JetNet: Used Bizjet Market Swings To Seller’s Market

The preowned business jet market transitioned to a seller’s market in December, with inventory now at 9.9 percent, just below the 10 percent threshold of inventory for sale and down from 11 percent in December 2016, according to data released yesterday by JetNet. Inventory of preowned business jets has decreased steadily from a high point of 2,938 aircraft in July 2009, or 17.7 percent of the in-service fleet, to 2,143 jets in December…

NBAA Chief: ATC Privatization Battle Far from Over

“The battle over ATC privatization won’t end with Transportation Committee chairman Bill Shuster’s retirement,” NBAA president and CEO Ed Bolen said this morning at the NBAA regional forum in West Palm Beach, Florida. “We’re using the regional forum to call members to action on this very issue.” Shuster (R-Pennsylvania) announced early this month that he…

Expect Avionics Upgrades, New Technology in 2018

With the Federal Aviation Administration’s change to allow lower-cost modern electronics to be more easily used in cockpits, BJT sister publication Aviation International News expects further developments from this trend, and many new upgrade opportunities for older aircraft. Head-up displays (HUDs), long exclusive to larger aircraft because of their weight and complexity, will find new…

Merry Christmas From CFS Jets

We would like to wish our clients, families and friends a very Merry Christmas and Happy New Year! As we reflect on the last year, we are truly grateful for all of you that support us and contribute to the continued success of CFS Jets. We hope you enjoy the holiday season with your loved…

ADS-B: Where We Are Now

Highlights In September 2016, the FAA began offering a $500 incentive to help general aviation operators defray ADS-B equipment and installation costs and encourage them to equip now. Aircraft operating in most controlled U.S. airspace must be equipped with ADS-B Out by January 1, 2020. ADS-B uses GPS satellites to determine aircraft location, ground speed,…