Business Aviation in the Post-pandemic Era

Rollie Vincent, Creator and Director of JETNET iQ, and Paul Cardarelli, Vice President of Sales for JETNET discuss how Business Aviation is recovering from the COVID-19 pandemic, market trends becoming visible, and how the industry may shape up as we move forward.  

Topics covered include:

• How the Business Aviation recovery from the COVID-19-induced crisis differs from the downturn in 2008/2009.
• The market forces that are impacting values today.
• Aircraft acquisitions by first-time buyers during 2020 and today.
• Market trends that stand out during the early months of 2021.
• Tailwinds, or headwinds, that could impact the business aircraft market in the near future.
• Will private flying increase or decrease once the COVID vaccine has become widely available?
• The potentially long-lasting changes to Business Aviation as a result of the pandemic.

About Paul Cardarelli

Paul is part of the foundation that built and supports JETNET.  He has been with the company from its inception in 1988 when he began his career there working in the Research Department.  There he gained his knowledge of the business aircraft sales trade and the mechanics of the marketplace.  In 1994 he was promoted to Sales Director and later Vice President of Sales.  In 2011 he participated in the launch of the JETNET iQ Business Aviation Forecast Service tailored to the strategic planning needs of business aircraft and powerplant OEMs and tier I and II suppliers.   

Paul is JETNET’s delegate to the NBAA Leadership Council, a member of the Business Aviation Subcommittee of the Transportation Research Board of the National Academies, a member of the AMAC Aircraft Sales and Acquisitions subcommittee to the European Business Aviation Association, and a former member of the board for the International Aircraft Dealers Association (formerly NARA).  He holds a Bachelor of Science degree in Business Administration with a concentration in Human Resource Management from the State University of New York at Oswego.   He earned his private pilot certificate in 1981.    

About Rolland (Rollie) Vincent

Rolland Vincent Associates, LLC (RVA) is a consultancy focused on aviation market research, strategy, and forecasting. RVA’s client base includes the world’s foremost civil aircraft and engine manufacturers, Tier I and II aerospace suppliers, MRO / FBO / flight training service providers, fractional / charter/fleet operators, aircraft lenders and lessors, aircraft brokers and dealers, aviation trade organizations, and the aerospace investment community.

With 35+ years in the aviation industry, Rollie has served as a trusted independent consultant and at Textron, Bombardier, and ICAO in various roles in strategy, marketing, business development, aviation economics, and statistics. Identifying a need for enhanced insights into the state of the business aviation marketplace, RVA partnered with JETNET in 2010 to create JETNET iQ, a respected source of independent market intelligence. Quarterly worldwide surveys of 500+ business aircraft owners and operators provide proprietary “voice of customer” insights that are at the core of JETNET iQ. Rollie is the immediate past chair of the U.S. Transportation Research Board’s Standing Committee on Commercial and General Aviation, where he oversaw subcommittees focused on business aviation, commercial aviation, and helicopters / vertical lift solutions.

A private pilot, Rollie earned a BA and MA in economic geography and an MBA in international business and marketing from McGill University.

JETNET iQ

Launched in January 2011, JETNET iQ is a forecasting and premium advisory service for the business aviation market, designed to help customers “Know More”. Available on an annual subscription basis, JETNET iQ has 3 main elements:

1. JETNET iQ REPORTS are the definitive analytical reference for the business aviation industry, incorporating state-of-the-industry analyses, proprietary aircraft owner/operator surveys, and detailed 10-year delivery and fleet forecasts, updated quarterly.
2. JETNET iQ SUMMITS provide fast-paced thought-provoking insights into the state of the industry, and unique networking opportunities.
3. JETNET iQ CONSULTING serves the needs of clients with customized research and analysis requirements on a project-by-project basis.

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