Aircraft for sale, flights and OEM dashboard – 1 July 2022

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Aircraft for sale

  • 419 Light jets for sale – 4.67% of total fleet with a 3.26 month absorption rate –6 added in last week
  • 291 Medium jets for sale or 3.67% of the fleet with a 3.11 month absorption rate – five jets added in last week
  • 229 Heavy jets for sale or 3.66% of the fleet with a 3.07 month absorption rate – eight jets less than last week

Source: AMSTAT

Flights

  • Global: First 27 days of June 2022 up 16% on June 2019. Business jets up 20%. Europe on track for record summer. US ahead of 2019 but could be similar to 2021.
  • North America: Business jet flights up 7% compared to June 2021 – up 20% compared to 2019. But signs of cooling: Part 135 and 91K sectors flown in the US in June are down 3% on 2021. Florida departures down 4% on June 2021.
  • Europe seeing hottest ever summer for business aviation activity. Week 25, saw 16,000 business jet flights, 16% more activity in 2021. June 2022 has seen a growth of 19% in business jet departures vs 2019 (was 20% for May).
  • Rest of World Flights in Asia, Africa and Oceania this month are up 22% compared to 2021. Business jet flights in South America up 8% this year compared to 2021, up by 80% compared to June 2019. China down 47% in business jet departures in June compared to 2019.

Source: WINGX

Manufacturer backlogs

  • Bombardier Q1 2022: $13.5bn up 9.6% from Q4 2021, book-to-bill 2.5
  • Embraer Q1 2022: executive book-to-bill 2.5
  • Gulfstream Q1 2022: $17.6bn – up 8.1% from Q4 2021
  • Textron Q1 2022: $5.1bn, up 19.6% from Q4 2021

Source: Corporate Jet Investor, Financial results

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