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Small business jet on the rise

Company Jet Support Services, Inc. (JS), a global provider of technical services and financial services in business aviation, has released a report on the activity of business aviation in the third quarter of 2015. The company expects a quarterly activity index of the world of business aviation (Business Aviation Index), which tracks plaque of business jets in the world, the industry application and the type of aircraft. According JSSI, compared with the third quarter last year, the global coating business jets increased by 4.3%. Company experts believe that now is business aviation traffic at the level of 80.7% from the peak in 2008. "Summer Activity in the third quarter of 2015 indicates the instability of the global business aviation grow back," - said Neil Book, president and CEO of JSSI. "The decline in oil prices had a negative impact on the helicopter industry, which relies on the Middle East and offshore operations. Stable economic conditions in North America and Europe are reflected in the growth of plaque compared with the previous quarter and year on year. Despite this growth in the third quarter of the health of business aviation is still far behind 2008 levels. " Index JSSI: Segmenting the data types of aircraft flying aircraft type provides a direct understanding of the trends in the costs of business aviation customers. Midsize and small planes as the first choice for medium-sized businesses are in the area of ??growth and showed an increase of plaque on an annualized basis. "Since the US economy is still strong and fuel prices remain low, owners and operators of small aircraft flying at more as medium-sized businesses need the availability and flexibility," - continued Mr. Beech. JSSI index: Regions of index data by region shows that the second quarter to the third quarter 2015 business aviation has grown in almost all markets. Africa has surpassed expectations, as showed the largest quarterly growth throughout the year. Noting African recovery, Neil Beech said that many foreign investors are optimistic about the prospects for growth in the region and continue to use business aircraft to fly in areas that are hard to get on a regular airline. Strong growth also came from the sharp drop in 2014 due to the unprecedented outbreak of diseases provoked by the Ebola virus. Reduced flight activity in South America by 9.7% year on year reflecting the overall weak state of the major economies in the region, according to the IMF forecast that this year will enter a recession. By industry segments use business services (12.0%) and construction (15.6%) showed the best results with double-digit growth in annual ischislenii.Neyl Beech concludes: "Investors continue to invest in the US construction industry, and the growth of this segment in recent quarters ahead of expectations. Thus, stable flight activity in this field corresponds to its high performance in recent months. In the areas directly related to the oil industry (energy and consumer goods), plaque in the third quarter decreased by 14.9% and 14.8% year on year, respectively. "

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