Inventories of used business jets declined 1% in November, the fourth straight month of improvement and another sign that the beleaguered sector is bottoming out, according to a new estimate by UBS Investment Research. But UBS analyst David Strauss says bizjet prices continue to decline and are down an estimated 30% from their peak. While key indicators suggest that the market is stabilizing at low levels, a significant oversupply of aircraft, tight financing and a weak fractional market ...
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