Molly McMillin | Editor in Chief | The Weekly of Business Aviation

Business aviation activity in Europe grew 2.9% in December compared to a year ago, although activity for the full year declined 1.6% compared to 2018, according to WingX Advance. 

In December, business jet activity rose 4.5% compared to a year ago, while charter activity rose 7%. 

Flight activity declined 3% from the UK in December, although most of the other larger markets posted gains, especially in Italy and Austria, WingX said.

Large jet activity increased the most during December, most notably in France, Germany and Italy. Small and midsize jet traffic rose 15% in Italy but declined 8% in...

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From The Weekly of Business Aviation, Aviation Week Intelligence Network / awin.aviationweek.com

Used Bizjets for Sale Up 2% in June

The number of used business jets for sale rose 2% in June to 1,772 aircraft, which represents 7.6% of the active fleet, according to a report by Jefferies.

Inventories of heavy jets rose 3% year-over-year, while medium jet inventories declined 2%.

The number of newer aircraft on the market represents 5.8% of the used fleet, “which may be a relatively low level as we have been hovering at this rate for a year or so,” Jefferies said. “We now expect new deliveries to grow by 8% in 2019 after a modest decline in 2018.”

The inventory levels of used Dassault jets on the market declined 2% in June compared to a year ago, with 57 aircraft for sale. Pricing rose 6%, driven by the Falcon 2000 series.

Gulfstream inventories rose 6% from a year ago with 89 aircraft for sale, up from 84 a year ago. Pricing declined an average of 13% from a year ago.

The number of Cessna business jets for sale rose 13% from a year ago with 213 aircraft for sale, representing 5.9% of the active fleet. Average list prices rose 3% from...

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