Business Fleet Report YE 2022 Europe

COUNTRY SNAPSHOTS
respectively. Light Jets were most popular in Portugal with a fleet
of 53, followed by Medium Jets with 42. Some 25 business jet
models were operated in Portugal, led by the Citation Latitude
(25), Phenom 300 (20) and Citation 560XL (18). Portugal had one
of the highest proportions of locally registered business jets in
Europe with 97% of the fleet on the CS- register.
Turkey
Turkey’s business jet fleet size reduced by just one aircraft during
2022 for a total of 117 at year end. Only one new jet was delivered
during the year – a Falcon 8X to charter company Setair. There
were 15 pre-owned additions of mainly Large and Long Range
jets, as well as 17 deductions. Bombardier was the top OEM in
Turkey with a fleet share of 36%, ahead of Textron with 28% and
Dassault and Gulfstream with 14% each. The Turkish fleet was
concentrated around Large and Long Range jets with a combined
fleet share of 57%, with the Light and Medium categories having
shares of 20% and 17%, respectively. Turkey’s fleet was quite
widespread among 45 aircraft models, with each model having
comparably small numbers. The Challenger 605, Gulfstream
G450 and Citation 560XL series were jointly the most popular
models with seven aircraft each. Turkey’s locally registered fleet
proportion was relatively high at 84% with just 9% of the fleet were
registered offshore.
Italy
With a net gain of four aircraft and a 2022 year-end fleet of 112
jets, the Italian business jet fleet ranked ninth among European
countries. There were six new deliveries to Italy during 2022 –
four Gulfstream Long Range Jets and two Citation CJ4 Light
Jets. The 14 pre-owned additions and 16 deductions from the
fleet comprised a mix of aircraft models across all categories.
Textron captured the largest OEM market share in Italy with 47%
(53 aircraft). The other major OEMs Bombardier, Dassault and
Gulfstream had fairly even fleet shares of around 15%. Embraer
was less well represented in Italy with just two aircraft – one
Legacy 650 and one Phenom 100. The Hawker 400 was the most
popular model in Italy with ten aircraft, followed by the Citation
525, Citation 500/501 and Gulfstream G550 with seven each.
Some 67% of the Italian fleet was registered locally, with 17%
offshore and 7% on the US N register.
Spain
Rounding out the top ten largest fleets in Europe were the 78 jets
operated in Spain. The year-end 2022 fleet saw a net decrease of
nine aircraft over the previous year – the most of any European
country. There were few additions to the Spanish fleet during 2022
with just one PC-24 as the only new delivery made, and only five
pre-owned additions. On the other hand, there were 15 deductions
from the Spain-based fleet during the year, nine of which headed
to other European countries. Textron accounted for 55% of the
fleet with 43 jets, followed by Bombardier and Gulfstream, each
with a 17% share. Light Jets were the most popular in Spain with
28 aircraft and a 36% fleet share, followed by Very Light Jets
with 21% and Long Range Jets with 19%. Cessna Citation family
models were most common in Spain, including the Citation 550
(nine aircraft), Citation 525 (eight), Citation Mustang (six) and
Citation 560XL (five). Three-quarters of the Spain-based fleet was
registered locally, with the remaining fleet registered offshore
(8%), on the US register (3%) and on registries (14%).
12 | YE 2022 EUROPE BUSINESS JET FLEET REPORT