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FAA Certifies GE CT7-2F1 Engine

, and | Business & Commercial Aviation

GE Aviation reports its CT7-2F1 engine received FAA certification following more than 1,000 flight hours and more than 1,350 hr. of turn time. The engine powers the Bell 525 Relentless medium-lift helicopter. The FAA joined the Bell 525 flight test team in November and now is involved in certification flight testing. The final flight test vehicle was scheduled to fly at the end of March. The 525 Relentless program was launched in 2012. The aircraft is designed to transport up to 19 passengers.

Current Market Strength

CMS represents an aircraft’s current strength in the market. An A+ rating indicates the aircraft is enjoying a very firm market. Prices for an A+ aircraft are steadily rising, and holding times are very short or nonexistent. At the opposite end of the spectrum, a C- aircraft is one experiencing a very soft market. Its price is commonly discounted, and it often sets on the ramp in excess of eight months before selling. It is important to...

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Business Aviation Trends

All of the aircraft included in the aircraft segment graphs on the following pages have a composite score that is presented in the Used Aircraft Market graph. Data points are represented in relationship to the respective new delivered historical price that is equal to 100%. The measure of change is reported in the actual percentage of value in relation to new. The delta between reporting periods can be concluded as...

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China Dashes Business Aviation Hopes Once Again

and | Aviation Week & Space Technology

Chinese demand for business aircraft has flopped again, disappointing manufacturers for a second time this decade. Economic weakness is one of many factors; politics, never far below the surface in China, is another. Usage of business aircraft in China is also falling behind expectations, especially operations by foreign owners. It looks like international interest in trade and investment deals in China has dropped and, with it, the need for top executives to go there. Dassault has most...

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Situational Awareness

From The Weekly of Business Aviation, Aviation Week Intelligence Network /

Used Business Jets for Sale and Prices Rise in March

The number of used business jets for sale grew 3% in March compared to a year ago, while average list prices increased 3%, according to Jefferies.

The used fleet for sale in March is 40% below its peak in October 2009.

Inventory levels for sale during the month totaled 1,752 aircraft, compared to 1,697 in March 2018, equaling 7.6% of the total fleet, including all models and vintages.

Heavy jets for sale declined 4% year-over-year with 365 jets on the market, compared to 379 a year ago. Medium jet inventories decreased 2% in March, representing 7.2% of the active fleet, while the number of light jets for sale rose 11%. The number represents 9.4% of the active fleet available for sale, compared to 8.6% a year ago, Jefferies said.

“The used market inventory is likely to take time to bleed through and thus will impact new aircraft pricing,” Jefferies said.

Jefferies forecasts new business jet deliveries to grow 8% in 2019 after a modest decline in 2018. It expects heavy jet deliveries to rise 29% in 2019 due to new model deliveries. Growth will be largely due to the Global 7500, G500 and G600, with a modest offset from lower deliveries of legacy models.

Medium-size jet deliveries could rise 5% to 237 aircraft, Jefferies said, while light jet deliveries are expected to decline 6% year-over-year.

Nearly all the growth in the medium-size market is expected to come from the Citation Longitude, which are...

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