McKinsey Analysis Finds Business Aviation Demand Outpacing Supply
A McKinsey analysis covered by Flying Magazine says business aviation demand is exceeding available aircraft and service capacity.
FlyMarshall Newsroom1 min read
Photo: Flying Magazine Business Aviation
Flying Magazine reported on an inaugural McKinsey & Company analysis of business aviation, released earlier that week. The analysis says demand exceeds available supply and identifies coordination across the services and resources needed to support flights as a central challenge.
Key details
- The analysis identifies aircraft availability, delivery slots, crews, hangars, maintenance and passenger services as areas that require coordination. - Flying Magazine attributes demand growth to an increase in ultra-high-net-worth individuals, particularly in North America, and to some customers shifting away from commercial aviation. - The article also cites limited new aircraft deliveries, aging fleets and infrastructure constraints at some destinations.
McKinsey’s analysis identifies coordination across aircraft, delivery slots, crews, hangars, maintenance and passenger services as a central challenge.
Why it matters
The reported constraints affect more than aircraft availability. Operators also need delivery capacity, staffing, hangar space, maintenance and passenger services to work together to meet demand.
What happens next
The analysis recommends that industry leaders increase production, improve asset utilization, use technology and enhance customer experience. No further timeline was announced.
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