JetNet: Pre-owned Bizjet Prices, Transactions Climbing

“For the first time this year, some long-anticipated good news came for pre-owned business jet retail sale transactions,” JetNet said yesterday. “In the first eight months of 2011, the year-to-date average asking price increased 3.5 percent while the industry maintained double-digit growth at 11.4 percent.” While turboprop asking prices declined by 1.5 percent over the…

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Pre-owned Business Jet Sales in 4Q Best Since Late 2007

AIN Online reports that pre-owned business jet sales took off in last year’s fourth quarter, blunting a weak second quarter and a “mixed bag of activity” in the third, according to business aviation information service provider Amstat. Business jet resale transactions were up 0.3 percentage points year-over-year, with 2.9 percent of the active fleet turning over…

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Data Shows Early Stage of Business Aviation Recovery

“The first five months of the 2011 pre-owned market showed early-stage recovery signs,” with used business jet retail sale transactions growing by 19.7 percent over this period, according to data released by business aviation information firm JetNet. While business jet inventory fell to 14.1 percent at the end of May–down 1.2 percentage points from May…

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