Ionic Insights: The Business Jet Fleet in Italy (January 2023)

In this eighth edition of Ionic Insights we focus on Italy. We analyse the size, make-up and age of the installed business jet fleet, whilst simultaneously investigating the most numerous aircraft registries, manufacturers and base locations.

Analysis

With a total of 85* aircraft (Source: AMSTAT, January ‘23), Italy possesses one of the largest business jet fleets in Europe. Approximately two-thirds of all aircraft are based in the north and are concentrated in and around the cultural, financial and automotive hubs of Milan and Turin. Further south, the capital city of Rome is home to 20% of the fleet.

Light/very light and midsize/super-midsize jets dominate. In fact, they represent approximately two-thirds of all aircraft. It is no surprise, therefore, that Cessna (Textron) is the largest OEM by fleet size.

At the other end of the spectrum, ultra-long range aircraft represent only 14% of the fleet; the largest manager of large cabin and ultra-long range jets is Sirio S.p.A. (a subsidiary of Directional Aviation) in Milan.

Overall, the average age of the fleet is 18 years.

Finally, whilst 80% of all jets are registered domestically (I-), it is worth noting that Italy has not yet ratified the Cape Town Convention and self-help remedies are not presently permitted under Italian law.

See a summary in the following slide:

*Source: AMSTAT, January 2023