31 March 2015 – Corporate Jet Investor
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London Oxford Airport has reported a steady increase in business aviation activity over the last 12 months, with traffic from commercial business aviation flights (those flown by AOC operators) growing by 7.5% for the period February 2014 to February 2015. The company saw peak growth in September 2014-February 2015 with monthly movements peaking at an average growth of 20% over the six-month period and September showing an overall growth of 28%.
The increase in activity has been generated by more flights originating from the USA, Canada and CIS (Commonwealth of Independent States) countries, with aircraft arriving regularly from Slovakia, the Czech Republic, Poland and Hungary. These expanding markets complement London Oxford’s established Western European activity and the trend is expected to continue in-line with the anticipated rise in the growth of the business economy.
“We are especially pleased to be seeing more activity from heavy business jets and ultra-long range jets, with regular arrivals and departures served by Global Express, Gulfstream and Challenger aircraft. In addition to the visiting aircraft London Oxford Airport is currently home to over 35 business aircraft of which seven are in the mid to heavy jet category,” said Andi Pargeter, managing director, London Oxford Airport.
The airport also reported a 90% rise in dedicated cargo aircraft arrivals year-on-year, building on the 100% growth in 2013. The rise is partially driven by the needs of local industry to receive cargo for just-in-time production line activity. “We expect this growth to continue as the economy returns to a more stable condition,” adds Pargeter.