JETNET, a leading provider of corporate aviation information and a member of the National Aircraft Resale Association (NARA), recently released January 2013 results for the pre-owned business jet, business turboprop and helicopter markets.
All market sector percentages of Fleet For Sale were down in January comparisons, except for piston helicopters. Business turboprops moved even lower, well below the 10% of Fleet For Sale mark, which clearly moves it into a seller’s market. Business jets are the only market sector showing greater than a 10% For Sale percentage. See the table below:
Worldwide Trends
January | Business Aircraft | Helicopters | ||
| Jet | T/P | Turbine | Piston | |
| % of Fleet For Sale January 2013 | 13.2% | 7.9% | 6.1% | 6.1% |
| % of Fleet For Sale January 2012 | 13.7% | 9.3% | 6.4% | 6.0% |
| Change in % For Sale | (-0.5) pt. | (-1.4) pt. | (-0.3) pt. | 0.1 pt. |
Source: JETNET
Looking at Full Retail Sale Transactions, the business jet sector decreased in January 2013 by 1.8%, only the second time since January 2009 that it showed a decline in Full Retail Sale Transactions. The business turboprop sector was the only one to show an increase, at 5.7%, in January 2013 compared to January 2012.
Also worthy of note is in the January 2013 comparison to January 2012, Turbine Helicopter Full Retail Sale Transactions fell from 100 to 67, or 33%. This is the lowest number of transactions since January 2007. In January 2013, Full Retail Sale Transactions for piston helicopters also showed its largest decline since 2007 in the number of transactions, to 51.
You can view the full report from JETNET on their blog at http://jetstreamblog.com/.
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 on 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 about JETNET LLC, go to www.jetnet.com or call 315.797.4420.