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

According to JPMorgan’s latest business jet monthly report, improvement in the pre-owned market has stalled. However, it expects the trend toward lower ­inventories to restart and continue. The nearly 3-percent decline in pre-owned inventories in the 12 months following the July 2009 peak has “lost some steam” as levels have increased slightly (up 0.1 percent) for the second ­consecutive month in September. Pre-owned inventory as a percentage of the in-production business jet fleet ­hovered at 11.7 percent last month, higher than the 11.4 percent seen in July. Meanwhile, JPMorgan said, used business jet prices have fallen to 1997 levels, while high inventories could generate incremental price pressure.

JPMorgan: Pre-owned Market Recovery Stalls

According to JPMorgan’s latest business jet monthly report, improvement in the pre-owned market has stalled.

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