Regional Growth Comparison

🌏 Rest of World — MoM Growth Leaders 1 🇦🇺 Australia 2,120 2,124 -0.19% 2 🇵🇭 Philippines 120 124 -3.23% 3 🇨🇳 China 1,432 1,558 -8.09% 4 🇸🇬 Singapore 363 406 -10.59% 5 🇶🇦 Qatar 179 203 -11.82% Regional Growth Comparison North America

Top Performer MoM +34.62% 🇸🇻 El Salvador 78 → 105 Europe Top Performer MoM +21.10% 🇱🇺 Luxembourg 109 → 132 Rest of World Top Performer MoM -0.19% 🇦🇺 Australia 2,124 → 2,120 Central America Resilience Central American markets bucked the broader downtrend in February, with El Salvador (+34.62%), Honduras (+9.62%), and Guatemala (+0.91%) all posting month-over-month gains. These markets benefit from increasing cross-border corporate connectivity and growing regional economic ties. In Europe, Luxembourg led with +21.10% growth, while Italy's +8.07% gain underscored the Mediterranean market's winter momentum.

Rest of World Contraction February marked a notable shift in Rest of World dynamics, with no country in the region posting positive month-over-month growth. Australia held nearly flat at -0.19%, proving the most resilient. China (-8.09%) saw Lunar New Year effects dampen activity, while Singapore (-10.59%) and Qatar (-11.82%) reflected seasonal and calendar-related headwinds across Asia-Pacific and Middle Eastern markets.

Key Takeaway February's regional MoM leaders reveal a market broadly in contraction due to the shorter month and seasonal normalization. Central American nations emerged as the only bright spot in North America, while Luxembourg and Italy provided pockets of European resilience. The Rest of World region experienced universal decline, with Australia's near-flat performance being the best outcome. This widespread contraction contrasts sharply with January's more mixed picture and signals the typical mid-winter trough in global business aviation activity.