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

Separate reports released in the past week by JPMorgan and UBS Investment Research indicate that pre-owned business jet inventories continued to increase last month, leading both financial analyst firms to warn that deliveries of new aircraft could fall as a result. UBS reported that used inventories last month rose 4 percent from July and 34 percent year-over-year, mainly driven by “young used inventories.” Meanwhile, JPMorgan painted the picture differently, saying that pre-owned inventories as a percentage of in-service aircraft rose to 9.8 percent, a 52-percent increase since January and the highest level recorded since 2003. According to UBS, “Still strong order activity would appear to indicate a business jet market that is holding up well. However, we believe the market has come off from its peak and is likely to fall further.” JPMorgan, however, offered a more pessimistic view: “Let there be no doubt the used market is rapidly falling apart, which should lead to a deteriorating market for new aircraft in short order.” It also noted that average asking prices declined by 2.3 percent year-over-year, influenced mainly by heavy jet prices, which fell 5.8 percent. Midsize jet prices, however, rose 5.4 percent in the past year.

Analysts Warn of Rising Pre-owned Bizjet Inventories

Separate reports released in the past week by JPMorgan and UBS Investment Research indicate that pre-owned business jet inventories continued to increase l

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