February 22, 2011 - 9:45am

The market for pre-owned business aircraft will remain flat for at least another 12 to 24 months and may not completely emerge from the down cycle until 2013 or 2014, according to Freestream Aircraft chief executive Alireza Ittihadieh.

January 30, 2011 - 9:00am

Citing a “significant overhang” of pre-owned jets available at attractive prices, last month’s business jet market report from JPMorgan said business jet demand remains “anemic” while new aircraft backlogs continue to decline. “We see potential for further rate cuts if orders do not pick up. However, there are reasons for optimism,” noted JPMorgan aerospace analyst Joseph Nadol III.

January 27, 2011 - 10:12am

For prospective buyers of business aircraft there’s good news and not so good news.

The good news is that there are some great bargains on pre-owned turbine-powered aircraft languishing in a stubbornly large inventory of unsold aircraft. Many companies and even sole proprietorships may be able to afford a corporate or personal jet that they wouldn’t even have contemplated acquiring just three years ago before prices tanked.

January 27, 2011 - 9:13am

Jupiter, Fla.-based business jet broker The Private Jet Company (TPJC) believes that the “confluence of factors creating the current buyer’s market” will not last beyond 12 months. While the firm clearly has a vested interest in encouraging the purchase of pre-owned business jets, it cited third-party data sources to support its claim.

January 13, 2011 - 11:09am

“Will the overhang finally abate enough in 2011 to drive new [business jet] orders?” JP Morgan North American Equity Research aerospace analyst Joseph Nadol III asked in his firm’s latest monthly business jet report, released on Tuesday. Citing a “significant overhang” of pre-owned jets available at attractive prices, the report said business jet demand remains “anemic” while new aircraft backlogs continue to decline.

December 21, 2010 - 11:08am

In its latest monthly business jet report, released last week, investment research firm UBS saw a slight increase in the overall used aircraft inventory in November, its fourth straight monthly increase following a steady declining trend over the past 14 months. Available aircraft inventories were 3 percent higher than those in July.

December 6, 2010 - 12:30am

Middle Eastern clients are the largest group of aircraft owners joining what is arguably the world's fastest growing aircraft register: the Isle of Man. The offshore tax haven located in the Irish Sea between Britain and Ireland formed its own register just over three years ago and more than 300 aircraft already have flocked to its jurisdiction.

December 5, 2010 - 11:00pm

Universal Weather & Aviation (Stand C235) has doubled the number of countries covered by its UVAir service to provide fuel invoicing that is compliant with requirements for value added tax (VAT) due on aircraft fuel in Europe.

November 30, 2010 - 10:17am

CRS Jet Spares reports a 25-percent decrease in customer additional billings (billbacks) over the past 18 months as a result of its Option 2 pricing program.  
When an operator needs a part, an exchange transaction is the common method of handling the purchase. The problem with that type of transaction is there’s the chance of a billback to the operator at a later date based upon the actual condition of the core.

November 30, 2010 - 4:17am

Business aircraft trading has started to move more freely, but the fallout from the financial crisis continues to cast a shadow over the market, according to JetBrokers Europe. The UK-based group says brokers are having to work harder and be more inventive to get deals closed. And buyers are facing much closer scrutiny from lenders.