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

The worldwide inventory of pre-owned business jets on the market decreased from 18 percent to 17.2 percent of the in-service fleet last month, according to a market update <a href="http://www.aso.com/AMSTATMarketUpdate.pdf" target="_blank">report</a> released this week by Tinton Falls, N.J.-based Amstat. “When we examine the past several months worth of market data, the trend does seem to indicate that it’s likely that we have seen the peak in terms of used business aircraft for sale,” said Tom Benson, executive vice president of the corporate aviation research and services firm. However, in late 2007 and early last year this metric hovered around 10 percent for jets and 8 percent for turboprops, and since 1990 the average has been about 12 to 13 percent. The report also points out that business jet resale transactions have increased from 0.6 percent of the worldwide fleet per month to 0.8 percent for each of the most recent three months. Although these improvements might not represent the end of the downturn for pre-owned business jet sales, Benson said they likely can be considered to be “the first signs of market stabilization.” Amstat will be exhibiting at Booth No. 2218 next week at the NBAA Convention in Orlando, Fla.

Pre-owned Bizjet Market Stabilizing, Amstat Says

The worldwide inventory of pre-owned business jets on the market decreased from 18 percent to 17.2 percent of the in-service fleet last month, according to

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