JETNET released March 2016 and Q1/16 results for the pre-owned business jet, business turboprop, helicopter and commercial airliner markets.

Key worldwide trends across all aircraft market segments, comparing March 2016 to March 2015 reveal that generally, inventories are up, and asking prices are down.

Business jets showed the largest increase in the for-sale numbers, with 155 (6.8%) more jets at the end of Q1/16 compared to 2015. Turbine helicopters increased by 122 (9.1%) and business turboprops by 109 (9.5%) in for-sale numbers. Across all aircraft sectors, there were 6,657 (5.4%) more aircraft for sale in Q1/16 compared to 2015. This is the first increase in the number of business jets for sale since 2009.

Accordingly, fleet for sale percentages for business jets, business turboprops and commercial turboprops are showing the largest increases of all market sectors in the quarterly comparison, at 11.7% (up .4%), 8.5% (up .6%), and 6.2% (up 1.0%), respectively.

Business jet retail sale transactions showed a 4.4% increase, and are taking more time to sell (11 days) than last year, with a 12.8% decrease in average asking price. However, business turboprops showed a decrease of 12.1% in sale transactions, with a 9.1% decrease in asking price, and are selling in less time (30 days).

Turbine and piston helicopters saw declines in sale transactions in the first quarter comparisons, at 19.8% and 19.0%, respectively. They took fewer days to sell, with turbine helicopters taking 45 days and piston helicopters taking 10. However, the average asking price for turbine helicopters decreased by 25.5% in the first quarter comparisons.

Among commercial airliners, including the numbers for sale for both commercial jets (including airliners converted to VIP) and commercial turboprop aircraft, business jets (at 540) and commercial jets (at 433) accounted for 52.7% of the total full sale transactions (1,846).

While pre-owned business jets saw an increase of 23 (4.4%) full sale transactions, new business jet deliveries decreased by six business jets (4.7%) with 122 deliveries in Q1/16 compared to 128 in Q1/15.

March ending changes from 2005 to 2016 for the business jet in-operation fleet, number for sale and percentage for sale, show a year-over-year point change (11.7% from 11.3%). March 2016 is the first March ending period that the percentage for sale and year-over-year points have increased since March 2009.

In total, there were 23 (4.4%) more business jet transactions in Q1/16 than Q1/15.