Inventory

January 7, 2014 - 3:10pm

Gulfstream Aerospace plans to boost its aircraft service and support organization by building a new worldwide product support distribution center near its Savannah, Ga. headquarters, the company announced today. The new building is expected to be completed early next year and will consolidate the company’s worldwide material distribution departments. When completed, it will house more than $900 million in parts and materials inventory.

December 11, 2013 - 11:40am

Heli-One has enhanced its website so customers can go to its helicopter Exchange Parts Inventory Channel (Epic) pages. The Epic feature enables customers to do more by connecting them to two searchable databases: Heli-One’s exchange component pool database or its surplus parts inventory database of almost 1,900 items.

December 1, 2013 - 6:00am

As the Great Recession moves into its sixth year, the market for used business aircraft remains something of a quagmire, with some models still searching for a price bottom. But there are bright spots where values have stabilized, and inventory overall is headed in the right direction.

October 2, 2013 - 1:15am
Two-year Inventory Trend

For the first time since the used jet market began to unravel, inventory sits below the level of October 2008. Year-over-year for the past four years, more inventory has been departing the market than has been arriving onto the market and this year could prove a continuation of that trend, with inventory already below last year’s 12-month moving average as the market enters what is historically the most active quarter for aircraft sales.

August 8, 2013 - 3:43pm

“Caution” is the word when it comes to demand for new business jets, according to JPMorgan North America Equity’s latest business jet monthly report, issued today. Though most business jet manufacturers continue to see weak demand at the lighter end of the market and better prospects at the higher end, JPMorgan is concerned about Embraer’s recent comments about “incremental softness at the high end.”

June 13, 2013 - 1:15pm

The pre-owned business jet market showed “incremental weakness” last month, according to the latest business jet monthly report from J.P.Morgan North American Equity Research. “A single month does not make a trend, but May used-market data, including a sequential increase in inventory by 0.4 percentage points and 3.6-percent decline in pricing not seen since the first half of 2009, suggest that business jet demand will remain weak,” it said.

June 2, 2013 - 2:35am

As we approach the halfway mark of the year, the used jet market continues to show improvement in terms of sales, but at the detriment (if you’re a seller) to price. Every day for the past several years, pricing has become more and more attractive to buyers. In retrospect, it seems that no seller left any money on the table when they rolled out of their previous aircraft and turned the keys over to a new owner. That said, buyers are not cloistered away and continue to buy actively, taking advantage of values no one could have ever predicted.

May 30, 2013 - 3:40pm

Pre-owned business jet and turboprop inventories continued their downward trajectory last month, according to data released yesterday by business aviation market information firm JetNet. But the overall picture of the pre-owned market remains mixed at best.

May 16, 2013 - 3:35pm

Inventories of pre-owned business jets and turboprops continued to edge downward in March, according to the latest figures from business aviation market information firm JetNet. While turboprops are a seller’s market, for business jets “it’s still a buyer’s market, with ample inventory at near-low average asking prices,” the company said.

March 26, 2013 - 3:25pm

The number of pre-owned business jets for sale has hovered around the 2,500 level over the past several years since climbing from about 1,600 before 2008, according to business aviation market information firm JetNet. While pre-owned business jet inventory is now receding as a percent of the in-service fleet, it is doing so only because of new aircraft entering service, the company said.

 
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