Molly McMillin | The Weekly Of Business Aviation

Business aviation flight activity in North America posted an 0.6% decline in August compared to a year ago, with decreases in turboprop and large jet activity but increases in light jet and midsize jet activity, according to Argus International’s TraqPak report.  Light jet activity grew 1.9% year-over-year in August, while midsize jet activity rose 1.8%. Meanwhile, turboprop activity declined 3.8% and...

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All of the aircraft included in the aircraft segment graphs on the following pages have a composite score that is presented in the Used Aircraft Market graph. Data points are represented in relationship to the respective new delivered historical price that is equal to 100%. The measure of change is reported in the actual percentage of value in relation to new. The delta between reporting periods can be concluded as...

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By Dennis Rousseau | President and Founder |  AircraftPost

Over the last couple months, we’ve heard many perspectives, and in some cases hyperbole, on market conditions and inventory, most leaning in the direction of too few aircraft on the market and those that are available are too old, new, high priced, wrong equipment, color, etc. Before delving into this further, perhaps it’s prudent to mention that prior to an economic downturn, our markets do in fact act erratically.  As of July 2019, the US economic expansion is now the longest on record, entering its 121st month since the end of the 2009 recession and surpassing the previous 120-month record that ended with the dot com bust.  Conversely, the majority of financial indices are pointing in the direction of a global recession toward the end of this year and there are many countries currently feeling the contraction. China, Japan, Germany, UK, Taiwan, S Korea, Italy and Russia are some of the countries currently experiencing a downturn. Could this have an impact on business jet transactions?  Absolutely.

In terms of new aircraft deliveries, the height of the market was in 2015 when 563 new business jets entered service, almost double the 203 delivered in 2010.  Fast forward and new aircraft deliveries have waned, dropping 13% in just 3 years. In the first 6-months of 2019 we’ve seen 230 new business jet deliveries and even IF sales and production continued on track for the year...

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William Garvey, Jessica A. Salerno and Molly McMillin | Business & Commercial Aviation

In late June, Gulfstream’s G600 received its type and production certificates from the FAA, clearing the way for first deliveries to begin this year. “Getting both authorizations on the same day is evidence of the maturity of our G600 production processes and speaks to the safety and reliability of the aircraft’s design,” said Gulfstream President Mark Burns, who went on to note that the FAA award came less than a year after similar dual certifications were bestowed simultaneously upon the all-new G500. The G600 performance specifications include a 6,500-nm range at Mach 0.85 cruise, or 5,500 nm at Mach 0.90. The new model features a Symmetry Flight Deck, including active control sidesticks and 10 touchscreens. The aircraft can be configured with three living areas in the passenger cabin, plus a crew rest area forward.