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January 3, 2012

JETNET

JETNET Releases November 2011 Pre-owned Market Results

posted by JETNET @ 5:18 pm
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UTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released November 2011 and the first eleven months of 2011 results for the pre-owned business jet, business turboprop, and helicopter markets.

Market Summary – Business Jets and Business Turboprops
Pre-owned business aircraft inventories continued to decline in November, but asking prices—especially for jets—have yet to find a bottom. Business jet inventory in November stood at 14.0% of the in-service fleet, down 1.1% from a year ago. In the first 11 months of 2011, jet sale transactions increased by 9.6% compared to the same period in 2010. However, in the same time frame average asking price dove 14.1% to $4.537 million, and average days on the market swelled by nine days to 334.

Meanwhile, the turboprop market appears to be gaining a better footing. Inventory of pre-owned turboprops settled in at 9.9% in November, down from 10.8% in 2010. Turboprop sale transactions rose by 12.4% in the first 11 months compared with the same period in 2010, while the number of days on market decreased by 12 days to 327. Average Asking price was the only negative in the turboprop segment, though it fell by only 3.2% versus a year ago, to $1.311 million.

Download the Full Report (PDF)

October 10, 2011

JETNET

JETNET Announces Latest Results of JETNET iQ Research at NBAA 2011

posted by JETNET @ 2:03 pm
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UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, today announced results from its latest JETNET iQ research on the state of the business aviation industry. These results were released on the opening day of the 2011 National Business Aviation Association (NBAA) Convention in Las Vegas, NV, the world’s largest gathering of business aviation professionals.

At the heart of JETNET iQ is a proprietary quarterly on-line survey of business aircraft owners and operators. Respondents are contacted directly by JETNET’s 42-person multilingual research team and provided a unique password and electronic link to the survey, which is available in 7 languages (Arabic, English, French, German, Portuguese, Spanish, and Russian).

Survey respondent profile (Q1 through Q3 2011):

  • 1,500 owners and operators of 3,500 fixed wing turbine aircraft in 80 countries
  • 59% North America, 19% Latin America & Caribbean, 13% Europe, 4% Asia Pacific, 4% Africa,
  • 1% Middle East and Former Soviet Union
  • 32% senior management / 68% aviation professional
  • 53% made or influenced the last aircraft purchase decision

October 7, 2011

JETNET

JETNET Featuring Host Of New, Upgraded Services At NBAA 2011

posted by JETNET @ 4:40 pm
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UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, said today that it is featuring its biggest product line-up ever at the 2011 National Business Aviation Association (NBAA) Convention from October 10-12 in Las Vegas, NV. In addition to the newest versions of its flagship Evolution, Aerodex and Aviation Business Index (ABI) products, the company will present its JETNET iQ forecast suite, an updated Customer Relationship Management (CRM) system, their new Sales Price Index (SPI) product, a new Charter Views feature in Evolution, access to Aircraft Cost Calculator, and a demonstration-only preview of their new BigPlanes product. JETNET will also be demonstrating
its new mobile application for information retrieval. (Read More…)

Filed under: Press Releases,Uncategorized — Tags:

October 4, 2011

JETNET

JETNET to Reveal Compelling Industry Intelligence at NBAA 2011

posted by JETNET @ 8:52 am
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UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, today announced that it is hosting its first-ever JETNET iQ press conference at the 2011 National Business Aviation Association (NBAA) Convention in Las Vegas, NV. The press conference will be held in Room N119 of the Las Vegas Convention Center on Monday, October 10, 2011 from 10:00-10:45 AM.

JETNET iQ will present the results of its latest research on the state of the business aviation industry, and will be releasing a new index of aircraft purchase and utilization intentions derived from proprietary responses to JETNET iQ Global Business Aviation Surveys.

“JETNET talks to literally thousands of aircraft owners and operators every week”, said Vincent Esposito, JETNET President. “Each quarter, we take these conversations to another level with our JETNET iQ surveys. This is critical intelligence on where the industry has been and where it is going, and often we are truly surprised by what is revealed here.”

“There is no more trusted source for independent business aviation market intelligence than JETNET, and no better place to know more about business aviation than at NBAA Conventions,” said Rollie Vincent, JETNET iQ Creator/Director. “Now, with JETNET iQ, we can provide even more insights to help business aviation leaders navigate at times like these, when forward visibility is limited.”

Paul Cardarelli, JETNET Director of Sales and Marketing, noted that: “If you like to manage with data, you will love what JETNET and JETNET iQ can do for your business. Business aviation leaders who need to know more about emerging industry trends can look to JETNET and JETNET iQ to complement their existing market intelligence capabilities.”

JETNET iQ’s Global Business Aviation Surveys are web-based and available in 7 languages—English, French, German, Portuguese, Russian, Spanish and Arabic. Aircraft owners and operators share their insights on aircraft purchasing and selling intentions, purchase criteria, purchase inhibitors, brand preferences, utilization intentions, desired new product improvements, and a number of other factors. Each quarter, more than 500 respondents participate from 50 or more countries.

JETNET iQ is JETNET’s forecasting and premium advisory service for business aviation, launched in January 2011. Targeted at owners and operators of turbine fixed-wing business aircraft, JETNET iQ quarterly surveys have already attracted more than 1,500 respondents operating more than 3,500 fixed-wing turbine aircraft from almost 60 countries worldwide.

Launched in January 2011, JETNET iQ is a collaborative effort of JETNET LLC and Rolland Vincent Associates, LLC, a Texas-based aviation consultancy. Available on a members-only basis, JETNET iQ is a premium advisory service, and the latest in JETNET’s spectrum of products and services designed to help customers “Know More.” JETNET iQ has 3 main elements:

  • JETNET iQ REPORTS are the definitive analytical reference for the business aviation industry, incorporating quarterly state-of-the-industry analyses, voice-of-the-customer insights, and detailed demand forecasts.
  • JETNET iQ SUMMITS provide unique networking conferences for thought-provoking, independent insights into the state of the industry, and results from JETNET iQ’s latest surveys and forecasts.
  • JETNET iQ CONSULTING serves the needs of members with customized research and analysis requirements on a project-by-project basis.

Since 1988, JETNET has delivered the most comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide. JETNET’s portfolio of services includes JETNET iQ, JETNET Evolution, AERODEX, Aviation Business Index (ABI), AvData, JETNET CRM, Helidex, Rotodex and JETNET Evolution Mobile. JETNET is the ultimate source for information and intelligence on the worldwide business aircraft fleet and marketplace, comprised of some 60,000 airframes. The company offers services for both fixed wing and helicopter aircraft. Headquartered in its state-of-the-art facility in Utica, NY, JETNET offers comprehensive user-friendly aircraft data via real-time internet access or regular updates.

For more information on JETNET LLC log on to jetnet.com or contact Paul Cardarelli, JETNET Director of Sales and Marketing, at 800-553-8638 (USA) or paul@jetnet.com; International inquiries, contact Karim Derbala, JETNET Exclusive Agent, EMEA, at 41.0.43.243.7056 or karim@jetnet.com For more information on JETNET iQ, log on to www.jetnetiq.com or contact Rollie Vincent, JETNET iQ Creator/Director at 972-439-2069 (USA) or rollie@jetnet.com.

Filed under: Press Releases,Uncategorized

August 23, 2011

JETNET

Partnership Between JETNET and Aircraft Cost Calculator Brings Cutting-Edge Aviation Cost Analysis Software to Thousands of JETNET Users

posted by JETNET @ 12:12 pm
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UTICA, NY and MEQUON, WI – JETNET LLC, the world leader in business aviation intelligence, and Aircraft Cost Calculator™ (ACC), makers of a revolutionary aircraft operating and business aviation cost software program, are proud to announce that the ACC program will be offered to JETNET customers at a discounted rate.

“We’re very pleased to expand our services by making the ACC program available to our customers at a considerable savings,” said Vincent Esposito, president of JETNET. “We know the hurdles our customers must clear when justifying costs of aircraft purchases for their clients, and it’s always been our goal to provide them with every tool available to make their jobs more efficient. In today’s marketplace it’s imperative to have the most comprehensive business aviation intelligence, and this is where JETNET and ACC share a unique synergy.”

Current JETNET users will find that the ACC program easily expands their ability to provide compelling information to their clients. As an intuitive program built from the broker dealer perspective, it allows for optimal customization of costs. The unique “Trip Cost Calculator” provides clear justification for benefits and cost savings associated with private business travel, including charter vs. aircraft ownership scenarios.

“In today’s uncertain times, it is critical to have the best tools to make fiscally sound buying and selling decisions,” said Chris Doerr, Jr., ACC president. “Our partnership with JETNET is designed to accelerate adoption and provide users with data, including initial investments, maintenance and management fees, fuel costs and depreciation, for nearly 200 of the most popular jets and turboprop aircraft.”
Download the full release (PDF) >

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