JETNET iQ PULSE is a free, digital report on the state of the business aviation market. Offering unique insights to safely and intelligently navigate the skies ahead, this bulletin showcases our core capabilities in aviation market research, strategy, and forecasting. The rules of the game have changed, and we hope that you will take advantage of this valuable resource to assist your business in the days and weeks to come.
September 17, 2024
JETNET iQ has grown into the premier source of business aviation intelligence since its inception in 2010, offering the same kind of clarity Johnny Nash sang about in I Can See Clearly Now. Through proprietary analytics and forecasts, JETNET iQ provides the insights…
May 23, 2024
When Carole King wrote “You’ve Got a Friend,” the business aviation industry was still in its formative years, and humanity was exploring the Moon. Today, with over 8,500 Citations delivered from Wichita, KS, models like the Citation X are still favorites, particularly in…
April 23, 2024
Just as David Bowie’s “Changes” captivated audiences in 1971 with its theme of constant reinvention, we, as aviation analysts and forecasters, are fascinated by the dynamics of change. By combining broad economic measures with JETNET iQ Survey data, we provide a wealth of…
March 4, 2024
From West Reading to global stages, Taylor Swift’s influence is undeniable, and her ability to inspire businessmen to attend concerts in purple suits with their daughters speaks volumes. Released on her Red album, “Everything Has Changed,” by Taylor Swift and Ed Sheeran,…
February 1, 2024
Leaders are seeking the latest insights into the business aviation industry as they navigate strategic decisions, in the hopes of winning the year ahead. Big bets are being placed on the conversations taking place behind closed doors, reminiscent of the intrigue captured in…
November 30, 2023
Drawing inspiration from Fleetwood Mac’s anthem “The Chain,” which speaks of resilience in the face of adversity, the impact of COVID was indiscriminate, affecting everyone, including the thriving enterprises and entrepreneurs in business and general aviation. The…
November 2, 2023
Bruce Hornsby and the Range’s chart-topping song, “The Way It Is,” brought global attention with its resonating focus on socio-political issues like unemployment and wealth disparity. In a parallel vein, the business aviation industry, celebrated at NBAA-BACE 2023 in Las…
September 21, 2023
The 12th JETNET iQ Summit, held at the iconic TWA Hotel at New York’s JFK International Airport on September 13–14, 2023, received enthusiastic reviews as attendees from various sectors of the aviation industry gathered for insightful discussions. The event featured the historic…
August 10, 2023
As the sweltering Summer of ’23 envelopes us, it’s not just the rising temperatures that demand our attention. While Glenn Frey’s “The Heat is On” once blazed across airwaves, a new kind of heat is sweeping the skies. Beyond the smoky haze and the buzz of cicadas, the…
May 12, 2022
Danish singer and songwriter, Agnes Obel, offers us choices between past and present, fantasy and reality, action and inaction in her chilling 2013 song, Fuel to Fire. The economic and political landscapes of Europe have again been transformed by war. Remember…
April 7, 2022
British rockers Queen and David Bowie released their epic classic Under Pressure just over 40 years ago. Looking around our industry, pressures abound that challenge our ability to perform, from aircraft appraiser to A&P mechanic to broker, financier, and contracts…
March 3, 2022
At times like these, it’s good to recall the messages from Straighten Up and Fly Right, the wonderful song by Nat King Cole. Based on a folktale about a buzzard who takes a monkey up into the sky with the intention of dizzying and eating him, the lyrics tell us that the…
December 2, 2021
There’s a reason that Bill Withers’ 1972 hit, Lean On Me, still resonates 49 years after topping the charts. Its universal theme that we all need help from time to time is something that the human race as a collective, and as individuals, will always face. As the new…
November 4, 2021
Forty-five years after Fleetwood Mac’s The Chain was originally composed, its themes of working together shine even brighter throughout today’s new COVID-19 world, no matter what outside forces try to break our bonds. Business aviation’s supply chain has been disrupted…
September 30, 2021
The 1967 hit Up – Up and Away, by The 5th Dimension, became the anthem of TWA’s TV ads, enticing travelers into the skies through the airline’s iconic “jet age” terminal. The TWA Flight Center continues to fascinate those who appreciate first-class design and…
August 12, 2021
The Beatles song, Gotta Get You Into My Life, off their 1966 album Revolver, talks about taking a ride into the unknown. We’ve all been travelling on that ride for over a year and half but as strong growth in fractional ownership demand has risen, we can see that…
July 29, 2021
Fleetwood Mac’s self-examining song, Landslide, was written by Stevie Nicks just months before she joined the band. Her cleaning rags-to-riches path to success, shortly after fronting Fleetwood Mac, offers a foundational element of leadership for the ages. Leadership in any industry is both an art and a science. Perhaps the most effective approach to ready ourselves and our teams for change is to start by simply asking the right questions.
In this issue, David Porter, leadership expert, Founder, and President of David Porter Advisors, discusses a topic of widespread interest during these unprecedented times—leading momentous change.
July 15, 2021
The hit song, Up Where We Belong, by Joe Cocker and Jennifer Warnes, helped make the film, An Officer and a Gentleman, a blockbuster. The story of military and civil crossover benefits added to the film’s success as well, just as it does currently in real life. Rolls-Royce commands a premium position at the top of crossover companies with its focus spanning military, commercial, energy sustainability, and business aviation markets. The British aeroengine and power systems company is prepared to be a major player for years to come as it serves the blue—and the green—skies of today and tomorrow.
July 1, 2021
In Bryan Adams’ hit, Summer of ’69, the Canadian rocker touched upon the great days and memories he was making that would make for the best days of his life. Perhaps there is always a demand for having the best days of our lives—which is evident now as we accelerate out of the COVID-19 crisis. In the business aviation industry, demand for the benefits of private aircraft—such as personalized service, scheduling flexibility, avoidance of lineups and security hassles, and peace of mind—is taking off. Taking advantage of this demand could lead to better days in the life of our industry.
In this issue, we take a look at Airshare’s unique business model in which fractional customers have access to their airplane and crew by the day, for as many hours as they need. We also look at fractional and charter flight cycles surpassing the high levels of 2019, and talent recruitment and retention.
June 17, 2021
The Lovin’ Spoonful’s Hot 100 chart topper in 1966, Summer in the City, gives us the feeling of busy, noisy, hot summer days full of daily action and work. We find ourselves back to it again in full swing this summer — the markets for business aviation’s products and services continue to be hot. Flight and transaction activity remain strong, particularly in the U.S. market where demand signals are robust. So, too, does competition for talent — the right talent — as our industry competes for the attention of new generations of people seeking meaningful work and the many associated benefits and opportunities. It’s summer in the cities, summer in the skies, and business aviation is hot!
In this issue, we take a look at Dassault Aviation’s industry-leading take on the challenges of a greener future, our 10th JETNET iQ Summit at the retro TWA Hotel at JFK Airport, and the market outlook.
June 3, 2021
Just as Édith Piaf’s hit, La Vie en Rose, inspired millions to spring out of the ashes of World War II and blossom into a new life, we find business aviation springing back to a prosperous future filled with hope and optimism across geographic regions, industry subsegments, and market sentiment—all out of the remnants of COVID-19.
In this issue, we take a look at Dassault Aviation’s new ultra long-range $75M Falcon 10X, as well as early indicators from the Q2 2021 JETNET iQ Survey of business aircraft owners and operators, showing their mood of the market, and whether they believe it is rebounding from its low point in Q2 2020.
May 20, 2021
Just as The Beatles’ hit, Come Together, states in its chorus, right now is the time to get back together and our industry’s current generation forward. A leader in that, IADA, is prominently featured in this issue with a great article by IADA Executive Director, Wayne Sterling. He illuminates us on the organization’s challenging, yet rewarding, story as they celebrate 30 years of leading business aviation in aircraft resales. It’s an all-around time to come together and celebrate the world, and business aviation, moving forward to a healthier and productive future.
In this issue, we take a look at IADA’s 30 years of industry-leading sales and their exclusive online marketplace, AircraftExchange.
May 6, 2021
Huey Lewis’ hit, Back in Time, and the film that it’s from, Back to the Future, helped give us that retro feel when they came out nearly 40 years ago. They are now retro themselves which perhaps makes us even more nostalgic than they originally intended, especially as we experienced COVID-19 taking so many of the simpler things away from us, like gatherings. As aviation and the population move forward, we’re gearing up for the return of in-person meetings and events like our 2021 JETNET iQ Summit. This year’s event promises to be an intimate gathering of a virtual Who’s Who in business aviation, September 15–16, 2021, at the neo-retro, super swanky TWA Hotel at JFK. Join industry leaders who are creating the future of business flight. Join this important and special gathering. This will be a Summit to remember.
In this issue, the market sentiment is looking positive from our JETNET iQ Q1 2021 Global Business Aviation Survey results.
April 22, 2021
The Beatles’ Revolution was amongst their later and more successful recordings. Much analyzed and interpreted, the lyrics were an apt proclamation on how to break free of the constraints of a world in crisis. Fifty-three years later, we find ourselves, once again, heading into a “new normal” world, a trend we believe will accelerate positively in the second half of 2021. Although some sectors of the economy remain constrained, in the grand scheme of things, these are arguably good first-world problems to manage. We are about to see a surge in demand for highly valued skills and services (have you hired your Event Planners back yet?) that have laid dormant for a year, as organizations prepare to return in force.
In this issue, Tony Kioussis, President and CEO of Asset Insight LLC, delivers an essay that offers insights into the factors that drive aircraft values in today’s dynamic market.
April 8, 2021
For months now, the momentum has been building to get out and meet family, friends, customers and prospects, partners and suppliers, and other long-time-no-see warm-blooded humans. Cue Kool & the Gang’s 1980 #1 hit, Celebration. We’re also celebrating the first anniversary of JETNET iQ PULSE. Launched to help fill a void and “stay connected” despite our inability to meet face-to-face, JETNET iQ PULSE has already become an important source of data-inspired need-to-know insights into key developments in the business aviation industry.
March 25, 2021
Lenny Kravitz’s Grammy award-winning hit, Fly Away, was one of the theme songs to a television series featuring Buffalo Airways, a company that serves as a refreshing reminder of human resilience and inventiveness in the face of some of the most challenging operating environments in the industry. It is a fitting metaphor for where we are today. And with many people longing to get “back in the saddle” after a long COVID-19 induced hibernation, B&GA is uniquely positioned to serve customers who are eager for a return to face-to-face meetings and conventions, gatherings of families and friends, escapes to sand and sea, mountains, and remote adventures.
In this issue, Rollie Vincent, JETNET iQ Creator and Director, shares a personal editorial on falling in love with aircraft and air travel as a child and how that led to his chosen career.
March 11, 2021
In the mid-1970s, The Steve Miller Band’s song, Fly Like an Eagle, rose to #2 on the Billboard Hot 100 before the public moved on to other matters. However, when British singer-songwriter Seal covered it 20 years later, the song soared to #10 and was a hit again. While the general public has been preoccupied with concerns from COVID-19 over the last year, the rollout of worldwide vaccinations has begun to quell many fears. The business aviation industry looks to soar once again, increasing potential for a return to broad-based flying, especially in the latter half of this year.
In this issue, Sheryl Barden, President & CEO of API and one of the industry’s most acknowledged experts on all things people, shares her insights on the ever-evolving world of the business aviation workplace.
February 25, 2021
COVID-19 has significantly impacted mergers & acquisitions, corporate reorganizations, production rate adjustments, end-of-life product decisions, and so much more within our industry. Including what looks to be the denouement of a longstanding tradition in business aviation - the production of the Learjet. The Lear 23 program set the bar high with its impressive accomplishments and will remain uncontested in the modern era.
In this issue, Jason Lorraine, Director of Strategic Solutions and Product Sales of JETNET, opines on Bill Lear and the Learjet brand, and the legendary aircraft lineage that materialized.
February 11, 2021
The era of living in this global pandemic has helped shine a light on organizations that were quick to evolve to better support the changing needs of their customers and even their own people. It has also illuminated barriers that impede the roles of women, and other less-represented groups, in traditional male-domindated industries, including our own.
In this issue, Emily Deaton, COO of jetAVIVA, provides insight to the hot sales market that took place in the second half of 2020, and now early 2021, for pre-owned business aircraft. She also shares her acumen on the new work-from-anywhere trend and how that has altered the organizing of teams and their work getting achieved.
January 28, 2021
The lyrical genius behind Queen’s Bohemian Rhapsody, and the undeniable impact of lines like “We Will Not Let Them Go” should serve as a rallying cry to those in the business aviation industry who wish to remain relevant and competitive in the eyes of their customers. Attracting new and retaining existing customers, while never an easy task, is the work that separates the successful from the forgotten. At the start of this new year, with the customer benefits of business aviation more important than ever, it’s time to allay concerns and demonstrate an ability to meet your customers’ every need or risk losing them to competing alternatives.
In this issue, Ryan Waguespack, Senior Vice President of Aircraft Management, Air Charter Services and MROs at the National Air Transportation Association (NATA) shares his thoughts on the importance of retaining customers and the overall value of the business aviation industry.
January 14, 2021
While we await the upcoming year-end earnings reports from the OEMs, we already know that pre-owned business aircraft transactions were driven by customers focused on getting deals done before “December 32” year-end. These transactions were undoubtedly driven by desires to capture accelerated depreciation incentives while they still exist under current U.S. tax laws. We also examine business jet utilization patterns and look forward to the acceleration of COVID-19 vaccination rates providing lift to our wider economies and a restart of face-to-face meetings.
In this issue, Fred George, retired Senior Editor/Chief Pilot of Business & Commercial Aviation Magazine, former editor of B&CA Purchase Planning Handbook, and an expert in pilot reports, aircraft operator analyses, and technical reviews, joins us to talk about sustainable aviation fuels.
December 17, 2020
As the year comes to a close, there are some very good signals of change that we are closely monitoring. While the early stages of COVID-19 vaccine distribution are now underway across the world, widespread inoculations and the relaxation of travel and work/life restrictions that have pummeled our industry will be a story to be told about in 2021.
In this issue, David Crick, Managing Director of DavAir Group and master practitioner of the skills of transportation equipment appraisal, contributes his musings on the different year that was 2020, and some thought-provoking perspectives regarding 2021.
December 3, 2020
Joining the ranks of earlier-trailblazer FedEx, modern-day logistics experts like Quest Diagnostics, LabCorp and Pfizer, among others, transport diagnostic COVID-19 vaccination test samples, and operate pandemic and disaster relief flights, a real-life endorsement of the many tangible and intangible benefits of business and general aviation aircraft.
In this issue, Bob Zuskin, Founder and CEO of Jet Perspectives, and one of the industry’s leading aircraft appraisers, offers his refreshingly global perspective on the markets, and shares his thoughts on topics of enduring interest for aviation stakeholders, with special relevance to today’s commercial and business aircraft sectors.
November 19, 2020
News coming out of the U.S. this week was very positive for the business aviation industry. Equity markets continue their steep climb and COVID-19 vaccine trials have been very promising. In the wake of this terrific news, human spirits are rising like the markets, and we can all be thankful for the opportunity to gather (safely, of course) as family, friends and colleagues.
In this issue, Paul Cardarelli, JETNET’s VP of Sales, shares his insights into the state of the business aviation marketplace, and where things are headed after the Year of the Asterisk.
November 5, 2020
Rolls-Royce has been the most consistently successful powerplant provider to the world’s large-cabin business jets, remaining fresh, relevant and active at the top of the market. Over the last several years however, inroads by GE Aviation and Pratt & Whitney Canada have heated up this competitive space. These sole-source supplier selections have long-term implications for aero-engine aftermarket revenues.
In this issue, Dean Roberts of Rolls-Royce, one of the industry’s top market analysts and forecasters, offers an intriguing look into the business aviation sector toward the year 2030.
October 22, 2020
Nearly 60 years after Bob Dylan’s famous song, the times continue to change. In this COVID-19 infected world, business aircraft offer a time-effective option accentuated in these times. And the time may be right for prospective new customers to purchase their first business aircraft, with today’s attractive inventory, historically reasonable prices and pervasive concerns about air traveler safety.
In this issue, Brian Proctor, President and Chief Executive Officer of Mente Group, LLC, makes the case for business aviation safety, access and value.
October 8, 2020
The process of confidence-building helps us make prudent and informed decisions. It helps us know when the time is right for returning to the skies. For prospective new customers, that time could be now. There is no better alternative to overcome indecisiveness than to have a plan and engage with an experienced partner who knows how to navigate the complexities of business aviation.
In this issue, Joe Barber, Vice President of Fleet Development with Clay Lacy Aviation, discusses the art and science of aircraft management—a very timely contribution.
September 24, 2020
As COVID-19 remains at the top of global concerns, business aviation is faring objectively better than many other sectors of our economy, though this remains a tough operating environment, and one with a continuation of limited forward visibility. Evidence points to relative strength in some market segments — for example, pre-owned business aircraft transactions and on-demand charter flying — especially in comparison with the commercial airline sector. In June and July, pre-owned turboprop retail sales and leases were off only 9% while small jets were up 34%. For those hoping to begin seeing the light, you have found some.
In this issue, Janine Iannarelli, President of Par Avion Ltd., discusses the relative strength of the light jet and turboprop segments in the COVID-19 environment.
September 10, 2020
Despite the fact that we have never encountered the extreme scale of economic fallout our industry is currently facing, we can still find indicators that serve as reasonable predictors of business aviation’s future. Surprisingly, the summer of 2020 may not have been as tough on certain sectors of the industry as was previously expected. With pre-owned business jet retail transactions up a remarkable 38% in July 2020 YOY, and inventory steady near 10% of the in-service fleet, there are clear signs that customers recognize the value in owning a business aircraft.
In this issue, Ford von Weise, Director & Head of Global Aircraft Finance, Citi Private Bank, discusses the potential for business aircraft OEM consolidation opportunities.
August 27, 2020
Whether you call it high-speed data, broadband, or simply WiFi, in-flight connectivity in today’s business aircraft is essential for taking care of business. As such, we were surprised to learn that only 34% of the worldwide business jet fleet currently listed for sale were identified as WiFi-equipped. While we acknowledge the complexities and costs of installing WiFi systems, particularly on older and lower valued aircraft, it is becoming increasingly clear that no office in the sky is complete without a way to stay connected.
In this issue, Shawn Vick, Chairman and CEO of Global Jet Capital, discusses the importance of fact-based assessments and industry introspection.
August 12, 2020
COVID-19 has shown it is both tragic and pervasive as well as a disguised once-in-a-lifetime opportunity to reinvent the future of our businesses and our industry. It would be wise to be mindful of what’s next, and be preparing our organizations to be distinct, successful, and impactful—in a word, relevant. For those more entrepreneurial in nature, it is time to reimagine and recreate our businesses in ways that respond to, and anticipate, the rapidly evolving operating environment. In this issue, IADA’s Wayne Starling shares perspective from the international aircraft broker/dealer community, an often unsung group of professionals who act as trusted advisors to buyers and sellers, both with pre-owned but increasingly with new aircraft transactions.
July 30, 2020
With more than half of 2020 behind us, hope for a rapid recovery seems unrealistic, leaving industry leaders grappling for solutions. While the challenges this evidence presents are real, so are the opportunities to reimagine the business aviation industry. In this issue, Shelley Svoren, Vice President of the International Aviation Womens Association (IAWA) discusses the response of its global network to the challenges posed by the COVID-19 pandemic, and how IAWA continues to promote the advancement of women in the aviation/aerospace industry throughout the world.
July 16, 2020
Business and general aviation (B&GA) is shining an encouraging light of flight operations rebounding across all sectors. Things are heating up since the grim days of April, with flight operations recovering well ahead of trends seen in the scheduled airline industry. Operational data and anecdotal insights suggest that people are using B&GA for repositioning themselves and their families to sunspots and vacation areas with lower population density, while their work follows them, thanks in part to our acceleratingly virtual way of doing business. In this issue, Jim Blessing, President of the National Aircraft Finance Association, gives us an update on NAFA’s activity levels in the current market, and also reports on the reassuring levels of business regarding new and prospective aircraft buyers.
July 2, 2020
As we strive to get back to business, we look to the innovative and collaborative efforts of industry forerunners and policymakers to help accelerate business aviation’s recovery. In this issue, Tim Obitts, President and CEO of NATA, talks about the proactive steps his leadership team is taking to ensure the safety and success of not only their members, but the aviation business community as a whole.
June 18, 2020
As the obstacles of the pandemic continue to upend the realities of a swift return to “normal”, our industry explores innovative ways to better serve our customers. In this issue, Pete Bunce, GAMA’s President and CEO, shares his insights on the ways in which the Business & General Aviation industry is preparing for a return to business.
June 4, 2020
As leaders across the industry adapt to the new realities of what will hopefully be our post-coronavirus world, there are clear signs of blue skies ahead. In this issue, Ed Bolen, President and CEO of NBAA, shares how his organization is amongst those leading the way in response to this challenging moment in history.
May 19, 2020
Europeans have always been at the leading edge of human flight and it is this legacy of leadership and discovery which will help us navigate the challenges of this new COVID-19 world. In this issue, Athar Husain Khan, Secretary-General of the European Business Aviation Association (EBAA), shares his thoughts on how the business aviation sector safely moves towards recovery.
May 5, 2020
While the COVID-19 pandemic continues to wreak havoc on air travel, prospective business aircraft buyers would be wise to view both sides of the market, and consider the benefits of an earlier-generation business aircraft. Investing in the “other side” could prove to be the ideal solution, providing the desired qualities of a factory-new model, but at a more reasonable cost. A detail that will be important in our post COVID-19 world.
April 21, 2020
As leaders of business, government, and our society attempt to understand the impact of COVID-19, forecasters are addressing pressing strategic decisions to preserve capital, jobs and ensure business continuity. In this issue of JETNET iQ PULSE, we examine the shape of…
April 7, 2020
With the back-to-back cancellation of every key industry gathering in recent weeks, business aviation leaders have not lost their appetite for market and competitive intelligence. Leveraging our core competencies in aviation market research, strategy, and forecasting, we are…
