Amstat: Bizjet Sales on the Rise
The bizav transaction tracker said the first nine months of the year have been the busiest in a decade in terms of jet sales.

Business aviation data provider Amstat (Booth 2968) has noted increasing sales activity in the industry of late. According to the Tinton Falls, N.J.-based company, a greater percentage of the active fleet of business jets (7.8 percent) sold in the first nine months of 2014 than in the same period in any year over the last decade.

In the recently ended third quarter, the size of the business jet fleet for sale shrank to 11.2 percent, making it the lowest percentage seen since March 2008, before the start of the economic downturn. “The business jet transaction activity is clearly leading today’s resale market recovery,” said Amstat general manager Andrew Young.

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