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

“We are gaining confidence that a recovery is taking hold following good news in recent weeks,” JPMorgan North America Equity Research noted in its latest monthly business jet update, released yesterday. The firm cited the net orders for 74 aircraft booked by Bombardier in the fourth quarter, as well as the <a href="?q=node/28845">firm order for 50 Bombardier Globals placed by NetJets</a> last week. “We believe demand is at least starting to improve more broadly…and [the recent uptick at Bombardier] takes place in the context of an improving economic outlook and rising corporate profits, which bode well for demand.” Still, JPMorgan analysts are “not popping the champagne just yet,” mainly because 11 percent of in-production aircraft are for sale on the second-hand market–3 percentage points above the 15-year average, though 0.3 points below January inventory levels–“at [low] prices not seen since the late 1990s.” JPMorgan wants to see used inventory continue falling and prices rise, along with further evidence of new-aircraft backlog stabilization, “to move beyond our current state of cautious optimism.”

Bizjet Recovery ‘Taking Hold,’ Says JPMorgan

“We are gaining confidence that a recovery is taking hold following good news in recent weeks,” JPMorgan North America Equity Research noted in its latest 

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