Desert Falcon's Archives
Used Jet Inventory Eases, T-props a ‘Seller’s Market’
by Chad Trautvetter
Pre-owned business jet and turboprop inventories continued to subside in January as sales transactions increased, according to data released by market information firm JetNet. Inventory of used business jets fell to 13.7 percent in January, down by 0.9 percentage points from the year-ago period and down by 0.1 points from December. Business jet sales transactions rose 3.7 percent year-over-year, despite the fact that asking prices firmed up by 14.3 percent from January 2010. Average days on the market for a business jet dropped to 240 days, down by a whopping 129 days from January last year.
