As we ring in the New Year, we once again want to look back at last year’s highlights. We were feeling nostalgic last year too when we wrote about new aircraft model releases (and cancellations), World Cup side effects, and new business aviation offerings in the market. In 2019, new aircraft were certified and new models were introduced; mergers, acquisitions, and sales have reshaped the business jet industry; service is becoming more important; and new technologies are driving change.

Let's recap the highlights:

Global Jet Capital’s Q3 2019 Quarterly Market Briefing covers the state of the aviation market for new and pre-owned business jets in the first three quarters of 2019. Additionally, this report provides an overview of overall economic conditions, business jet flight operations, pre-owned and new market conditions, business jet transactions, and changes in aircraft residual values.

Global Jet Capital’s dedication to providing simple solutions for business aircraft financing was recognized by the Asian business aviation community at the 2019 Asian Business Aviation Association (AsBAA) Icons of Aviation (IOA) Awards gala in Hong Kong with the ‘Best Business Service Provider’ award. We’re incredibly honored to receive this award alongside such extraordinary industry peers and nominees.

Global Jet Capital’s Q2 2019 Quarterly Market Briefing covers the state of the aviation market for new and pre-owned business jets in the first half of 2019. Additionally, this report provides an overview of overall economic conditions, business jet flight operations, pre-owned and new market conditions, business jet transactions, and changes in aircraft residual values.

Global Jet Capital’s Q1 2019 Quarterly Market Report covers the state of the aviation market for new and used business jets from the end of 2018 and into the first quarter of 2019. Additionally, this report provides an overview of overall economic conditions, business jet flight operations, used and new market conditions, business jet transactions, and changes in aircraft residual values.

Jet Support Services, Inc. (JSSI), an independent provider of maintenance support and financial services to the business aviation industry, announced the 2019 Greater China Customer Choice Award winners at this year’s Asian Business Aviation Conference & Exhibition (ABACE) in Shanghai. 

The increasing shift in preference from mid-size to larger aircraft is reflective of the global economy and how successful companies today are doing business. But buying a larger aircraft means a much higher capital outlay for purchase—which is why operating leases are becoming so attractive. They offer lower residual value risk, flexibility, and an unparalleled level of convenience, helping a business aircraft fit into more balance sheets and support the business goals of organizations around the world.

 Photo Credit: Ingo Bollhöfer

Global Jet Capital is accustomed to attending exhibitions, but what’s on display usually ends up on hangars, runways, or flying around at 40,000 feet. We also appreciate finer things that stay a little closer to the ground, which is why we chose to sponsor this year’s Art Düsseldorf event, an exhibition showcasing the finest post-war and contemporary work from global galleries large and small. Located in Düsseldorf, Germany in the spacious and stunning Areal Böhler exhibition hall, Art Düsseldorf gives attendees the chance to admire (and acquire) everything from larger-than-life sculpture, to traditional visual art, to more adventurous works in new media.

In 2010, the FAA mandated that an Automatic Dependent Surveillance—Broadcast Out (ADS-B Out) system be installed on aircraft flying in most US airspace, with a deadline of January 1, 2020. The shift to a completely new system has incited a flurry of activity and comment in the aviation community, and aircraft modification shops are beginning to book up as the deadline looms.

Analysis⁽¹⁾ from Global Jet Capital, a global provider of financing solutions for corporate aircraft, suggests that 252 medium and large business jets worth an estimated $9.1 billion could be delivered to Texas between now and 2025.

Global Jet Capital, which has over $1 billion to lend to clients purchasing business jets, says the bulk of these purchases will be based on leases and loans. The company currently finances over 300 business aircraft for clients.