JETNET releases May 2013 and first five months data

news
0
SHARE:

JETNET has released May 2013 and the first five months of 2013 results for the pre-owned business jet, business turboprop, helicopter and Commercial Airliner markets.

JETNET has released May 2013 and the first five months of 2013 results for the pre-owned business jet, business turboprop, helicopter and Commercial Airliner markets.

JETNET have highlighted in Table A below are key worldwide trends across all aircraft market segments, comparing May 2013 to May 2012. “Fleet For Sale” percentages for business jet and business turboprop market sectors were down in the May comparisons, but increased slightly in the helicopter markets.

Business jets are showing a slow start in the five months of 2013 with a 7.0% decrease in pre-owned sale transactions, and are taking more time to sell (62 days) than last year, with a 8.6% increase in average asking price. This is the first time this year that there has been an increase in the YTD average asking price. Business turboprops decreased 3.9% in sale transactions, with a double-digit increase in asking price of 13.4%.

Both turbine and piston helicopters saw double-digit declines in sale transactions YTD at 22.9% and 26.1%,respectively. Turbine helicopters recorded a double-digit decrease in average asking price, at 32.2% in the YTD comparisons through May 2013.

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. It is noteworthy that the

number of YTD pre-owned sale transactions for commercial airliners (at 890) is slightly ahead of business jets (at 882). However, commercial turboprop YTD sale transactions are significantly lower at 238.

JETNET Table A Worldwide Trends 5m013 

US Economy Gross Domestic Product, 1st quarter 2013 (third estimate)

Real gross domestic product—the output of goods and services produced by labour and property located in the United States—increased at an annual rate of 1.8% in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the “third” estimate released by the Bureau of Economic Analysis. The BEA release showed the economy has now grown for the 15th straight quarter.

JETNET US GDP 01 to 13 Quarters

US Jet A Fuel Prices

US Jet A fuel price in the first quarter of 2013 reached a new record peak of $7.27 per gallon. The earlier record peak ($6.83 in the third quarter of 2008) was shorter lived (Fuel Bubble #1) compared to the recent one (Fuel Bubble #2) that has slowly increased to a new record level.

JETNET JET Fuel 01 to 13 Quarter

SHARE: