AvBuyer Magazine - July 2018

(coco) #1

  • There was just one Falcon 7X delivered new in
    the last five years that was listed ‘For Sale’ at
    press time.

  • There were just three Global 6000 and three
    Gulfstream G550 aircraft of similar vintage on
    the used market.


The tightening of young, used inventory has
been one of the most important market
developments in the last several months, and
portends better days ahead for business jet OEMs,
who have become accustomed to the flat, “steady
as she goes” conditions of the last several years.

Surging Market Optimism
Optimism amongst business aircraft owners and
operators as to the state of the Business Aviation
market is currently at its highest point in 7.5 years,
based on results from the Q2 2018 JETNET iQ
Survey.
Customers who believe that the Business

Aviation industry is past the low point in the current
business cycle (those we call ‘optimists’)
outnumber pessimists by a factor 4.5-to-1.
Encouragingly, sentiment amongst Large-Cabin
business jet owners and operators appears to have
rebounded, at least based on the most recent
survey results, which include responses from more
than 50 countries.

Sunny Outlook?
Does all this suggest that we are “out of the woods
and into the summer sunshine” at the mid-point in
2018? It certainly looks that way. Nevertheless,
unwelcome storm clouds are billowing on the
horizon, in the form of back-and-forth trade spats
and tariffs between the United States and most of
its key trading partners.
Here’s hoping that these tempests are localized
and that they will give way to warm, dry breezes
and friendlier skies sooner than later.
MIwww.navigating360.com continued on page 22

Advertising Enquiries see Page 12 http://www.AVBUYER.com July 201 8 – AVBUYERMAGAZINE 19

Rollie Vincent is President of Rolland Vincent Associates.
His aviation market analysis is second to none, and
he is the creator/director of the JETNET iQ program.
With a solid background in market research, economics
and statistics, he has more than 30 years of experience
in business, regional and international aviation.
Contact him via [email protected]

“The tightening of young, used inventory has been one of the most


important market developments in the last several months.”


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