Jefdata Report
Demand Outlook Suggests 2% Unit Sales Growth y-o-y. Our survey found 37% of respondents expected an increase in unit sales volume for 2019 versus 2018, while about half had flat expectations. The average expected increase for 2019 is 2% for new deliveries, according to our respondents. This compares to Q1:19 deliveries for the major OEMs up 4% y-o-y. As we consider the reasons for the lack of an upturn in aggregate demand for business jets, we note that 25% of respondents stated global macroeconomic uncertainty.
Jefferies Biz Jet Delivery Forecast: 8% Increase in 2019. We forecast business jet deliveries to advance 8% to 630 units in 2019, up from the 585 delivered in 2018 (Ex. 31), driven by growth from Bombardier and Gulfstream.
The Flight Solutions Team enjoyed our annual trip the INDY 500 this year in our brand new Bell 505 “Jet Ranger X” helicopter. This is the latest model from Bell Textron and was designed to replace Bell’s hugely successful “Jet Ranger 206” model that first came into service in the 1960’s. The new Bell 505 Jet Ranger X is a vastly different machine than the iconic Bell 206 Jet Ranger. Completely redesigned with state of the art avionics and “CAS” system, much more power delivered via the dual FADEC system and borrowing from the proven Long Ranger L4 rotor and drive system. The 505X is a wonderful combination of proven technology with modern enhancements. As and experienced operator of helicopters we have to say Bell has met if not exceeded our expectations!
Flight Solutions, a private aviation firm based in Middle Tennessee, is a generous supporter of Stars for Wishes. This year, they were our Entertainment Sponsor! Founder and CEO Kevin McCutcheon is pictured here with his family, Phil Vassar and Wish Kids Lily, Kayden and Tarin. Thank you for your generosity and your commitment to creating life-changing wishes! Photo by Donn Jones Photography