Against Crude-Crossing-$100 Backdrop, US Short-Haul Business Jet Demand Still Maintains YoY Positive Growth; Showing Strong Resilience

Under Hormuz blockade pushing crude prices to $100+/barrel environment, US short-haul (<500 nm) business jet movements 2026 March–May all months achieved YoY positive growth, magnitude ~1.5–4.3%. But note: data-shown monthly short-haul movements (~410K-510K) magnitude is high — per industry data, US total business jet monthly movements (all distances) typically in 250K-350K range; unless statistical methodology includes all GA business-class flights (incl. turboprops, light jets), just short-haul reaching this magnitude needs further verification. Canada faster growth, April–May increment exceeded double digits. Brazil and Australia under pressure with various YoY declines. US holds ~85–90% of global short-haul business jet movements is broadly consistent with industry knowledge; its resilience indicates North America short-haul charter demand has low price elasticity. Confidence ★★ (trend direction credible; US absolute figures statistical methodology pending confirmation).