Jetnet Releases May 2010 Pre-Owned Helicopter Market Information

Jetnet Releases May 2010 Pre-Owned Helicopter Market Information

23-Jun-2010 Source: JetNet

TICA, NY – JETNET LLC, the leading provider of corporate aviation information, has released the May 2010 results for the pre-owned business jet, business turboprop, and helicopter markets.

Helicopter – Turbine

The number of pre-owned turbine helicopters for sale in April 2010 was less than 1,200 helicopters, or 200 less than the business turboprop market. The percentage for sale at 6.8% (a seller’s market) in May 2010 was higher than the 6.3% recorded in May 2009.

The number of pre-owned full sale transactions for turbine helicopters increased by 8.1% in the first five months of 2010 compared to 2009.

The average days on the market for turbine helicopters was 330 days, or 93 more days in the first five months of 2010 compared to 2009. Also, the average asking price increased by 6.1% in the first five months of 2010 compared to 2009.

Helicopter – Piston

The number of pre-owned piston helicopters for sale in May 2010 was 573 helicopters, half the number of turbine helicopters. The percentage for sale at 6.4% (a seller’s market) was below the 7.1% level from the same period of 2009.

The number of pre-owned full sale transactions for piston helicopters decreased by 14.2% in the first five months of 2010 compared to 2009.

The average days on the market for piston helicopters was 307 days, or 109 more days than in the first five months of 2010 compared 2009. However, the average asking price for piston helicopters remained unchanged in the January-to-May window in 2010 compared to 2009.

Since 1988, JETNET has delivered the most comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide. JETNET is the ultimate source for information and intelligence on the worldwide business aircraft fleet and marketplace, comprised of some 60,000 airframes. The company offers services for both fixed wing and helicopter aircraft. Headquartered in its state-of-the-art facility in Utica, NY, JETNET offers comprehensive user-friendly aircraft data via real-time internet access or regular updates.

For more information on JETNET LLC log on to jetnet.com or contact Paul Cardarelli, JETNET Director of Sales and Marketing, at 800-553-8638 (USA) or paul@jetnet.com; International inquiries, contact Karim Derbala, JETNET Exclusive Agent, EMEA, at 41.0.43.243.7056 or karim@jetnet.com

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