Bradley Perrett and John Morris | Aviation Week & Space Technology

Chinese demand for business aircraft has flopped again, disappointing manufacturers for a second time this decade. Economic weakness is one of many factors; politics, never far below the surface in China, is another. Usage of business aircraft in China is also falling behind expectations, especially operations by foreign owners. It looks like international interest in trade and investment deals in China has dropped and, with it, the need for top executives to go there. Dassault has most...

Click Here to Read More

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

Used Business Jets for Sale and Prices Rise in March

The number of used business jets for sale grew 3% in March compared to a year ago, while average list prices increased 3%, according to Jefferies.

The used fleet for sale in March is 40% below its peak in October 2009.

Inventory levels for sale during the month totaled 1,752 aircraft, compared to 1,697 in March 2018, equaling 7.6% of the total fleet, including all models and vintages.

Heavy jets for sale declined 4% year-over-year with 365 jets on the market, compared to 379 a year ago. Medium jet inventories decreased 2% in March, representing 7.2% of the active fleet, while the number of light jets for sale rose 11%. The number represents 9.4% of the active fleet available for sale, compared to 8.6% a year ago, Jefferies said.

“The used market inventory is likely to take time to bleed through and thus will impact new aircraft pricing,” Jefferies said.

Jefferies forecasts new business jet deliveries to grow 8% in 2019 after a modest decline in 2018. It expects heavy jet deliveries to rise 29% in 2019 due to new model deliveries. Growth will be largely due to the Global 7500, G500 and G600, with a modest offset from lower deliveries of legacy models.

Medium-size jet deliveries could rise 5% to 237 aircraft, Jefferies said, while light jet deliveries are expected to decline 6% year-over-year.

Nearly all the growth in the medium-size market is expected to come from the Citation Longitude, which are...

Click Here to Read More

Subscribe to the Aircraft Bluebook Marketline newsletter.

By Chris Reynolds, ASA | Editor/Aircraft Appraiser | Aircraft Bluebook

Aircraft Bluebook At-a-Glance has reviewed the current market status of the Gulfstream G550 business jet. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry web site and various trade services.

Demand
The G550 fleet sits at approximately 564 active aircraft. At the time of this writing, approximately 20 G550s, representing approximately 3.3 percent of the active fleet, were reported for sale. Last year, approximately 40 sales appear to have occurred with the days on market ranging anywhere from 200 to 250+ days.

Pricing
Current offerings in the G550 market range from $15 million to $35 million. Airframe time varies from a thousand hours to...

Click Here to Read More

Subscribe to the Aircraft Bluebook Marketline newsletter.

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

Business jet deliveries to the Middle East are expected to total nearly 200 aircraft over the next decade, according to data from the Aviation Week Network, with 12 deliveries in 2019 rising to 20 in 2028. The top deliveries through the 10-year period from 2019 through 2028 are expected to be...

Click Here to Read More

Subscribe to the Aircraft Bluebook Marketline newsletter.

By Dennis Rousseau | President and Founder | AircraftPost

After all the conjecture and speculation throughout the year, 2018 finished with mixed results. Some market dynamics fared better than others and a few select make/models showed a modest uptick in YOY value. Excluding VLJs and modified airliners, new business jet deliveries (entry- into-service) slipped from 471 in 2017 (3,927 total aircraft) to 467 in 2018 (4,393). The number of current production aircraft that came on the pre-owned market nearly mirrored those that entered service, showing 471 aircraft on market in 2017 and...

Download the full winter 2018 issue of Aircraft Bluebook Marketline to read more.

Subscribe to the Aircraft Bluebook Marketline newsletter.