UTICA, 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.
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.