Jet Support Services, Inc. (JSSI), the independent provider of maintenance support and financial services to the business aviation industry, has released the JSSI Business Aviation Index for the fourth quarter of 2017, the company said.
The index, which tracks utilization of approximately 2,000 business aircraft worldwide, reports average flight hours in the fourth quarter of 2017 to be at the highest levels in a decade.
The JSSI Business Aviation Index tracks and reports on the global flight activity and utilization of business aircraft worldwide, including jets, turboprops and helicopters. Unlike commercial aviation, which is largely driven by consumer spending, business aviation is a tool needed for efficient travel to conduct core business activities. The report calculates the average flight hours flown per aircraft on a monthly basis and organizes this data by region, industry and cabin type. This ultimately provides useful insights into the state of global economic conditions.
For nearly 30 years, Jet Support Services, Inc. (JSSI), has been the independent provider of maintenance programs to the business aviation industry, covering virtually all makes and models of business aircraft, engines, and APUs. JSSI provides its 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. As the creator of the revolutionary Tip-to-TailÂ® Program, JSSI is the only single source provider of this trademarked service. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors.