INDIAN ARMED FORCES CHIEFS ON
OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS

 
SP Guide Publications puts forth a well compiled articulation of issues, pursuits and accomplishments of the Indian Army, over the years

— General Manoj Pande, Indian Army Chief

 
 
I am confident that SP Guide Publications would continue to inform, inspire and influence.

— Admiral R. Hari Kumar, Indian Navy Chief

My compliments to SP Guide Publications for informative and credible reportage on contemporary aerospace issues over the past six decades.

— Air Chief Marshal V.R. Chaudhari, Indian Air Force Chief
       

Global Jet Capital Q1 2024 Market Brief

Issue: 06-2024

In Q1 2024, the business jet market continued to normalise following the record high utilisation and demand associated with the post COVID-19 pandemic period. Flight operations and transactions slowed from all-time highs; however, flight operations remained well above pre-COVID-19 levels and transactions remained within the range of historical averages. Transactions declined in Q1 2024 due to slower-than- expected new deliveries (attributable to ongoing supply chain and labor issues and delays in aircraft certification) and price-driven inertia between buyers and sellers in the pre-owned market.

Over the past few quarters, a shift has emerged with aircraft inventory and values. During the post-COVID expansion, older aircraft became very popular due to their wide availability. However, as the market has normalised, demand for these aircraft has declined. As a result, aircraft listings and inventory for aircraft older than 12 years have increased, while values for this segment have declined. At the same time, inventories and values for 12-year-old and younger aircraft have remained largely stable. In addition to steadiness in the young pre-owned market, OEMs continue to report strong order intake and rising backlogs. As a result, the business jet market is in a strong position to remain resilient to any potential economic disruptions.