Business jet activity is holding up, according to WingX data, especially in the Middle East, but some ground has been lost after last year's record January when the end of lockdowns released a surge of pent up demand.

A global coalition focused on business aviation sustainability is offering a market-based solution to help reduce carbon emissions for flights to and from the WEF's annual meeting in Davos, Switzerland.

World Fuel Services and World Energy have launched a programme with Jet Aviation that allows customers to offset their purchase of conventional fuel en route to Davos with SAJF purchased by others at Van Nuys.