L’aviation d’affaires se porte bien.Go to content Les Ailes du Qubec Les Ailes du Qubec All about Quebec aviation and aerospace Les Ailes du Qubec Bombardier Challenger 350 Bombardier Aerospace Business aviation is doing well June 17, 2021 Andr Allard Business aviation had a very good end to 2020. Then the numbers for the first quarter of 2021 were almost similar to 2019. Data from April and May indicate that the growth continues in the second quarter. Articles about the recovery in this sector are growing like this one from AIN Online. It's the U.S. and European domestic flight market that is pulling up. With transborder travel restrictions still in effect in April and May. So expect international flights to pick up this summer during the vacation season. In the second half of 2021, business aviation may well exceed its 2019 statistics. The used aircraft market Reuters news agency reports that the advantage is with sellers in the used aircraft market. The article points to the reduction in the number of newer used aircraft in good condition available for resale. Some brokers report getting multiple offers on the most popular models. It should be noted that ADS-B compatible aircraft are the hot commodity right now. Older aircraft that are more than 30 years old are still not finding takers. For the moment, manufacturers prefer to wait before increasing production rates. As a result, there are few delivery slots available for the next twelve months. This situation is driving buyers toward aircraft that are 10 years old or more and can be brought up to standard; there is a reason Bombardier is hiring at full capacity in its U.S. service centers. The new market The depletion of used inventory is the first requirement for a recovery in business aviation sales. There is always a reaction time between the two markets. Several factors can influence the length of this delay; the risk of COVID-19 remains very present and fleet managers should be cautious. For the time being, new orders are coming mainly from individual buyers or from managers of a few aircraft. These two categories of customers have a clear preference for large aircraft like the Global 7500. Among the larger operators, such as Flexjet, Netjet and Vistajet, it is the super-intermediates that are popular. The Challenger 350 falls into this category and is the most popular. For the big orders, we have to follow the evolution of the pandemic to know when they will come; it is next fall that we will know if the pandemic is behind us or not. Translated with www.DeepL.com/Translator (free version)