.4

21.4

25.6

20.3

26.1

15.3

22.721.5

24.023.1

23.9

21.8

23.422.8

23.6

MoM 5.6% QoQ 22.8% YoY 140.9%

AVERAGE FLIGHT HOURS BY AIRCRAFT AGE

YTD 44.8%

Q2 2021 BUSINESS AVIATION INDEX

0 to 5 6 to 10 11 to 15 15+| 31

Page 33: Business Aviation Index - jetsupport.com

Description

FAR Part 91 operators follow regulations defined bythe U.S. Federal Aviation Administration (FAA) foroperation of aircraft. FAR Part 91 governs theoperation of non-commercial aircraft.

-50%

0%

50%

100%

150%

200%

250%

300%

Africa Asia-Pacific Central America Europe Middle East North America South America

12.02%

-1.63% -6.92%

7.20%

50.76%

3.35%12.80%

37.1%

244.0%

25.5%

325.1%

77.1%

281.7%

96.7%

269.0%

123.4%

184.7%

27.4% 22.2%

79.2%

14.3%

159.2%

34.6%51.8%

FLIGHT HOUR ACTIVITY BY REGION (PART 91)

YoY 130.5%QoQ 22.4%MoM 3.2%

Part 91 Part 135

YTD 36.9%

Q2 2021 BUSINESS AVIATION INDEX

MoM QoQ YoY YTD| 32

Page 34: Business Aviation Index - jetsupport.com

Description

FAR Part 135 operators follow regulations defined bythe U.S. Federal Aviation Administration (FAA) foroperation of aircraft. FAR Part 135 governs certaintypes of commercial aircraft, such as non-scheduledcharter and air-taxi operations.

-50%

0%

50%

100%

150%

200%

250%

Africa Asia-Pacific Central America Europe North America South America

12.41%6.34%

-20.42%

3.98% 2.74% 2.74%

17.8% 20.2%27.2% 21.8%

5.3%

112.7%

176.3%

206.7%195.4%

144.1%

238.8%

3.1%

31.1%

120.3%

56.3%65.5% 69.9%

FLIGHT HOUR ACTIVITY BY REGION (PART 135)

YoY 152.5%QoQ 18.5%MoM 1.5%

Part 91 Part 135

YTD 67.6%

Q2 2021 BUSINESS AVIATION INDEX

MoM QoQ YoY YTD| 33

Page 35: Business Aviation Index - jetsupport.com

AVERAGE FLIGHT HOURS BY FLIGHT PROFILE

10

15

20

25

30

35

40

2008 2010 2012 2014 2016 2018 2020 2022

26.7

16.1

12.4

25.6

21.9

18.5

23.622.3

18.3

24.024.3

22.5

25.0

23.3

37.2

34.2

24.0

34.1

28.1

30.7

32.9 32.832.2

29.9

32.8

28.6

30.6 31.1

MoM 2.5% QoQ 20.8% YoY 143.4% YTD 52.2%

Q2 2021 BUSINESS AVIATION INDEX

Part 91 Part 135 | 34

Page 36: Business Aviation Index - jetsupport.com

| 34

For more than 30 years, JSSI has been the leading independent provider of hourly cost maintenance programs to the business aviation industry. Every program delivers the JSSI Advantage to enhance residual value, stabilize maintenance budgets and deliver peace of mind to owners and operators of virtually every make and

model of turbine-powered aircraft. We are your independent maintenance advocate.

Discover a complete range of aircraft advisory services. From desktop and on-site appraisals by our team of ASA-accredited appraisers

to technical advice, maintenance event management and aircraft inspections. All powered by decades of independent maintenance data,

experience and technical expertise on virtually every make and model of business jet, turboprop and helicopter.

Enjoy world-renowned white-glove service and support at every stage of your aircraft parts and leasing journey. From the extensive

JSSI Parts & Leasing inventory and engine and APU lease portfolio to our qualified vendor marketplace, we deliver complete parts

procurement and supply chain solutions. Your dedicated team is standing by 24/7 to source the parts you need, fast.

Make more informed aircraft ownership and operating decisions with industry-leading software and digital tools powered by decades

of knowledge, expertise and the best performance data on the market. Compare aircraft operating costs, performance and specifications for more than 500 jets, turboprops, helicopters and piston

aircraft; understand total ownership and maintenance costs; and review critical state tax information.

Page 37: Business Aviation Index - jetsupport.com

JETSUPPORT.COM