UTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released December 2014 and 2014 year-end results for the pre-owned business jet, business turboprop, helicopter, and commercial airliner markets.
Highlighted in Table A are key worldwide trends across all pre-owned aircraft market sectors, comparing December 2014 to December 2013, as well as 2014 year-end, and comparisons to 2013. Across all market sectors, JETNET is reporting 8,476 full retail sale transactions for 2014. Last year, this number was 8,327, an increase of 176 (or 1.8%),
all from business jets. The fleet “For Sale” percentages for all market sectors—except for commercial turboprops, which showed a .6% increase—were mostly unchanged in the December comparisons. However, business jets showed the largest decrease, from 12.5% in December 2013 to 11% in December 2014.
Download the full release here (PDF).
UTICA, 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).
UTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released December 2012 monthly and year-to-date (YTD) results for the pre-owned business jet, business turboprop and helicopter markets.
Highlighted in Table A are key worldwide trends across all pre-owned aircraft market sectors, comparing December 2012 to December 2011, as well as YTD. The Fleet For Sale percentages for all market sectors, except for piston helicopters which showed no change, were down in the December comparisons, with the largest drop in business turboprops, to 8.3% from 9.6% in December 2011.
Key Metrics (December 2012 vs. December 2011 and YTD)
For Sale inventories continue to decline:
- Business jets for sale were at 13.4% (down 0.4 from 13.8%)
- Business turboprops for sale were at 8.3% (down 1.3 from 9.6%)
- Turbine helicopters for sale were at 6.1% (down 0.5 from 6.6%)
- Piston helicopters for sale were at 6.1% (no change)
Download the full release (PDF)
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
UTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released January 2011 results for the pre-owned business jet, business turboprop, and helicopter markets.
Business Jet Delivery Cycles—2000 to 2010 View As illustrated in Chart A (below), the years from 2000 to 2010 reveal two different delivery cycles for new and preowned business jet market sectors. The pre-owned jet market had been on a steady increase from 1,479 sale transactions in 2001 to 2,232 in 2007 before starting a two year decline. New business jet deliveries lagged the pre-owned market decline by one year prior, having grown from 517 in 2003 to its record breaking year in 2008 with 1,313 deliveries, followed by two years of decline in 2009 and 2010.
The good news: after two years of decline in the pre-owned business jet market, 2010 has shown a reversal. The year’s 1,888 pre-owned business jet transactions was an increase of 16% over 2009, and 4.8% over 2008.
2010 new business jet deliveries of 763 were down by 12.3% compared to 870 in 2009. 2011 is expected to be
another year of correction, but with a prediction of a strengthening of global economic conditions. Download the full report (PDF)