JetNet: Bizav Operators in Buying Mood

JetNet’s results from its quarterly iQ Global Business Aviation Survey, which garnered responses from 506 business aircraft owners and operators in 57 countries, indicate that about 40 percent plan to buy a new or pre-owned business jet or turboprop over the next 12 months. “The industry appears to be on the verge of a significant rebound in net orders,” it noted. Respondents were asked about intentions to buy and sell turbine airplanes, aircraft purchase criteria and flight-hour utilization, among others. The results show that 12 percent of respondents indicated a strong probability of purchasing a new business jet or turboprop over the next 12 months, while 17 percent said they were very likely to purchase a pre-owned jet or turboprop over the next year. Latin America, the Caribbean and Asia Pacific have the highest purchase likelihoods, JetNet said.