According to UBS Investment Research’s latest business jet update, flight activity in November was roughly unchanged from the same period in 2008, stemming the year-over-year declines seen in each of the previous 24 months. On a seasonally adjusted basis, cycles were roughly 1 percent higher from October and are now 18 percent above their March low, though still 23 percent below the 2007 peak.
Jet Professionals, a division of Jet Aviation, is making its Crew Advantage program available to business aviation crews globally. Already available in the Americas, starting this month Crew Advantage is being extended to cover Europe, the Middle East, Africa and Asia. The program covers pilots, cabin crew and technical personnel.
UBS Investment Research’s latest monthly business jet market report, released yesterday, shows that business condition indicators have stabilized and in some cases are moving higher. Its November business jet market index came in at 45, some 5 percent higher than UBS’s prior survey and the seventh straight move higher. However, the index has not yet crossed the 50 threshold indicative of actual improvement in market conditions.
In its latest Business Jet Update released yesterday, UBS Investment Research predicts 8- to 10-percent growth in bizjet flight activity for the coming year, with a 12- to 14-percent increase in movements for the first half of next year, based on recent trends.
UK-based International Bureau of Aviation (IBA) is offering an aircraft valuation tool called Jet Values 2. This Web-based product (www.jetvalues2.com) provides 24/7 information to customers needing current and forecast aircraft values.
NBAA and the General Aviation Manufacturers Association last month at the NBAA Convention launched the Business Aviation E-Valuation Toolkit, an online resource to help calculate and explain the value of business aircraft in relation to a company’s business objectives.
Deterioration in the business jet market is continuing to slow, according to UBS Investment Research’s latest monthly business jet report. The September market index came in at 43, some 16 percent higher than in July and the sixth straight move higher but still short of the 50 mark that indicates market growth.
Global Aerospace has announced its online insurance certificate processing site, www.eCert.global-aero.com. By early 2010, brokers and customers of the Short Hills, N.J.-based company (Booth No. 1845) will be able to issue and print insurance certificates anywhere in the world.
Deterioration in the business jet market is continuing to slow, according to UBS Investment Research’s latest monthly business jet report, which was released on Friday. The September market Index came in at 43, 16 percent higher than in July and the sixth straight move higher.
Market conditions for pre-owned rotorcraft are “below normal levels and falling,” according to a monthly rotorcraft survey from UBS Investment Research in early September.
The firm’s latest rotorcraft composite index, which measures overall business conditions, came in at 40, about 5 percent higher than the previous UBS survey. But it remained 10 points below conditions indicative of growth.