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

Last month showed further evidence of the “gradual” business jet recovery that has been under way for the past few months, including a shrinking pre-owned inventory and “some positive signals from the new market,” JPMorgan Global Equity Research said this week in its monthly business jet update. However, the firm said, “We still expect new jet demand to recover only very slowly.” According to JPMorgan, pre-owned business jet inventory decreased again last month, to 12.5 percent of the active fleet, down from the 14.5-percent peak recorded in July. Pre-owned prices appear to have bottomed in January since they were flat month-over-month, though they are 20 percent below year-ago levels, meaning it is still a buyer’s market. Regarding new production aircraft, JPMorgan said OEMs have “disclosed some demand firmness in Q4,” adding that the “market is still not out of the woods.” Meanwhile, December business jet flight activity showed the biggest year-over-year increase since July 2007 by rising 5.4 percent to 289,000 takeoffs and landings in the U.S.

JPMorgan: Business Jet Market Continues Recovery

Last month showed further evidence of the “gradual” business jet recovery that has been under way for the past few months, including a shrinking pre-owned 

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