JETNET releases August and first eight months 2010 pre-owned business jet, business turboprop aircraft and helicopter market information | Press Release

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Press Release

Issued by JETNET.

September 30, 2010

JETNET releases August and first eight months 2010 pre-owned business jet, business turboprop aircraft and helicopter market information

JETNET LLC, the leading provider of corporate aviation information, has released the August 2010 results for the pre-owned business jet, business turboprop, and helicopter markets.

Market Summary

Business Jet inventory For Sale shows the largest change (down 2.5 points), to 14.9% from 17.4%. Most important is the percentage change in the Sale Transactions; Business Jets led with the largest percentage gain, 30.1%, compared to 2009. All aircraft categories are taking longer to sell in 2010, ranging from 40 to 124 more days in the YTD comparisons. The Piston Helicopter segment is the only one in the aircraft market to show an increase in average asking price (of 2.4%). However, the Piston Helicopter segment is also the only one to be down in sale transactions (a 6.4% drop).