UBS Bizjet Index Down, but Optimism Still High
Drop driven by lower willingness of dealers to increase inventory, less optimism about the 12-month outlook and higher pre-owned business jet inventory.

The latest business jet index from UBS Global Research dropped two points, to 51, but is nonetheless the third consecutive month it has been above the 50 mark, which denotes a strengthening market. By cabin size, the light-jet index leads at 56, followed by midsize jets at 50 and and large-cabin jets at 47. All three of those indexes eroded slightly from the previous month.