JETNET

JETNET Releases December 2014 and Year 2014 Pre-Owned Business Jet, Business Turboprop, Helicopter, and Commercial Airliner Market Information

JETNET Business Aviation Market ReportUTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released December 2014 and 2014 year-end results for the pre-owned business jet, business turboprop, helicopter, and commercial airliner markets.

Market Summary
Highlighted in Table A are key worldwide trends across all pre-owned aircraft market sectors, comparing December 2014 to December 2013, as well as 2014 year-end, and comparisons to 2013. Across all market sectors, JETNET is reporting 8,476 full retail sale transactions for 2014. Last year, this number was 8,327, an increase of 176 (or 1.8%),
all from business jets. The fleet “For Sale” percentages for all market sectors—except for commercial turboprops, which showed a .6% increase—were mostly unchanged in the December comparisons. However, business jets showed the largest decrease, from 12.5% in December 2013 to 11% in December 2014.

Download the full release here (PDF).

JETNET

Aircraft Depreciation Trends: A NARA Perspective

The new smaller business aircraft manufactured from the 1980s up to 2007 have experienced very predictable depreciation. Historically, it has been in the neighborhood of 5 to 10% a year, down to where an aircraft reached a certain value, perhaps 60-70% of its original purchase price.

And then in three to five years the aircraft would start appreciating again – due to replacement costs being higher on the same airplanes. A buyer could get a five-year-or-older airplane with relative certainty that it would maintain its value. Consequently, the real cost of flying the aircraft would be fuel, insurance and maintaining it properly. Buyers could rest assured that they were going to recoup 75% worst case, or as much as 125% of their investment when selling.

Read the full post at NARA’s website.

JETNET

JETNET Releases September 2014 and First Nine Months of 2014 Pre-Owned Business Jet, Business Turboprop, Helicopter, and Commercial Airliner Market Information

JETNET Business Aviation Market ReportJETNET LLC, the leading provider of corporate aviation information, has released September 2014 and the first nine months of 2014 results for the pre-owned business jet, business turboprop, helicopter, and commercial airliner markets.

Market Summary

Highlighted in Table A below are key worldwide trends across all aircraft market segments, comparing September 2014 to September 2013. “Fleet For Sale” percentages for business jet and commercial jet market sectors were down in the September comparisons, but stayed the same or increased slightly in the other markets. This is the lowest percentage (11.6%) for business jets since the great recession began. However, the total number for sale is still above the 2,300 mark.

Some very good news! Business jets are showing a strong start in the first nine months of 2014. Compared to last year, pre-owned sale transactions are up 12.1%, average asking price is down 10.4%, and they are taking 43 fewer days to sell. Business turboprop sale transactions decreased 16.1%, along with a double-digit decrease in asking price of 10.3%.

Both turbine and piston helicopters saw declines in sale transactions YTD at 3.8% and 13.5%, respectively. Turbine helicopters recorded a modest decrease in average asking price, down 0.2% in the YTD comparisons through September 2014. All market segments showed decreasing asking prices compared to last year.

Commercial airliners are reported by JETNET in Table A – Worldwide Trends, and include the numbers for sale for both commercial jets (including airliners converted to VIP) and commercial turboprops. Commercial jet YTD sale transactions (at 1,334) are trailing business jets. However, both market sectors have surpassed the 1,000 mark for YTD sale transactions, significant compared to other market segments.

For the first nine months of 2014, there have been more than 5,800 pre-owned commercial and business jets, turboprops, and helicopters sold, with commercial jets and business jets leading all types.

Download the full release here (PDF).

JETNET

JETNET To Highlight New Releases at 2014 NBAA

UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, will demonstrate their latest aircraft research offerings at NBAA2014 in Orlando, Florida. JETNET highlights include a new release of their flagship Evolution product, a “revolutionary” new sales and prospecting management tool for aircraft sales professionals. They will present their full range of software products and services, including live demonstrations, at the National Business Aviation Association event. This year’s NBAA runs October 21st-23rd, and JETNET will be in booth 1099.

“We’re breaking new ground in our latest product and service line-up,” said Vincent Esposito, JETNET President. “These introductions provide information and state-of-the-art tools to professionals in every segment of the aviation market. We want to make your work easier and more profitable.”

JETNET will present a major new release of their popular JETNET Evolution Marketplace service. Changes and upgrades include an improved data export module, a new folder management feature, new user analytics functions to gauge how often your aircraft is being viewed on JETNET, and account administrator tools to oversee those with access to your JETNET account. JETNET’s flagship Evolution software suite features an intuitive and customizable graphical user interface so subscribers can view charts, tables and selective information, depending on their needs. While the flow and function of the
new interface is similar to that of the current program—meaning no learning hurdle for the upgraded user—a fresh and more refined appearance is immediately evident in the new Evolution. “Form and function have always been important to us”, said Paul Cardarelli, JETNET Vice President of Sales, “and we really wanted to excel in both with this new interface. The new Evolution truly offers great utility and a sophisticated look. We think our customers are going to love it.”

At NBAA2014 JETNET will debut the new JETNET Marketplace Manager product for aviation sales professionals. A CRM (Customer Resource Manager) and much more, Marketplace Manager is offered as a complement to the Evolution interface, to exponentially boost the utility one can make of the vast JETNET aircraft database and market intelligence it contains. “It’s revolutionary in that it offers the aircraft salesperson a suite of clever and convenient tools to manage their sales prospects, and a way to
be very precisely targeted in their sales efforts,” said Josh Pitts, JETNET Director of Sales for the USA. Marketplace Manager harnesses the JETNET database of 100,000+ aircraft, along with their owners and operators. Contact management and lead generation tools are designed to streamline the efforts of salespeople to more quickly identify prospects and complete deals. The most recent addition is the Market Value tool, which gives sales professionals and appraisers the ability to easily and accurately gain insight into the market value of an aircraft. “And the lead generator is the first of its kind,” added
Pitts. “We’re giving aircraft dealers and brokers capabilities they couldn’t have imagined just a few years ago.”

JETNET employs a full-time staff of research specialists who contact aircraft owners, operators, dealers, brokers, financiers, OEMs, and industry professionals around the world each business day. They make real-time updates to the most comprehensive database of its kind.

Among JETNET’s clientele are leading manufacturers, suppliers, and government and advocacy groups for business and commercial aviation worldwide. As of 2014, JETNET’s database of inoperation aircraft exceeded 100,000 airframes, which includes business jets, business turboprops, commercial airliners (both jets and turboprops), and helicopters (both turbine and piston).

“Since 1988 we’ve built a reputation for reliable information and discerning market intelligence,” said Diane Levine Wilson, JETNET Director of Product Development. “We strive to speak directly to those who are most ‘hands-on’ knowledgeable about specific aircraft, insuring the credibility of the data we gather. Our clientele rely on us for comprehensive, accurate information, relayed to them as expeditiously as possible. That is the credo of JETNET, and all our efforts revolve around that goal.”

“For more than twenty-five years we’ve built a reputation for reliable information and exclusive market intelligence,” said Paul Cardarelli, JETNET Vice President of Sales, “and we’ve only expanded our information-gathering capability. We’re always gathering original information directly from sources who work with or own aircraft. Once we review and confirm all the data for accuracy and completeness, we add it to the JETNET database for instantaneous access by our clientele, a network of aviation professionals around the globe.”

The JETNET database includes comprehensive details on aircraft airframes, engines, avionics and cabin amenities, as well as aircraft owners and operators, lessors and lessees, fractional owners and a host of other entities associated with aircraft. Also included are transaction histories on aircraft dating back more than 25 years, monthly aircraft market summary reports, and a variety of other tools for
accessing the global fleet and market on aircraft.

“We’re giving aviation professionals an unprecedented opportunity,” added Esposito. “We continue to create new ways to improve our services and take advantage of new technologies and opportunities, so our customers can prosper as our industry changes.”
JETNET is inviting NBAA2014 attendees to learn more about their products and services at booth 1099 at this year’s show.

Since 1988, JETNET has delivered the most comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide. JETNET is the ultimate source for information and intelligence on the worldwide business, commercial, and helicopter aircraft fleet and marketplace, comprised of some 100,000 airframes. 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 Vice President of Sales, at 800-553-8638 (USA) or paul@jetnet.com; Josh Pitts, JETNET Director of Sales for the USA, at 1-817-988-0158 or josh@jetnet.com; International inquiries, contact Karim Derbala, JETNET Managing Director of Global Sales, at 41.0.43.243.7056 or karim@jetnet.com.

JETNET

JETNET Releases June 2014 and First Six Months of 2014 Pre-Owned Business Jet, Business Turboprop, Helicopter, and Commercial Airliner Market Information

JETNET Business Aviation Market ReportUTICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released June 2014 and
the first six months of 2014 results for the pre-owned business jet, business turboprop, helicopter, and
commercial airliner markets.
Market Summary

Highlighted in Table A below are key worldwide trends across all aircraft market segments, comparing June 2014
to June 2013. “Fleet For Sale” percentages for business jet and commercial jet market sectors were down in the
June comparisons, but stayed the same or increased slightly in the other markets. This is the lowest percentage
(11.8%) for business jets that we have seen since the great recession began. However, the total number for sale
is still well above the 2,300 mark.

Some very good news! Business jets are showing a strong start in the first six months of 2014. Along with an
8.5% increase in pre-owned sale transactions, they are taking less time to sell (57 days, or nearly 2 months) than
last year. This is likely a direct result of an 8.2% decrease in average asking price. Adding to this good news:
GAMA reported that new business jet deliveries are up 12.4% in the first six months of 2014 compared to 2013.
Conversely, business turboprops decreased 16.1% in sale transactions, with a double-digit decrease in asking
price of 14.4% as well.

Both turbine and piston helicopters saw declines in YTD sale transactions, down 9.9% and 15.8% respectively.
Turbine helicopters recorded an increase in average asking price, at 14.9% in the YTD comparisons through June
2014. The turbine helicopter market segment was the only one to show an increase in average asking price. The
other market segments all showed decreasing asking prices compared to last year.

Read the full report (PDF)