Our Haiti Relief Efforts

Posted on July 28, 2010 by Diane Levine-Wilson

Although the crisis in Haiti is off mainstream reporting that doesn’t mean that the need for aid to the people has gone away.

In the aftermath of the earthquake JETNET made a very generous donation to the relief efforts of C.A.R.E. (Corporate Aircraft Responding in Emergencies) the organization that immediately stepped up to mobilize private aircraft to bring medicine, doctors, food and other necessary supplies to the people of Haiti. Since that time, C.A.R.E has split into a new organization that is now known as AERObridge.

This is one of the times when it takes financial resources to facilitate the transport of goods to the people who will directly benefit from them. During Operation Haiti, AERObridge has had to pay for initial supplies to go in on the first of several aircraft before the current supply chain was in place. They had to hire a helicopter (none were available on a donation basis at the time) to get into areas cut off from ground transport, and pay the fuel for an owner operated aircraft to continue operating.

With the help of our very generous donation, and with their current supply chain in place, AERObridge has been able to assist 6 different NGOs (Non Government Organizations) get their cargo to Haiti and progress with their recovery program. AERObridge, has been approved to send 186 pallets of tarps, water filtration systems, medical equipment/supplies, and disinfectant to Haiti on the U.S.S. Iwo Jima. The Navy will transport the pallets to Port de Paix where AERObridge will then pay for the trucks to take the cargo to their end recipients in Port au Prince with the oversight of the U.S. Marines. The reason the cargo is not going directly to Port au Prince with a private shipping company is that many NGOs are experiencing difficulty having their cargo tied up in Customs. The free transit AERObridge has been able to acquire with the Navy and Marines as well as getting their assistance overcoming bureaucratic obstacles has made AERObridge able to complete the chain of transportation to reach those refugees in dire need of help.

I am sure that everyone here at JETNET is proud of our company’s generosity and the accomplishments of AERObridge.

After EBACE 2010: Expect Slow, Gradual Recovery

Posted on July 23, 2010 by JETNET

JETNET Releases June and First Six Months 2010 Pre-Owned Business Jet and Turboprop Aircraft and Helicopter Market Information

The 10th annual European Business Aviation Convention & Exhibition (EBACE) ended its three-day May 2010 conference with sold-out exhibit and static display spaces, 11,174 attendees and a general air of optimism that the global industry’s economic outlook is on the upswing. Halls 6 and 7 of Geneva PALEXPO and the Static Display of Aircraft were full with 436 Exhibitors and 65 aircraft out at Geneva International Airport.
While it was generally agreed that optimism was in the air, questions about the recovery still lingered. “Are we there yet?” and “How long is this going to take?” were common thoughts among the many attendees, without many clear answers. Reflecting on some historical data, and examining and understanding the metrics that underline our recovery, will shed some light on what to expect.
New aircraft orders are based on the successful sale of existing aircraft in the pre-owned market, a good first predictor. Recent history of the build-up in the inventory for sale business jets shows that the market went “negative” sometime in 2008. After some 5 years of record sales and rising aircraft values, the bubble finally burst amid a world economic collapse and banking crisis of historic proportion. Read the full report here (PDF).

China’s Growing Market for Business Aviation

Posted on July 21, 2010 by Diane Levine-Wilson

In a recent summary of the Macau Business Aviation Show held June 9th to 11th, 2010. John Rosenvallon, President and C.E.O. of Dassault Falcon Jet, was quoted as saying ”The time for a strong business aviation market in China has arrived”. That being so, combined with the recent flurry of aviation news media coming out of China, I thought I would fire up my JETNET Evolution program and take a look at the actual numbers.

Today there are 65 business jets and 19 turbo-props owned and operated in China. In addition there are 167 piston and turbine helicopters.

What we have charted as far as growth in China is concerned over the recent two-year period certainly points in a positive direction. From June 2009 to June 2010 there were18 full sales of business jets into China, compare that to the previous year, 2008 to 2009 of 11 sales. That is a 60% increase in one year. There were only 2 full sales of turbo-props for 2008 to 2009, but that jumped to 5 sales in 2009 to 2010. Helicopter sales also surged from 22 sales in 2008 to 2009 to 36 sales the following year.

At the same time as we are gearing up our sales efforts the Chinese are diligently selling the business aircraft concept to their population. They are also addressing and testing the issue of unopened low altitude airspace, which, as they see it, has slowed the growth of the general aviation industry as compared to Brazil or Canada being similar geographically. They are also addressing loosening their burden of restrictions and regulations and expanding their airport facilities.

As a country, they are fully behind a calculated growth, which they believe will exceed 20,000 general aviation aircraft by 2020.