Charter Pricing Stable, Demand Down

Friday, January 7, 2011 (All day)

With the holidays over, demand for private charter flights has predictably decreased on a month-over-month basis. Projected demand for the next 30 days stands at 91.90 on the index employed by online charter portal Avinode. That's about half the level of 181.04 recorded on December 3. Nevertheless, there was an early indicator of longer-term recovery in the charter market since this year's
index was in fact up more than 26 points from 12 months ago. The latest Avinode forecast also suggests that pricing levels are holding up better. The global pricing index currently stands at 97.37, up almost a point from a month ago and more than six points above last year's figure.

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Quote/Unquote

“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham