Wings Magazine

News
JETNET to highlight new products at EBACE2015

Utica, N.Y. - JETNET will exhibit at EBACE 2015 in Geneva, Switzerland. JETNET will present their full range of software products and services, including demonstrations of their new Marketplace Manager with Market Value Analysis, and their YachtSpot luxury yacht market product, all at the Geneva Palexpo, adjacent to Geneva International Airport. This year’s EBACE runs May 19th-21st, and JETNET will be in booth Y077.


May 6, 2015
By JETNET

“JETNET is perpetually seeking ways to make its service easier for monitoring and assessing the business and commercial aircraft markets,” said Tony Esposito, JETNET Vice President. “Some of our new aircraft market analysis capabilities are ground-breaking, and will provide aircraft sales professionals a level of insight on current aircraft market values that they previously haven’t known.” JETNET employs a full-time staff of more than 45 research specialists who contact industry professionals around the world each business day. They make real-time updates to the most comprehensive database of its kind.

Last year’s EBACE saw the debut of JETNET Evolution’s Marketplace Manager. At this year’s show, they’ll be featuring a powerful new feature for that service called Market Value Analysis.

“Present market conditions can dictate the value of an aircraft more than any other factor,” said Karim Derbala, JETNET Managing Director of Global Sales. “That’s why we integrated a Market Value Analysis tool within Marketplace Manager: to give you greater insight into the current market value of your aircraft.” Designed for dealers, brokers, appraisers, and financial institutions, the tool presents graphical representations of value-related markets, making it easy to evaluate and compare critical trends in the marketplace.

The new tool allows subscribers to understand the price history of aircraft, establish customized market surveys using their company’s market knowledge, review and understand current market values and recent trends, select and compare the value of aircraft to those with similar attributes, establish customized sold surveys by editing recent sales based on their market intelligence, select and compare the value of their aircraft to recent aircraft sold with similar attributes, review sold trends using customized market intelligence (or by reviewing JETNET summaries of sale price data), and save market value analysis and comparables for future reference and trends.

Advertisment

“If you already have Marketplace Manager, you’ll wonder how you worked without Market Value Analysis,” said JETNET Vice President of Sales Paul Cardarelli. “If you don’t have Marketplace Manager yet, this new capability makes it a must-have for aviation professionals.”

Among JETNET’s clientele are leading manufacturers, suppliers, and government and advocacy groups for business and commercial aviation worldwide. JETNET’s database of in-operation aircraft exceeds 100,000 airframes, which includes business jets, business turboprops, commercial airliners (both jets and turboprops), and helicopters (both turbine and piston).

“Our reputation has been built on reliable information and exclusive market intelligence, so our new release is especially crucial for anyone who wants to stay ahead of the market curve” added Cardarelli. “With accurate, confirmed market information regularly being added to our database, your global market picture is the most accurate you’ll find anywhere.”

Their soon-to-be-launched YachtSpot service significantly expands that potential, with a similar set of tools for luxury yacht professionals. They’ve applied their research and development expertise to a growing global database of luxury yachts that connects owners and users of both yachts and business aircraft into one global record.

“YachtSpot is perfect for yacht brokers, builders, owners, financiers, and service providers, and crossover opportunities for those in the luxury market” added Levine-Wilson. With research-based, verified information on yacht makes, models, owners, pedigrees, maintenance and more, YachtSpot includes business management tools, and yacht industry news and events. The service is currently available at three levels, one for yacht-only subscribers, one that includes both yacht and aircraft information, and a premium service that includes yacht and aircraft intelligence along with for-sale information.

The JETNET aircraft database includes comprehensive details on airframes, engines, avionics and cabin amenities, as well as aircraft owners and operators, lessors and lessees, fractional owners and a host of other entities associated with aircraft. Also included are transaction histories on aircraft dating back more than 25 years, monthly aircraft market summary reports, and a variety of other tools for accessing the global fleet and market on aircraft.

The company’s popular JETNET iQ (Intelligence Quarterly) service achieved a major milestone in the first quarter of 2015, reaching more than 8,500 total surveys completed from respondents in 125 countries, making it the most comprehensive on-going study of business aircraft owners and operators ever conducted. The 2015 JETNET iQ Summit, an annual gathering of industry thought leaders, will take place on June 23-24, 2015 in New York City. More information is available at JETNETiQ.com.

JETNET will be hosting a JETNET iQ State of the Market Briefing press conference in Press Conference Room #1 at EBACE, at 11:00am on Tuesday, May 19. This press conference will provide an update on the latest JETNET iQ industry analyses and forecast, with an emphasis on European developments.