Business aviation intelligence firm Amstat (Booth N1904) reports an overall flat resale market for business jets in the third quarter, with 2.5 percent of the active fleet turning over versus 2.7 percent a year ago and overall the lowest quarterly performance in the last three years. Midsize jets performed the best, with 3 percent turnover in the quarter and an annualized rate of 7.2 percent to date, the latter down from 7.8 percent and 7.3 percent in 2014 and 2013, respectively.
Contrastingly, the large-cabin jet segment saw resale activity down both quarter on quarter and year on year, with year-to-date performance the lowest in five years, with an annualized rate to date of turnover of just 5.4 percent versus 6 percent in 2014. For light jets, the annualized rate was 7.7 percent, compared with 8.6 percent. Turboprops also posted the lowest performance in five years, with 5.6-percent turnover year-to-date versus 6 percent last year.
