Light Bizjets Gaining Momentum, Say JPM Analysts | Aviation International News

Light Bizjets Gaining Momentum, Say JPM Analysts

Steady growth of about 4 percent in U.S. business jet flight operations underlies the recovery.

By Chad Trautvetter • Online Editor

December 2, 2014

Light business jets are “gaining momentum,” according to J.P. Morgan Investment Research’s latest business jet monthly report. “The U.S. accounts for about 60 percent of the global business jet fleet, and after more than five difficult years, demand is improving.”

The firm said that light jets in particular should benefit since North America accounts for two-thirds of deliveries in this segment. J.P. Morgan aerospace analyst Joseph Nadol III noted that steady growth of about 4 percent in U.S. flight operations underlies the recovery, and pricing of pre-owned light jets is nearly flat year-over-year and is thus faring better than other categories.

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