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

JPMorgan’s latest business jet monthly report indicates that October was another month of modest improvement in aircraft demand and utilization. Further, pre-owned business jet inventories fell for the third straight month, “and the peak for this cycle now seems more firmly behind us, but they remain at very high absolute levels,” noted aerospace analyst Joseph Nadol III. Inventory fell 0.3 points in October to 13.3 percent of the “active fleet,” the third straight monthly decline and down from the “all-time high” of 14.5 percent in July, according to JPMorgan. However, the declining pre-owned inventory didn’t stop prices from sliding for the 11th straight month, though the slip was just 0.5 percent. Meanwhile, JPMorgan said flight activity is stabilizing, with approximately 308,000 business jet takeoffs and landings in the U.S. logged in September, up 1.2 percent from August.

JPMorgan: Bizjet Market Continues To Improve

JPMorgan’s latest business jet monthly report indicates that October was another month of modest improvement in aircraft demand and utilization.

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