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

Pre-owned business jet and turboprop markets showed early signs of improvement in the first half of this year, which is expected to be a second year of correction leading to sustained growth in 2012, according to market information provider JetNet. The company reported 15.3-percent growth in pre-owned business jet retail sale transactions through June, compared with the same period last year. Business turboprops showed an increase of 3.7 percent. Average asking price was $4.1 million for business jets through June, down 18.6 percent from the year before. The asking price for turbine helicopters declined 10.5 percent and business turboprops 3.8 percent. The inventory of business jets for sale dropped below 2,500 (to 2,493) for the first time since November 2008, and as a percentage of the fleet to 13.8 percent. “This is a positive sign, as the inventory for sale is dropping,” JetNet said. “Ever so slowly, but [the inventory] is dropping.”

Pre-owned Markets Looking Up

Pre-owned business jet and turboprop markets showed early signs of improvement in the first half of this year, which is expected to be a second year of cor

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