Buisness aviation news
ALTEA knows aircraft inside and out. The organisation is retained by those who want fresh thinking secured by experience in asset management; procurement and sales; financial solutions and design. Team members, Jean Sémiramoth and Andrew Butler share their personal retrospective views on the pre-owned business jet aircraft market in 2022 – and identify what trends can be foreseen in 2023.
WINGX’s weekly Business Aviation Bulletin.
The start of 2023 feels like the start of a rollercoaster. As we crank up the lift hill to the first rush of excitement, what ups and downs – maybe even some loop the loops? – are coming our way in 2023, and what did the last lap of the 2022 track tell us?
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
While annual business jet resale volume was slightly higher for members of the International Aircraft Dealers Association (IADA) in 2022, aircraft dealers indicate that market conditions are normalizing. In the recently released 2022 Fourth Quarter IADA Market Report, IADA accredited dealers and certified brokers reported 1,399 used aircraft sales transactions closed in 2022, compared to 1,370 in 2021, a two percent increase, and the highest total for IADA members in recent memory.
WINGX’s weekly Business Aviation Bulletin.
Fuelled since 2020 by soaring personal stock portfolios, easy access to low-interest cash and a pandemic-induced desire to avoid public airport cattle stalls, interest in flying privately has soared. However, recent metrics now suggest the white-hot market has begun to cool to a more manageable and sustainable level. Words by Brian Foley.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
The General Aviation Manufacturers Association (GAMA) published the Third Quarter 2022 General Aviation Aircraft Shipment and Billing Report. The aircraft manufacturing industry’s results for the first nine months of 2022, when compared to the same period in 2021, point to increasing aircraft deliveries across all segments along with an increase in the overall value of the aircraft shipments.
WINGX’s weekly Business Aviation Bulletin.
In Q3 2022, the business jet market exhibited strong performance, continuing a trend that began in the second half of 2020. Driven by new users and returning customers, flight operations improved on a year-over-year basis, while demand translated into strong order activity as reported by manufacturers.
Inventory levels for most categories of pre-owned aircraft have maintained a steady rise since January, according to new Sandhills Global aviation industry market reports. The reports, which cover used aircraft in Sandhills marketplaces, also show that despite consecutive months of inventory increases (which often coincide with declining asking values), used aircraft asking values have also shown steady increases.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.