Entries in economy (26)
Growing Number of Hawker Beechcraft Job Openings Posted
It's been difficult to find positive signs in general aviation for almost three years. But more than 100 local Hawker job openings posted on job sites, can only be seen as a good sign.
Study: Blue Grass Airport Lifts Region with $370 million in Annual Economic Output, Supports 3,478 Jobs
Blue Grass Airport generates an annual economic output of $370 million and payrolls of $104 million, according to a new report by Wilbur Smith Associates. Airport operations supported 3,478 jobs in 2010, the Cincinnati-based analysts report in a study being released today.
The Cost of Aviation Fuel
We think it’s fair to say we are all feeling the impact on fuel price increases over the last six months or so. As a pilot, I’m seeking the best fuel price and am modifying my flying patterns to get the best deal.
Historically, after an initial spike in oil prices, the market tends to settle down. So why haven’t we seen a stabilization in Jet A fuel prices? What’s causing the volatility in the open and spot fuel markets?
Besides the obvious affects of world events, including the disaster in Japan and political upheaval in the Middle East oil-producing regions, there are other underlying dynamics that contribute to rising aviation fuel prices.
North Dakota Aviation Economic Impact Study Released
The North Dakota Aeronautics Commission has announced the results of a study of the economic impact of aviation in the state of North Dakota.
Pre-Owned Aircraft Trading Continues at Modest Pace
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Wednesday, December 15, 2010 at 11:44AM | Share Article Trading in the pre-owned aircraft market continued at a modest pace as the third quarter came to a close and aligned itself on fourth-quarter activity for 2010.
Pre-Owned Aircraft Transactions Increase While Values Decrease
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Wednesday, August 18, 2010 at 3:13PM | Share Article There should be some optimism in our industry. Buyers and sellers are coming to terms with what the market will bear for a given aircraft. And with that, the pre-owned aircraft market is seeing more completed deals. The gridlock of available inventory is starting to show some movement. Values on the other hand remain soft with little signs of recovery.
Used Aircraft Market Shows Signs of Better Days Ahead
Finally, the pre-owned aircraft market moved in a positive direction in the first quarter of 2010. Late-model, large-cabin, long-range aircraft were selling at or better than values published in the Aircraft Bluebook.
External factors such as increased sales, a slight decline of available inventory and world market competition could all be considered causes for the improvement. Although this early indication of a slow recovery is in progress, it is too early to celebrate. Any positive sign going forward is far better than where the used aircraft market has been.
With the exception of the late-model, large-cabin class, most of the other business aircraft are not yet recovering in value. The good news is that values are showing more stability. Market activity is on the rise leaving a more optimistic perception that values are not exposed to the risks experienced in the last twenty months.
Green Shoots in GA?
We noticed this story in The Wichita Eagle, which reports data showing increases in GA travel between March 2010 and March 2009.
What are you seeing at your FBOs and airports? Is business better now than it was a year ago?
Aircraft Prices Remain Stable While Signs of Recovery Glimmer in Dubai
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Wednesday, November 18, 2009 at 3:54PM | Share Article Entering its home stretch, 2009 certainly has been a forgettable year for general aviation. The losses in value for most owners of corporate aircraft have been significant and, at times, have even been heartbreaking. However, something is happening out there. While economists predict an economic recovery will be achingly slow, some aircraft values are moving up. The change is barely perceptible and does not apply to every market segment. But inventories are finally contracting instead of expanding, and dealers are again becoming cautiously optimistic.