JETNET releases February 2013 data

JETNET has released February 2013 pre-owned business jet and business turboprop aircraft and helicopter market information.

Highlighted in Table A are the for-sale worldwide trends across all aircraft market segments, comparing February 2013 to February 2012. Fleet for sale percentages in all market sectors were down in the February comparisons,

except piston helicopters. Business turboprops moved still lower, well below the 10% mark, clearly moving it into a seller’s market.

Two segments, business jets and turbine helicopters, have crossed the 19,000 in-operation level. It is noteworthy to report that for-sale business jets have changed very little from the 2,500 level over the past several years since climbing from the 1,600 level prior to 2008. The percentage for sale has declined as a result of the growth of the in-operation fleet numbers, as shown in table B.

In-operation business jets have increased by 472 (2.5%) while those for sale have decreased by 30 (1.2%). These changes produced results with percentages for sale at 13.3%, declining by 0.6 percentage point from 13.9%.

Table C further shows the anatomy of in-operation business jet fleet numbers in February 2013 compared to February 2012:

The total fleet increased by 523 business jets from February 2012 compared to February 2013. However, the number of business jets in production declined by 81 and the number out of operation (retired/stored) increased by 132, resulting in an increase of 472 for in-operation business jets.

Table D shows the comparison between February 2012 and February 2013 of the for-sale total (global) fleet, and then provides a comparison of the split between U.S. and Non-U.S. markets. The number of for-sale business jets declined in the U.S. but increased in the Non-U.S. market.