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…

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…