The executive charter sector appears not to be making a promising start in the Northern Hemisphere summer season, according to the latest demand projections from online charter portal Avinode. As of June 5, the company’s forward-looking demand index showed anticipated aircraft bookings for the next 30 days generally down compared with the May 5 index.
Bedford, Mass.-based Jet Advisors is offering a new tool, dubbed the Private Jet Index, to support the aircraft-selection process by ranking and statistically scoring more than 30 parameters. Company president Kevin O’Leary said the patent-pending index also considers the needs and wants of each individual buyer and then weighs the aircraft scores accordingly.
The latest data from online charter portal Avinode shows a contrasting picture of demand fluctuations on either side of the Atlantic Ocean. Its forward-looking demand indices for March 4 shows demand in Europe picking up significantly in the light, midsize and heavy jet categories tracked, with the biggest increase being in the midsize segment where the index rose by almost 67 points month-over-month, to 184.6.
Irish leasing company Avolon has endeavored to dispel what it characterizes as some common misperceptions about the market implications of the introduction of the Boeing 737 Max and Airbus A320Neo in a new report titled Transitioning to Neo and Max: An Investor’s Guide. Speaking last Monday on a conference call from Dublin, Avolon executives argued for the likelihood of an orderly and healthy transition from the Airbus A320ceo (current engine option) and 737NG to their re-engined counterparts,
Inadequate infrastructure, excessive government fees, legal barriers and skills shortages are the main factors holding back the growth of business aviation in Africa, according to a policy document published yesterday by the African Business Aviation Association (AfBAA).
The only certainty is continued uncertainty when it comes to the outlook for the global economy in 2012. For business aviation at least, it used to be assumed that you had to look only at the state of the world’s major stock markets to assess the market’s prospects. But share price fluctuations tell only a small part of the story these days.
Given the world economic slowdown and signs that flying by business
operators is down, how concerned are you about a falloff in sales?
Bombardier is obviously following the broader market situation very closely. So far, growth and need are so strong that we’ve had a record first half; the value proposition that business aviation brings has surpassed the economic drag.