The used business jet market has not yet reached equilibrium. That was the general consensus among industry experts at the National Aircraft Resale Association (NARA) forum in Dallas at the end of February.
Financial economics
March 30, 2009 - 5:04am
In addition to the costs of acquisition, prospective buyers must consider the costs–especially insurance and taxes–they will incur once they own the aircraft. To that end, aircraft management contracts with well thought-out insurance provisions should be integral to the aircraft acquisition process, said Bill Kingsley, an account executive with the Addison, Texas-based brokerage AirSure.
March 30, 2009 - 4:59am
It is the best of times to purchase a business jet…and the worst of times to finance it. That was the message to the 23 attendees at the ninth annual Conklin & de Decker Aircraft Acquisition Planning seminar, held recently in Scottsdale, Ariz.
March 19, 2009 - 12:07pm
On Monday, JetDirect Aviation and JDA Acquisition Company (JDAAC) solidified an agreement for JDAAC’s purchase of JetDirect’s assets.
March 19, 2009 - 11:58am
UBS Market Research’s latest snapshot of the business jet market shows continued incremental deterioration in market conditions last month, although at a slower pace than in the November-to-January time frame.
February 21, 2009 - 11:28am
As of this month, USAIG (U.S. Aircraft Insurance Group, Booth No. 1730) has contributed more than $5.1 million toward Bell, American Eurocopter, MD Helicopters and AgustaWestland training programs through the company’s preferred policyholder program.
January 28, 2009 - 7:06am
UBS Investment Research’s January 6 business jet update indicates that flight activity, measured by takeoffs and landings, was 10 percent lower in November on
January 27, 2009 - 10:14am
By the end of next month, JetDirect Aviation expects to close a deal with a private-equity firm “with significant private aviation experience” that will see the charter/management company backed by a new control investor, according to a letter sent to JetDirect clients last week. This follows JetDirect’s selling its three FBOs and unwinding recent acquisitions by selling Presidential Jets and Sunset Aviation back to their original owners.
January 27, 2009 - 10:05am
Business jet flight activity last month fell 19 percent from the same period a year earlier, although that was better than November’s 25-percent drop-off, according to a business jet market report issued this morning by UBS Investment Research. Flight activity for the entire year was off nearly 12 percent compared with 2007. About 86 percent of the flights UBS tracked last month were U.S. domestic flights and the remainder was international.
December 29, 2008 - 7:04am
UBS Investment Research’s business jet survey released late last month shows a contracting market index that is “reflective of a market that continues to rapidly deteriorate.” According to UBS analyst David Strauss, “We believe this [is] a market with few serious buyers, too much supply and pricing that has fallen 25 percent or more over the past six to eight weeks.” A lack of financing is also endangering aircraft manufacturers’ backlogs, UB
