Rest of World: Top 5 Cross-Border Routes

48. Rest of World: Top 5 Cross-Border Routes Bilateral Country Pair Flight Volume | February 2026 913 Top 5 Total February Flights 1,450 Previous Month January Flights -28.75% Average MoM Sharp Decline -13.21% Average YoY

Annual Trend #1 Argentina ↔ Uruguay 214 flights MoM -61.72% YoY -40.56% #2 Indonesia ↔ Singapore 194 flights MoM -17.80% YoY -8.92% #3 Saudi Arabia ↔ United Arab Emirates 184 flights MoM -32.85% YoY -42.14% #4 China ↔ Japan

176 flights MoM -6.88% YoY +4.76% #5 Brazil ↔ United States 145 flights MoM -24.48% YoY +20.83% Argentina-Uruguay Seasonal Collapse: Argentina-Uruguay dropped -61.72% MoM from 559 to 214 flights as the Southern Hemisphere summer season winds down. The Punta del Este resort season effectively ends in late January, causing a dramatic February pullback. The -40.56% YoY decline signals weaker underlying demand compared to February 2025.

Gulf Corridor Weakness: Saudi Arabia-UAE fell -32.85% MoM and -42.14% YoY to 184 flights, the steepest annual decline among the Top 5. The corridor continues to normalize from elevated prior-year levels, though it remains a significant route reflecting business ties between Riyadh and Dubai.

Asia-Pacific Relative Resilience: China-Japan posted the smallest MoM decline at -6.88% with positive YoY growth of +4.76%, making it the most stable route in the ROW Top 5. Growing cross-border business ties between Chinese and Japanese corporations continue to support this emerging corridor.

Brazil-US Intercontinental Growth: Despite falling -24.48% MoM to 145 flights, the Brazil-US route posted +20.83% YoY growth, the strongest annual improvement among ROW Top 5 routes. This reflects expanding intercontinental business aviation demand between South America's largest economy and the United States.