Used Jet Market Loses Steam, Says JP Morgan

By Benet Wilson

Used aircraft inventories have increased for a second consecutive month, but JPMorgan believes the increases are temporary and inventories will once again begin to inch back down. “The nearly 300 basis point (bps) decline in used inventories for sale in the 12 months following the July 2009 peak has lost some steam, as inventories have now increased,” writes analyst Joseph Nadol in JPMorgan’s October Business Jet Monthly. “The magnitude of the ...

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