Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

UBS Global Research’s latest business jet market index, released today, is now down 10 percent from its post-U.S. election high, settling in at 48 on a scale of one to 100. This denotes a “relatively flat market,” according to UBS aerospace analysts David Strauss and Darryl Genovesi. Its straight-up measure of absolute business conditions came in at 5.2, unchanged since January.

 


By aircraft category, the midsize jet segment has the highest index at 51, which is up 3 percent from last month. Both the light jet and large-cabin jet categories came in with an index of 46, marking a 13 percent improvement for the former and a slight erosion in the latter.

 


The overall index was driven lower by weaker customer interest, down 13 percent from last month; softer pricing, which fell 10 percent; and muted 12-month outlook, which declined 2 percent. This was partially offset by a 25 percent improvement in views regarding pre-owned business jet inventory.

 


UBS said that its customer interest score has dropped 20 percent from its post-financial crisis peak following the U.S. election. North America customer interest declined 13 percent from last month, though it remains strongest with an index score of 63. Europe is the next robust region, with a score of 56, followed by Asia at 50, Latin America at 44 and the Middle East at 41.

UBS: Bizjet Market Still Stuck in Neutral

The overall index was driven lower by weaker customer interest, softer pricing and muted 12-month outlook.

2024 Corporate Aviation Leadership Summit

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN