AMSTAT Releases latest Market Update Report examining market metrics to assess the recovery in the Business Aviation Market
Friday, October 15, 2010 - 2:53pm
Tinton Falls, NJ – October 15, 2010: The business jet aircraft market saw 2.3% of the worldwide fleet
change hands via resale retail transactions in the third quarter of 2010, which represented a slight
decrease from 2.4% in Q2, according to the quarterly Market Update report released today by AMSTAT,
the leading provider of corporate aviation fleet and operator information. According to Tom Benson,
Executive Vice President of AMSTAT, transaction activity for both business jets and turboprops has
improved from the bottom seen in early 2009 and has “settled into a consistent range that we’ve now
seen for the past five quarters.”
The report goes on to point out that while the worldwide inventory of used business jets for sale held
steady at 15.5% of the fleet in the third quarter, the inventory of turboprops for sale decreased
promisingly from 12.4% to 12.0%. Looking forward, Benson is hopeful that this year’s fourth quarter
bump in market activity will “carry us into a year of steady improvements in 2011.”
The full AMSTAT Market Update report will appear in the November issue of CAMP InSight magazine,
and can be viewed today on the Aircraft Shopper Online website at:
http://www.aso.com/AMSTATMarketUpdate.pdf. AMSTAT also submits monthly Market Analysis articles
covering a wide range of topics to the Articles section of the ASO website (www.aso.com). Monthly
updates of the data referenced within the Market Update report are accessible via AMSTAT’s StatPak
market information service.
About AMSTAT, Inc.
AMSTAT is the leading provider of market research information and services to the corporate aviation industry.
Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information
to corporate aviation professionals. AMSTAT’s mission is to provide timely, accurate, and objective market
information to its customers. AMSTAT products and services provide aviation market and statistical information that
generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers,
and suppliers of aircraft parts and services.
Information:
AMSTAT, Inc.
Andrew Young
New Jersey: (732) 530-6400 x147
