Growth set to continue says Global Jet Capital in latest market forecast
"Over the next five years, we forecast the number of transactions will increase at an average annual rate of 2.8%," says Andrew Farrant, chief marketing officer at Global Jet Capital.
Global Jet Capital is predicting “continued growth” in the business aviation industry for the next five years as it publishes its sixth Business Jet Market Forecast today.
That growth will be supported by increasing order backlogs, resilient economic growth, and continued wealth creation worldwide, according to the company. The report is based on output generated by Global Jet Capital’s proprietary transaction forecast model.
Andrew Farrant, chief marketing officer, Global Jet Capital said: “The market is seeing increased demand. Increases in business jet flight activity started in Q4 2024 and continued through 2026, rising 3.4% year-over-year in the first half of the year. Demand for business jets has strengthened alongside rising flight activity.
“We project OEMs will steadily increase deliveries to fulfil high backlogs, but lead times will remain long, leading to increased pre-owned market activity for buyers with immediate needs. Overall, the number of transactions is expected to increase 3.6% in 2026, and transaction dollar volume is forecast to increase 5.5%. Over the next five years, we forecast the number of transactions will increase at an average annual rate of 2.8%.”
Based on its model, Global Jet Capital projects $247bn in total transaction volume of new and pre-owned aircraft between 2026 and 2030, with transaction dollar volume expected to grow at an average annualised rate of 4.1% during that time.
In the report, the company forecasts that business jet deliveries of all size categories will increase during the period, but heavy jet demand will increase at a faster rate than other sizes. Global Jet Capital said this is a result of buyers favouring more range and capacity, with an anticipated increase in transaction volume for new and pre-owned heavy jets of 3.3% and 4.9% respectively. Transactions involving new medium jets and pre-owned very light jets are also projected to increase at faster than average rates.
North America is expected to remain the largest business jet market over the next five years, while Latin America is anticipated to be the second largest market by virtue of its high demand for pre-owned jets. Europe is forecast to continue to be an important market for new jets.
To download the Market Forecast, click here.
