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

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. “Global corporate profits were up an estimated 46 percent in 2010, and they have historically been correlated with bizjet deliveries, though there is a one- to two-year lag.” In addition, pre-owned inventories of in-production business jets are now 3 percentage points off the mid-2009 peak; as of late December, that number stood at 11.3 percent. If demand begins to pick up later this year, JPMorgan believes that business jet deliveries could meet its forecast for about 20-percent growth in 2012.

JPMorgan Sees Optimism for Bizjet Recovery

Citing a “significant overhang” of pre-owned jets available at attractive prices, last month’s business jet market report from JPMorgan said business jet d

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