Entries in Situational Awareness (7)
Pre-owned Business Jets For Sale Rise 5% In January
Tuesday, March 10, 2020 at 3:46PM Molly McMillin | Editor in Chief | The Weekly of Business Aviation
The available fleet for sale in January totaled 1,746 units, or 7.4% of the active fleet. The figures compare to 1,825 aircraft for sale in December and 1,667 a year ago. When looking at aircraft currently in production or fewer than seven years out of production, 6% of the fleet was for sale. Heavy jet inventories rose 7% compared to a year ago, while medium jet inventories rose 10% in January, according to Jefferies.
The number of Bombardier business jets for sale in January rose 42% to 169 units compared to a year ago, while...
European BizAv Activity Up In December, Declines In 2019
Tuesday, March 10, 2020 at 3:41PM 
Molly McMillin | Editor in Chief | The Weekly of Business Aviation
Business aviation activity in Europe grew 2.9% in December compared to a year ago, although activity for the full year declined 1.6% compared to 2018, according to WingX Advance.
In December, business jet activity rose 4.5% compared to a year ago, while charter activity rose 7%.
Flight activity declined 3% from the UK in December, although most of the other larger markets posted gains, especially in Italy and Austria, WingX said.
Large jet activity increased the most during December, most notably in France, Germany and Italy. Small and midsize jet traffic rose 15% in Italy but declined 8% in...
Business aviation activity, December, Europe, Winter in Situational Awareness North American Business Aircraft Activity Rises 6.9% In December
Tuesday, March 10, 2020 at 3:39PM Molly McMillin | Editor in Chief | The Weekly of Business Aviation
Business aircraft activity soared in December with a 6.9% increase compared to a year ago, according to Argus International TraqPak data, while weekend activity rose 23%.
Activity was positive in all operational and aircraft categories. The largest increase was in fractional activity, which rose 11.5%, followed by a 7.1% increase in Part 135 activity and a 5.5% increase in Part 91 activity.
Midsize jet activity rose 8.9%, light jet activity rose 7.6%, large jet activity rose 7.2% and turboprop activity rose 4.3% in December compared to...
Used Bizjet Market Active Ahead Of Presidential Election—Mente Group
Tuesday, March 10, 2020 at 3:29PM Molly McMillin | Editor in Chief | The Weekly of Business Aviation
The pre-owned market for business jet sales for the rest of 2019 will be busy as buyers and sellers seek to avoid the uncertainty that comes with a presidential election, according to the Mente Group.
The fourth quarter has been active, the Dallas-based company says.
“With more aircraft on the market recently, buyers and sellers are seeking to make deals before the end of the year to hedge against the economic, political and tax uncertainties that 2020 might bring,” said Brian Proctor, Mente Group president and CEO.
The pre-owned business jet market is balanced today, with an equal number of...
BizAv Trends to Watch for in 2020
Tuesday, March 10, 2020 at 3:20PM 
Molly McMillin | Editor in Chief | The Weekly of Business Aviation
Key trends to watch for in business aviation in 2020 include an acceleration in electric aircraft, an increase in sustainability communication, a resolution of Brexit, more industry consolidation and other issues, says Adam Twidell, CEO of PrivateFly, an on-demand private charter company.
“The next 12 months are set to bring more innovation and growth–including steps forward in our technology and more exclusive on-demand offerings for our clients,” Twidell said. “But what can the wider industry expect to see in 2020? Here are my predictions for the year ahead.”
First, acceleration in business aircraft.
Business aviation will be the first subsector to implement electric aviation. The first generation of certified electric aircraft will include...
2020, Business Trends, business aircraft in Situational Awareness 