Tinton Falls, NJ – August 16, 2017: According to AMSTAT, there have been further encouraging signs coming from the business aircraft resale market. Overall, Business Jet Resale Retail Transactions were up 8.4% during the first half of 2017 versus the same period in 2016. Of note were the Medium Jets, where transaction activity during this period was up
16.7% over 2016. Heavy Jet transactions were up 3.8% and Light Jets rose 4.4%. Transactions in Turbine Helicopters overall were up 6.5% in the first half of 2016 versus the same period in 2017. The Single Engine market saw a 9.9% year over year improvement.
Not all markets performed as well. Turboprops saw transaction activity in the first half of 2017 fall 0.5% versus 2016 and the Multi Engine Helicopters saw a 1.5% decline.