Used Business Aircraft Fleet Value Primed For Decline | Business Jet Market | Ainonline News

A shrinking inventory of newer preowned business jets and turboprops is threatening overall values as the remaining for-sale fleet gives way to older, harder-to-sell aircraft, according to Asset Insight’s first quarter 2019 Market Report that was released late last week. The report analyzes values for every production year of modern make and model business aircraft listed for sale during the period.

During the first quarter, overall demand—measured by days on the market and percent of the make and model fleet for sale—improved slightly, helped by large-cabin and midsize business aircraft, while asking prices for midsize and light jets rose by 3.4 percent and 1.6 percent, respectively. But as a whole, the overall value of the report’s tracked pre-owned fleet decreased 5 percent in the three-month period.

Business jet market report offers a detailed analysis of the light, mid-sized, and large aircraft type.

Key players in this market are Bombardier Inc. (Canada), Gulfstream Aerospace Corporation (U.S.), Cessna Aircraft Company (U.S.), Dassault Aviation S.A. (France), and Embraer S.A. (Brazil).

The business jet market is segmented into three broad segments namely; Light jet, Mid-size jet, and large jet. The light and mid-size jet segment is expected to show considerable growth by 2020.

As the for-sale fleet of business aircraft continues to trend older, asking prices are expected to slide because of a decline in fleet quality and an increase in maintenance exposure, according to the Las Vegas-based firm’s report..WIKI

“Newer aircraft continue to sell quickly and for solid prices, but there are fewer and fewer of those low-time, high-quality aircraft available on the market,” said Asset Insight president Tony Kioussis. “Buyers could see real opportunities in the second quarter for older, higher-time aircraft, as we expect prices to continue to decline across all market segments.”

Business Jet Market | Boeing business jet | Boeing 777

Business Jet Market 

According to the new market research report "Business Jet Market by Aircraft Type (Light Jet, Mid-size Jet, Large Jet), by Geography (North America, Asia-Pacific, Europe, the Middle East, Latin America, and Africa) - Global Forecasts, Trends & Analysis to 2014 - 2020", the global business jet market was valued at $20.9 billion in 2013 and is expected to reach $33.8 billion by the end of 2020, to grow at a CAGR of 6.86%.

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https://www.marketsandmarkets.com/discountreports.asp?id=33698426

Browse 93 market data tables and 59 figures spread through 129 pages and in-depth TOC on “Business Jet Market - Global Forecasts, Trends & Analysis to 2014 - 2020” 

Early buyers will receive 10% customization on reports.

     

This report provides a market analysis of the business jet market for the next five years. It provides an overview of the drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the business jet market.It tracks, analyzes, and lays out the market size of the major spenders in each region and analyses the types of business jet aircraft such as light jets, mid-sized jets, and large jets.It provides information of the leading competitors in the business jet market.

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https://www.marketsandmarkets.com/Market-Reports/business-jet-market-33698426.html

It also provides details on their financial positions, key products, their unique selling points, and key developments.This research report segments the market on the basis of aircraft type, region, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.

The business jet market can qualitatively be segmented into two major categories-branded charters (which also include air taxis) and fractional ownership. The air charter market has shown significant growth since its inception, which was about five decades back. There were about 3,650 worldwide charter and air taxi fleet in 2013. The primary demand for chartered flights is due to consistent demand from North America and Europe, which constitutes 70% of the total demand. In the recent past, the strongest fleet growth in the charter market has been observed from APAC, Latin America, and Africa.

A competitive landscape with respect to the identification of key players and their market share has also been provided in the report. The strategic profiling of key players of the business jet market, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment have been identified.

Key players profiled in the report are Bombardier Inc. (Canada), Gulfstream Aerospace Corporation (U.S.), Cessna Aircraft Company (U.S.), Dassault Aviation S.A. (France), and Embraer S.A. (Brazil).

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