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 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Business Jet Decline May Have Hit Bottom".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.