Although new business jet demand will recover slowly, the used market continued to improve in January, showing further evidence of the gradual recovery that has been under way for the past few months, according to JP Morgan’s February Business Jet Monthly report. Used inventory decreased again and has now fallen an average of 30 basis points (bps) per month for the last six months. Prices, meanwhile, continue to stabilize, wrote JPMorgan analyst Joseph Nadol. “We expect inventories to ...
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