JetNet: Used Bizjet Market Making ‘Strong Recovery’

“A strong recovery of the pre-owned business jet market full-sale transactions is under way in 2012 and should result in a new record peak activity, surpassing that last seen in 2007,” business aviation market information firm JetNet said yesterday in its latest market update. The compounded annual growth rate for sales transactions of used business jets has averaged 12.2 percent, it noted.