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On the large business jet demand falls

According to bank UBS, the September 2015 worldwide inventory in the secondary market of business aviation increased by one percent. According to the latest report of the experts, for the third quarter was put up for sale 11% of the total operated fleet of business jets, while the value is still below the historical average of 13%. While stocks "young" airplanes (from 0 to 10 years) in September rose by 2%, the relative number of "very young" aircraft (from 0 to 5 years) decreased by 2%, and the overall decline in this category with the beginning of the year compared to the previous 12%. Number of aircraft for sale age from 6 to 10 years increased by 20%. However, only 7% of "young" fleet sold in North America. The latest survey of market players Business Aviation held financial institution, there is a weakness segment of business jets with large cabin, which is mainly due to subsidence in demand from emerging markets. Approximately 61% of respondents indicated a significant negative impact on weakness in emerging markets and the devaluation of the currency, while 62% consider oversized aircraft most affected in this situation. "We believe that the recent decline recorded in our survey, along with the stagnation in flight activity, demonstrates the continuing weakness of the market for business aviation, particularly in the upper segment," - concluded at UBS. "Ultimately, we see that the market is changing for the better in North America because of the pent-up demand for replenishment or replacement of corporate fleet."

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