JETNET

JETNET Releases September 2014 and First Nine Months of 2014 Pre-Owned Business Jet, Business Turboprop, Helicopter, and Commercial Airliner Market Information

JETNET Business Aviation Market ReportJETNET LLC, the leading provider of corporate aviation information, has released September 2014 and the first nine months of 2014 results for the pre-owned business jet, business turboprop, helicopter, and commercial airliner markets.

Market Summary

Highlighted in Table A below are key worldwide trends across all aircraft market segments, comparing September 2014 to September 2013. “Fleet For Sale” percentages for business jet and commercial jet market sectors were down in the September comparisons, but stayed the same or increased slightly in the other markets. This is the lowest percentage (11.6%) for business jets since the great recession began. However, the total number for sale is still above the 2,300 mark.

Some very good news! Business jets are showing a strong start in the first nine months of 2014. Compared to last year, pre-owned sale transactions are up 12.1%, average asking price is down 10.4%, and they are taking 43 fewer days to sell. Business turboprop sale transactions decreased 16.1%, along with a double-digit decrease in asking price of 10.3%.

Both turbine and piston helicopters saw declines in sale transactions YTD at 3.8% and 13.5%, respectively. Turbine helicopters recorded a modest decrease in average asking price, down 0.2% in the YTD comparisons through September 2014. All market segments showed decreasing asking prices compared to last year.

Commercial airliners are reported by JETNET in Table A – Worldwide Trends, and include the numbers for sale for both commercial jets (including airliners converted to VIP) and commercial turboprops. Commercial jet YTD sale transactions (at 1,334) are trailing business jets. However, both market sectors have surpassed the 1,000 mark for YTD sale transactions, significant compared to other market segments.

For the first nine months of 2014, there have been more than 5,800 pre-owned commercial and business jets, turboprops, and helicopters sold, with commercial jets and business jets leading all types.

Download the full release here (PDF).

JETNET

JETNET Releases 2013 Year-End Pre-Owned Helicopter Market Information

JETNET Business Aviation Market ReportUTICA, NY – JETNET LLC, the world leader in aviation market intelligence, has released year-end numbers for the pre-owned helicopter market for 2013, revealing a number of striking trends.

Pre-Owned Helicopter Market News
In advance of Heli-Expo 2014, JETNET is releasing their 2013 overview of the helicopter market, taken from their comprehensive global database of turbine and piston helicopters. Analysis of the full retail sale transactions for pre-owned helicopters reveals those markets experiencing double-digit declines in 2013 (-11.8% and -13.5%, respectively) compared to 2012.

The Turbine Helicopter market experienced an 11.4% increase in the number for sale in 2013  compared to 2012. From 2006 to 2012, the average days on market increased from 123 days to 432 days. However, in 2013 there was a reduction of 18 average days on the market compared to 2012. The percentage for sale also increased to 6.4% compared to 6.1% from just a year ago.

Download the full report (PDF).

JETNET

JETNET Releases December 2013 and the Year 2013 Pre-Owned Business Jet, Business Turboprop, Helicopter, and Commercial Airliner Market Information

JETNET Business Aviation Market ReportUTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released December 2013 and 2013 year-ending results for the pre-owned business jet, business turboprop, helicopter and commercial airliner markets.

Market Summary
Highlighted in Table A are key worldwide trends across all pre-owned aircraft market sectors, comparing December 2013 to December 2012, as well as 2013 year-end, and comparisons to 2012. Across all market sectors, JETNET is reporting over 8,300 full retail sale transactions for 2013. Except for turbine helicopters, which showed a slight increase, the fleet “For Sale” percentages for all market sectors were down in the December comparisons, with the largest drop in business jets, to 12.5% from 13.4% in December 2012.

Click here to download the full report (PDF)

JETNET

JETNET Attending 2013 HAI Heli-Expo Aviation Intelligence Firm Celebrating 25th Anniversary

UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, will exhibit at HAI Heli-Expo 2013 in Las Vegas, Nevada and is celebrating 25 years of delivering professional aircraft research services. Their 2012 overview of the helicopter market, taken from their comprehensive global database of piston and turbine helicopters, reveals a market experiencing a slow but steady recovery. JETNET will present their full range of software products and services at this year’s Heli-Expo, which runs March 5th-7th. JETNET will be in booth C1001.

“We’re proud to be celebrating 25 years of serving the aviation industry,” said Vincent Esposito, JETNET President. “Every year we’re shining a brighter light on the helicopter market, giving industry professionals better ways to grow their businesses. That’s kept us growing for a quarter of a century.”

JETNET employs a full-time staff of more than 40 research specialists who contact industry professionals around the world each business day. They make real-time updates to the most comprehensive database of its kind. At the close of 2012, JETNET reported 28,287 helicopters in service, 18,911 of which are turbine powered, and 9,376 of which are piston powered. At the close of 2012 there were 1,730 helicopters actively offered for sale, or 6.1% of the fleet. The firm now tracks 134 separate helicopter models in 184 countries, a stunning task.

“At JETNET it’s all about reliable information and market intelligence,” said Paul Cardarelli, JETNET Director of Sales and Marketing. “Our staff solicits original information from sources directly associated with aircraft. The data they gather is reviewed and confirmed for accuracy and completeness. It’s then added to the JETNET database for instantaneous access by our clientele, a network of aviation professionals around the globe.”

The company’s Evolution software suite features an intuitive and customizable graphical user interface, so subscribers can view charts, tables and selective information, depending on their needs. JETNET also offers aviation professionals a variety of ancillary services. These include the JETNET CRM (Customer Relationship Management) service, JETNET SPI (Sales Price Index) for actual selling prices of aircraft, and JETNET iQ (Intelligence Quarterly), a comprehensive business aviation forecasting service (see JETNETiQ.com).

“Since our founding, we’ve never rested in improving our products and services,” added Esposito. “We look forward to many more years of providing exactly what our subscribers ask for.”

JETNET is inviting Heli-Expo attendees to learn more about their products and services at booth C1001 at this year’s show.

For 25 years, JETNET has delivered the most comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide. JETNET is the ultimate source for information and intelligence on the worldwide business, commercial, and helicopter aircraft fleet and marketplace, comprised of some 100,000 airframes. Headquartered in its state-of-the-art facility in Utica, NY, JETNET offers comprehensive user-friendly aircraft data via real-time internet access or regular
updates.

For more information on JETNET LLC log on to jetnet.com or contact Paul Cardarelli, JETNET Director of Sales and Marketing, at 800-553-8638 (USA) or paul@jetnet.com; International inquiries, contact Karim Derbala, JETNET Exclusive Agent, EMEA, at 41.0.43.243.7056 or karim@jetnet.com;

Diane Levine-Wilson

Heli-Gate

Putting all politics aside. C’mon, you can do it.

The somewhat controversial governor of New Jersey Chris Christie (what were his parents thinking?) is in the news this time for personal use of one of the state owned helicopters. He used it to fly to his son’s high school baseball game and then to attend a dinner with GOP folks to discuss his possible run for President.

Yikes! The media grabbed this up like a fresh donut on the dashboard of a squad car and the opposition party talking heads were aghast and the public decried “outrage. Sighting “hypocrisy” as justification for their anger. After all, the porcine governor is busily slashing budgets in the public sector in order to get the state back on fiscal solid ground. “Everyone must make sacrifices” is his battle cry for decimating state funding for education. Ooops, I said I wouldn’t do that. “My bad”

Here’s what happened: Continue reading