JetNet: Soft Pricing Because of Oversupply | Aviation International News

JetNet: Soft Pricing Because of Oversupply

Industry expert Rolland Vincent sees rocky times ahead with too many aircraft chasing too few buyers.

By Curt Epstein • Business Aviation Services Editor

May 24, 2016

U.S. data provider JetNet has revised its 10-year business jet delivery forecast down for the sixth consecutive quarter. The Utica, N.Y.-based firm currently calls for 7,921 jets to be delivered by 2025 with a value of $226 billion (in 2015 dollars). For 2016, the company predicts deliveries of 681 bizjets, down from last year's total of 712. (JetNet excludes twin-aisle, airliner-based aircraft from its forecasts.)

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