Used Bizjet Inventory Drops, but Still a Buyer's Market
Over the first nine months, used bizjet sale transactions rose 5.9 percent year-over-year, to 1,946, but jets are taking the same amount of time to sell.
While preowned business jet inventory decreased to 10.4 percent of the installed fleet in September, it is still a buyer's market, according to bizav data firm JetNet. However, the ultra-long-range jet category is a seller's market, with preowned inventory now sitting at 6.8 percent. This portends well for aircraft such as the Gulfstream G550. (Photo: Gulfstream Aerospace)
While preowned business jet inventory decreased to 10.4 percent of the installed fleet in September, it is still a buyer's market, according to bizav data firm JetNet. However, the ultra-long-range jet category is a seller's market, with preowned inventory now sitting at 6.8 percent. This portends well for aircraft such as the Gulfstream G550. (Photo: Gulfstream Aerospace)