Safety & Training
JetNet LLC release pre-owned purchasing activity
March 1, 2012, Utica, N.Y. - JETNET LLC has released January 2012 results for the pre-owned business jet, business turboprop, and helicopter markets.
By Carey Fredericks
Highlighted in Table A are the key worldwide trends across all aircraft market segments, comparing January 2012 to January 2011. Percentage of Fleet For Sale numbers in all market sectors were down in the January comparisons. Business turboprops came in well below the 10% mark, clearly moving it into a seller’s market.
Business Jet and Business Turboprop Sale Transactions increased 3.7% and 1.4%, respectively, in January 2012 compared to January 2011. Helicopters saw double-digit declines in sale transactions in January 2012 versus January 2011.
Pre-owned aircraft categories showed large increases in average asking price percentages, except for piston helicopters, which showed no change. Business turboprop and turbine helicopter markets both showed increases greater than 50% in average asking prices, as shown in the Worldwide Trends Table A.