Pricing

October 25, 2012 - 11:10am
Bombardier Challenger 604

In looking for something to validate my feeling about what a lackluster year it has been in the preowned segment, I compared the year-ago inventory level with this year’s numbers at this time, and even though my gut feeling told me so, the results were still a bit surprising.

Last year’s inventory was 2,572, and this year’s number was exactly the same. In between there have been slight upticks and one small downtick that unexpectedly came this past summer, when inventory more often builds than diminishes.

October 3, 2012 - 5:15am

Finding a pricing floor for many models has been as elusive as the search for Atlantis, but recent market action is giving hope to underwater sellers. The typical summer plumping of inventory never occurred this year, setting the stage for what could be an active wave of buying in the final quarter.

August 2, 2012 - 3:10am

Summer is typically a time the pre-owned market experiences a seasonal bump in inventory, as buyers are out using their jets to get to their favorite summer destinations and aren’t necessarily thinking of buying. This year, however, has been somewhat uncharacteristic and today’s supply of used jets is just about where it was when the year began. The lack of any wild gyrations could be a welcome sign of stability.

July 24, 2012 - 1:02pm

In response to “the current state of the U.S. economy,” Signature Flight Support is levying a new “infrastructure fee” on its customers. The non-waivable per-visit surcharge is–according to a company spokesman–“to assist in recovering expenses for upgrades to facilities, security, insurance increases and other fees charged to Signature to maintain standards for service, safety and security for our customers, crews, passengers and aircraft.” The fee is waived for Signature-based customers departing their home facility and for charity flights.

May 30, 2012 - 1:38pm

Aircraft Sales and Parts is now available to anyone free of charge to search, request pricing and contact the advertiser directly. “If you are looking to buy or sell any type of aircraft or aviation product you have come to the right place,” CEO and co-founder Rob Taylor said. The service is subscription-based (rather than commission-based) for the seller, so any individual can make free inquiries and there’s no charge for sales. Users are allowed to list up to a million parts and/or aircraft from a single account.

May 16, 2012 - 9:00am

UK-based ConnectJets this week at EBACE announced a loyalty program for jet-card customers who expect to fly a total of 25 hours or more in a year. Jet Card Europe starts at $6,006 per hour for very light jets, and ranges up to $7,458 for light jets and $9,900 for midsize jets. The card comes with several benefits, including guaranteed availability, no peak-day restrictions, no positioning costs, no monthly management fees, no extra fuel or airport surcharges and discounts on same-day return trips.

May 14, 2012 - 4:00pm

Stratajet has unveiled a new web portal presenting aircraft charter availability and pricing in Europe. The UK-based company claims that new Stratafleet platform, which is due to go live August 1, will calculate charter quotes more efficiently and accurately than through existing systems.

April 10, 2012 - 4:00pm

Demand for charter flights appears to be climbing again, though charter hourly rates continue to be flat. Online charter portal Avinode says its April 1 demand index was 126.14–some 22 points higher than a year ago and about three points higher than last month.

At 98.1, though, the forward-looking price index for April was little changed from both last year and March 1. Charter pricing in the North American market dropped by two points from a year ago, while in Europe pricing solidified, rising about five points since April 2011.

April 6, 2012 - 2:00am

Someone with more energy than I have is one day going to come up with a gauge that will accurately forecast the direction of aircraft sales just as the list of leading economic indicators predicts the future direction of the economy. Most of us in the industry seem to use our gut instincts to figure out where we are headed, but every day we get bankable hints. One of our sales directors mentioned to me the other day that exclusive aircraft listings are becoming harder to get, adding, “I think that’s probably a good thing.” He’s probably right.

February 3, 2012 - 2:10am
Source: Jetnet

By most accounts the fourth quarter of last year was active. While not atypical for that period, the activity was a good sign for the market that tradition seems to be intact, or at least reestablished after being pushed off course a few years ago. With the U.S. economy doing incrementally better, the hope is that this activity will spill into the first quarter and beyond. Many eyes now are cast upon Europe, where last month S&P lowered its credit ratings on nine nations.

 
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