Global business aviation activity grew by 4 percent in 2013 according to Jet Support Services Inc.'s (JSSI) annual report. While the solid increase was in itself encouraging, the company noted the uptick outpaced the 2.9 percent the International Monetary Fund's predicted the global economy would grow last year. "The global growth in flight hours is a positive indicator for the health of both the aviation industry and the economy as a whole," said Neil Book, president and CEO of JSSI. "When viewed by region, the data is generally consistent with macroeconomic trends across the globe. Business aviation continues its strong rebound in the U.S., with 6 percent year-over-year growth and 7 percent quarter-over-quarter growth," Book said. JSSI doesn't just count takeoffs and landings, however.
This is a companion discussion topic for the original entry at https://www.avweb.com/recent-updates/business-military/energy-sector-leading-bizjet-recovery