Posted on February 19th, 2019
Demand for new-production business jets “showed signs of perking up” in the second quarter, JPMorgan North American Equity Research notes in its latest monthly business jet market update. However, it is perturbed about macroeconomic concerns. “Updates from the business jet OEMs were generally encouraging, though mixed signals persist,” said JPMorgan aerospace analyst Joseph Nadol III.…
Posted on February 2nd, 2019
Business jet deliveries will stay flat this year at about 549 aircraft, 47 percent below the 2008 peak, predicts JPMorgan North American Equity Research in its latest monthly report on the industry. However, a turnaround could be imminent, as the firm expects more than 650 bizjets to be delivered in 2012. “We are forecasting a…
Posted on January 16th, 2013
JPMorgan North America Equity Research is forecasting a 5-percent rise in business jet deliveries this year, according to the firm’s latest monthly business jet report. It predicts that 627 business jets (excluding very light jets) will be shipped this year, compared with an estimated 596 jet deliveries last year. An exact 2012 total won’t be…
Posted on March 31st, 2011
“We are gaining confidence that a recovery is taking hold following good news in recent weeks,” JPMorgan North America Equity Research noted in its latest monthly business jet update. The firm cited the net orders for 74 aircraft booked by Bombardier in the fourth quarter, as well as the firm order for 50 Bombardier Globals…