Private Jet Marketplace

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This is a detailed month-by-month dynamic information updates on corporate air transport from new private aircraft to the sale of used aircraft to private jet trips and other useful information for anyone flying private, as well as turbo-props.

In order to give a wider view of the jet card business, this paper is published here with AvBuyer's approval. com Rollie Vincent, Editor, Price Indicators, evaluates the status and orientation of the business aviation business in the middle of the year. Like always, we are relying on a sound mix of dates that are littered with a little hearing talk, some hoopla and our own analysis to get our best estimate of where we are by mid-2018.

Airline load factors in the core North American and European economies continue to rise, a safe and stable indication of a gradual improvement in the overall air transport sector. Low to medium single-digit percentage year-on-year (YoY) growth is a welcome development, slightly ahead of the base portfolio, with newer jets ahead of the game.

In 2017, JETNET achieved almost unbelievable levels of second-hand corporate aircraft sale, another strong indication of the upward trend: over 2,700 retailers and leasing contracts, an unparalleled levels of activities and a very strong increase of 9% over the previous year. 2017 ended with around 2,350 commercial aircraft on the aircraft scene, accounting for around 11% of the global population.

Revenues in 2018 for the first five month of the year were approximately 4% lower than in the same quarter of the previous year (2017) as the overall stock level decreased. By the end of May 2018, the number of commercial jetliners had fallen to 1,985 or 9. 2 per cent of the total fleets, with only about 135 jet planes at the age of five years or younger on the marked.

A full 45% of the "For Sale" jet fleets are currently more than 20 years old, as the transition from buyer's rather than seller's markets is becoming increasingly clear. Guardian Jet's Mike Dwyer stressed this week that shoppers with high expectations need to be ready to trade very quickly - with a checkbook (or better yet, cash) if they want to buy a particular thoroughbred plane in today's markets.

On the second-hand markets there were only three Global 6000 and three Gulfstream G550 with similar vintages. One of the most important trends in the last few month's markets has been the increase in young, used stock, indicating better times for jet manufacturers who have become used to the shallow, "steady as she goes" terms of recent years.

Confidence among corporate jet fleet managers and users regarding the situation of the corporate jet fleet is currently at its highest level in 7 years. Five years, calculated on the basis of the results of the JETNET iQ Survey Q1 2018. Clients who believe that the aviation sector is going beyond the bottom of the present economic recession (which we call "optimists") exceed the number of naysayers by a multiple of 4.5 to 1.

Fortunately, the mood among large cabin aircraft pilots and managers seems to have recovered at least on the basis of the latest poll results, which included answers from more than 50 states. Is all this an indication that we are going "out of the forest and into the sun" in mid-2018?

Confidence among corporate jet fleet managers and users regarding the situation of the corporate jet fleet is currently at its highest level in 7 years. Five years, calculated on the basis of the results of the JETNET iQ Survey Q1 2018. Clients who believe that the aviation sector is going beyond the bottom of the present economic recession (which we call "optimists") exceed the number of naysayers by a multiple of 4.5 to 1.

Fortunately, the mood among large cabin aircraft pilots and managers seems to have recovered at least on the basis of the latest poll results, which included answers from more than 50 states. Is all this an indication that we are going "out of the forest and into the sun" in mid-2018?

TRAQPak's year-on-year report on air traffic in the Americas shows that May 2018 saw an 2.2% rise over May 2017. At the same time, economic growth increased by 4.2% compared to April 2018. Aeroplane category growth was also consistently strong, with lighter jet sales showing the highest growth compared to May 2017. Business Aviation's aviation activities registered an anticipated rise in the number of flights in May, which will be completed by April 2018.

The results by operating class were consistently good for the entire months, with Part 135 showing the highest growth per months, and the majority of airframe classes were also up. Turbo-props led, although large jet engines recorded a fall in May' sales of MOL. In May 2018 there were 79,601 business aviation take-offs in Europe, an 1% rise over the previous year.

Different tendencies were observed in the largest business aviation countries, with France remaining unchanged by -2%, the UK and Switzerland, Italy by -4% and Spain by 7%. Of the smaller countries, Austria's activities declined by -5%, Russia's by -3% and Turkey's by -15%, which accelerated a long-term drop in consumption.

An additional strong quarter of strong economic expansion (+15%) was recorded in Greece, leading to a 2018 +20% turn. All ten major large aircraft market segments decelerated in May. Small and medium-sized jet aircraft, particularly in France and Spain, contributed to this increase, while turboprop in Switzerland grew by 10%. Charter/AOC had one of the weakest monthly periods since the beginning of the 2016 cycle, with an increase of