JETNET iQ PULSE
Issue 13 – Beginning to See the Light
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.
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