Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

J.P. Morgan’s latest business jet report indicates “evidence of stabilization” in the business jet market “but no improvement.” According to the report, pre-owned business jet inventories remain at record highs–staying at about 14.5 percent of the in-service fleet for the fifth consecutive month–but have not gotten much worse. Pre-owned aircraft prices have continued “a steady downward march toward supply-demand equilibrium,” noted J.P. Morgan aerospace/ defense analyst Joseph Nadol III. Compared with the preceding month, prices fell 1.9 percent in July, with used large-cabin jets experiencing the most contraction at -2 percent. Meanwhile, business jet flight activity continued to flatten sequentially, with 285,000 takeoffs and landings recorded in the U.S. in June, a 21-percent decline over the same month last year. “We still see few signs of moving off the bottom, however, and were not much encouraged by second-quarter earnings,” Nadol concluded.

J.P. Morgan: Bizjet Market Stagnant

J.P.

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