Business jets are the only market sector showing greater than a 10% For Sale percentage.
Utica, NY (PRWEB) March 07, 2013
JETNET LLC, the leading provider of corporate aviation information, has released January 2013 results for the pre-owned business jet, business turboprop, and helicopter markets. Percentages of Fleet For Sale for all market sectors, except piston helicopters, were down in the January year-to-year comparisons.
Comparing January 2013 to January 2012, all market sector percentages of Fleet For Sale were down in the January comparisons, except piston helicopters. Business turboprops moved still lower, and well below the 10% mark, clearly moving it into a seller’s market. Business jets are the only market sector showing greater than a 10% For Sale percentage.
Full Retail Sale Transactions
In January 2013 the business jet sector decreased 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.
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 in the number of transactions since 2007, to 51.
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.