Entries in forecast (2)
10-Year Forecast Projects 8,200 New Business Jet Shipments
Wednesday, November 13, 2019 at 1:28PM By Molly McMillin | The Weekly of Business Aviation, Aviation Week Intelligence Network
Over the next decade, manufacturers are expected to deliver 8,200 new business jets valued at $212.0 billion at retail prices, and more than 2,725 business turboprops, a modest increase in the market according to the Aviation Week Network’s Fleet & MRO Forecast. The business jet forecast for 2020 to 2029 is down somewhat from the 10-year outlook released last year, reflecting the most recent slowing of the market, the anticipation of an upcoming decline in the U.S. and world economies along with ongoing trade disputes, which could impact the industry, said Brian Kough, Aviation Week Senior Director of Forecasts and Aerospace Insights. The business aviation sales market in 2019 began well, but has since flattened, Kough said. According to initial evidence from Aircraft Bluebook ongoing research, used aircraft trades during the second half of the year have slowed as well...
Situational Awareness
Wednesday, July 24, 2019 at 7:17PM 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...