JETNET Releases August 2012 and First 8 Months of 2012 Pre-Owned Business Jet, Business Turboprop and Helicopter Market Information

Share Article

JETNET LLC, the leading provider of corporate aviation information, has released August 2012 and YTD 2012 results for the pre-owned business jet, business turboprop and helicopter markets.

Worldwide leader in aviation market intelligence

Worldwide leader in aviation market intelligence

While the pre-owned market continues to show improvement, all market metrics have been slow to recover. Much are improved though compared to the lows recorded over the past three years.

JETNET LLC, the leading provider of corporate aviation information, has released August 2012 and YTD 2012 results for the pre-owned business jet, business turboprop and helicopter markets.

Market Summary
Highlighted in Table A to the right, are key worldwide trends across all pre-owned aircraft market sectors, comparing August 2012 to August 2011 as well as YTD numbers. The Fleet For Sale percentages for all market sectors were down in August comparisons, with the largest drop in business turboprops, from 10.1% in August 2011 to 8.8% in August 2012.

Key Metrics (August 2012 vs. August 2011):

For Sale inventories continue to decline.

  •         Business jet inventory for sale is at 13.7% (down 0.1 points from 13.8%)
  •     Business turboprop inventory for sale is at 8.8% (down 1.3 points from 10.1%)
  •     Turbine helicopter inventory for sale is at 6.3% (down 0.4 points from 6.7%)
  •     Piston helicopter inventory for sale is at 6.2% (down 0.3 points from 6.5%)

Full Sale Transactions had mixed results, with only business jets showing growth.

  •     Business jets were up 6.6%
  •     Business turboprops were down 3.2%
  •     Both turbine and piston helicopters were down (9.5% and 11.9% respectively)

Average Asking Prices show mixed results.

  •     Business jets (down 1.1%) and business turboprops (down 5.2%) show decreases
  •     Turbine helicopters (up 12.9%) and piston helicopters (up 2.7%) show increases

Average Days on the Market are all at very high levels.

  •     All market sectors show aircraft on the market more than a year (on average) before a sale, except business turboprops (at 339 days)
  •     In August, all market sectors have shown increases in average days on the market, except for business jets which took 8 fewer days before being sold
  •     Piston helicopters took two months (61 days on average) longer to sell than a year ago

While the pre-owned market continues to show improvement, all market metrics have been slow to recover. Much are improved though compared to the lows recorded over the past three years.

Historically, business aviation has done well when the U.S. GDP growth is 3.0% or greater. The U.S. Bureau of Economic Analysis (BEA) has reported through September 2012 that the real gross domestic product—the output of goods and services produced by labor and property located in the United States—increased at an annual rate of 1.3% in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0%.

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.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Paul Cardarelli

Karim Derbala
JETNET, LLC
41.0.43.243.7056
Email >
Visit website