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

Preliminary data suggests second-quarter results for business jet deliveries “will not be impressive,” according to J.P. Morgan North American Equity’s latest business jet monthly update. While its analysts note there are aircraft still missing from the database used to track deliveries, “Preliminary indications are that deliveries will fall short of estimates, with the possible exception of Gulfstream,” noted J.P. Morgan lead aerospace analyst Joseph Nadol III.


“Some of this reflects product transitions, such as the new Citation X+ and Challenger 350, both of which were certified late in the second quarter, so delivery misses are not necessarily a sign that demand is weakening,” he added. “However, the early data suggests that the second quarter will not be a milestone on the way to a recovery.”


Meanwhile, both inventory and prices of pre-owned business jets continue declining. June results were consistent with the long-running trends in the used market–inventories improved “modestly” but pricing is “persistently weak.” Inventory fell to 8.5 percent of in-production models last month, down 0.2 points from May and 0.7 points lower than in December. Average asking prices in June declined 2.2 percent month-over-month and fell 8 percent year-over-year.

Second-quarter Bizjet Deliveries Won’t Be ‘Impressive’

Some of this reflects product transitions, such as the new Citation X+ and Challenger 350, both of which were certified late in the second quarter.

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