JETNET

JETNET Completes Q1 2015 Intelligence Quarterly Survey

UTICA, NY – JETNET LLC, the world leader in aviation market intelligence, completed its 17th JETNET iQ survey of business aircraft owners and operators in early April. JETNET iQ quarterly surveys reach every corner of the business aviation market, and provide unique and timely insights into customer preferences and opinions. Since 2011, the JETNET iQ Survey database has grown to incorporate more than 8,500 respondents from 125 countries, and is the most comprehensive collection of owner/operator
perspectives available in the market.

In Q1 2015, JETNET iQ Survey respondents who were optimistic about the trajectory of business aviation’s recovery outnumbered pessimists by a factor of 3-to-1 worldwide. Fully 60% of global respondents are now optimistic about the industry, the highest yet measured. Regionally, optimism is highest in North America, home to more than 60% of the business aircraft fleet.

In Q1 2015, 41% of North American respondents felt that sustained lower oil prices will encourage their organizations to increase their aircraft utilization, while only 4% predicted they will fly less.

These and other insights from JETNET iQ will be revealed and explored at the 5th annual JETNET iQ Global Business Aviation Summit in New York City on June 23-24, 2015. JETNET iQ Summits are fast-paced, data-rich gatherings of industry thought leaders.

More information, including registration details and the latest agenda, can be found at JETNETiQ.com under the “JETNET iQ Summit” link.

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; International inquiries, contact Karim Derbala, JETNET Managing Director of Global Sales, at 41.0.43.243.7056 or karim@jetnet.com.

JETNET

5th Annual JETNET iQ Business Aviation Summit to be Held in New York City

JETNET LLC, the world leader in aviation market intelligence, will host its 5th annual JETNET iQ Global Business Aviation Summit in New York City on June 23-24, 2015. The JETNET iQ Summit is a fast-paced, data-rich gathering of industry thought leaders to discuss, deliberate, and predict the state of business aviation markets.

Industry veteran Susan Brogan, JETNET iQ Director of Special Programs, returns for the 5th consecutive year to chair an A-list of confirmed speakers, panelists, and attendees representing a virtual “Who’s Who” of business aviation. The line-up includes leaders drawn from across the industry spectrum, including business aircraft OEM leaders, aircraft sales and finance experts, Wall Street aerospace and defense analysts, aircraft owner/operators, aviation trade organization directors, and UHNWI research professionals.

Paul Cardarelli, JETNET Vice President of Sales, and Rollie Vincent, JETNET iQ Creator/Director, will present insights from JETNET iQ’s latest research and 10-year business jet delivery and fleet forecast. The JETNET iQ Survey database now includes more than 8,500 respondents from 125 countries, and is the most comprehensive on-going study of business aircraft owners and operators available in the market.

“Our past attendees are our strongest testimony for this extraordinary event,” said Paul Cardarelli. “They’ve called it ‘The best one-day conference in the industry.’ We strive for nothing less, and this year’s event will be another must-see for aviation professionals.”

For the convenience of attendees, the 2015 JETNET iQ Summit is scheduled on the eve of the New York area National Business Aviation Association (NBAA) Regional Forum, held at Teterboro Airport on Thursday, June 25.

More information on the 2015 JETNET iQ Summit, including registration details and the latest agenda, can be found at JETNETiQ.com under the “JETNET iQ Summit” link.

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; International inquiries, contact Karim Derbala, JETNET Managing Director of Global Sales, at 41.0.43.243.7056 or karim@jetnet.com.

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).