SPS Aviation_5 Issue 5 May 2014 | Page 25

Show Preview    Ebace 2014 Panaoramic view from the Static Display of Aircraft at the Geneva International Airport during ebace 2013 the market share losses in the light jet sub-category. Entry level jets however, are projected to continue their upswing with a 2.3 per cent increase. Moving up the weight categories, Avinode states that the European decline in midsize jet category, which includes the midsize and super midsize jet sub-categories, will continue into 2014 with a loss of 3.6 per cent in flight activity. Avinode sees growth across the board on the heavier side of the chart, with the heavy jet category, which accounts for the heavy and ultra long range jet sub-categories, growing by 3.6 per cent in Europe. The ultra long range sub-category is forecast to grow by 3.1 per cent in 2014, while in Europe, where the jet class appears to be largely unaffected by general market trends, ultra long range jets are expected to garner 8.6 per cent more flights in 2014. the city-pairs connectivity provided by scheduled carriers. Actually, 96 per cent of these city-pairs are not served in a regular way by scheduled air transport, states the European Business Aviation Association (EBAA). Despite popular misbeliefs, with only 0.04 per cent of the total CO2 emission, the ecological footprint of business aviation is the smallest of all transport industry. It actually only emits less than two per cent of the total air transport emissions, whilst it represents more than seven per cent of the total IFR movements in Europe. Besides, business aviation is the only sector that offsets 100 per cent of its emissions. As a sector, business aviation accounts for over $20 billion to the European economy and employs more than 1,60,000 people across Europe. Business Aviation in Europe The reason why almost all the players are present at EBACE 2014 is that business aviation provides its users with a means of transportation that is both efficient and flexible, connecting 1,03,000 cities-pairs in Europe that is more than three times Extremely Competitive Sector With over 800 operators and around 4,000 business aircraft composed of turboprops and jets, the sector is extremely competitive and boasts of a variety of concepts and business models which make it a very flexible, easy to adapt, business www.sps-aviation.com ISSUE 5  • 2014 23