Business turboprops came in well below the 10% mark, clearly moving it into a seller's market.
Utica,NY (PRWEB) February 29, 2012
JETNET LLC, the leading provider of corporate aviation information, has released January 2012 results for the pre-owned business jet, business turboprop, and helicopter markets.
Percentage of Fleet For Sale numbers in all market sectors were down in the January 2011 to January 2012 comparisons. Business turboprops came in well below the 10% mark, clearly moving it into a seller’s market.
Business Jet and Business Turboprop Sale Transactions increased 3.7% and 1.4%, respectively, in January 2012 compared to January 2011. Helicopters saw double-digit declines in sale transactions in January 2012 versus January 2011.
Pre-owned aircraft categories showed large increases in average asking price percentages, except for piston helicopters, which showed no change. Business turboprop and turbine helicopter markets both showed increases greater than 50% in average asking prices.
For more than 20 years, JETNET has delivered the most comprehensive and reliable business and commercial aircraft research to its exclusive clientele of aviation professionals worldwide. In 2004, JETNET acquired Aviation Data Services, Inc. (AvData), founded in October 1966. JETNET is the ultimate source for fleet and marketplace information and intelligence. The company offers services for aviation professionals over the full spectrum of business and commercial aviation, including business jets and turboprops; fixed wing and helicopter aircraft; and commercial airliners; as well as management and networking tools for business aviation professionals and executives. Headquartered in its state-of-the-art facility in Utica, NY, JETNET provides multichannel access to real-time, user-friendly, comprehensive aircraft data.