Market analysis: Business jet inventory falls again

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JETNET releases December 2013 and full-year figures for pre-owned business jets, turboprops and helicopters.
Rolland Vincent, creator/director of JETNET IQ, speaking at International Corporate Jet & Helicopter Finance 2014.

Rolland Vincent, creator/director of JETNET IQ, speaking at International Corporate Jet & Helicopter Finance 2014.

The percentage of aircraft listed for sale is dropping in almost every market sector, according to JETNET’s analysis of pre-owned business aircraft transactions for 2013.

ALSO READ: Analysing the numbers that make the business jet market tick

The report confirms that it still very much a buyer’s market, with a rise in pre-owned business jet sales and the economy growing at “a pace that is prime for positive business aviation growth.”

JETNET says there were 2,303 pre-owned business jet sales in 2013 – over 8,300 business aircraft in total – with the percentage of business jets for sale dropping from 13.4 per cent in December 2012 to 12.5 per cent one year later.

The number of business jet sales also increased by 0.6 per cent and the average asking prices increased by 10.7 per cent.


Data: JETNET rounds-up the pre-owned business jet market

JETNET 2004-1

In 2013, it took an average of 391 days to sell a business jet (Source: JETNET).

JETNET 2014-2

There were 883 pre-owned light jet sales in 2013 (Source: JETNET).

JETNET 2014-3

There were more pre-owned business jet sales in 2013 in the last eight years (Source: JETNET).

JETNET 2014-4

The business jet inventory continues to decline for a fifth consecutive year (Source: JETNET).

Rolland Vincent, creator/director of JETNET IQ, presented some of JETNET’s findings at International Corporate Jet & Helicopter Finance 2014 held earlier this month in London.

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