AIR GLOBAL ONE®

November 2009 

Comment by Norwood McDaniel:

 "The genral aviation community owes a huge round of applause to the efforts of our aviation industry leadership.  Pete Bunce of GAMA, Ed Bolen, president and chief executive of NBAA and other GA aircraft mfg leaders have worked tirelessly to stem the negative Washington D.C. backlash against aviation.  Thank you."

Sudden dive shows signs of flattening

As the financial crisis stabilises and hopes of economic recovery grow around the world, there are signs that the slump in the business aviation industry may be finally easing.  The leading indicators that the battered sector has been monitoring anxiously over the past year have begun to look more hopeful – or not so dire.  No longer does every month bring evidence of yet another increase in the burgeoning number of used business jets for sale.  That in turn means plummeting aircraft prices are showing signs of stabilising. The monthly falls in flight activity have slowed in some markets.

A number of manufacturers say they are starting to see purchase inquiries again.

Stock of used jets piles on price pressure

Although current inventory level represents about 15 per cent of the active fleet, some models are more affected than others. JP Morgan’s most recent report said the inventory trend for medium jets was up 20 basis points, for light jets down 20 basis points, and unchanged forheavy jets. Inventories of Embraer, Hawker Beechcraft and Cessna jets decreased, while those of other manufacturers rose.

The Fix

Eliott Spitzer says,

"Stop socializing risk and privatizing profits.  To big to fail is this possible? The congress must reverse this trend. in order to see an economic recovery that represents industrialized america of past." 

Aircraft Lease-Sales and Management is a specialty of AIR GLOBAL ONE^®.

AIR GLOBAL ONE^® is a comprehensive aviation service company based in Carlsbad, California.

Thank you for your aviation business.

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