Market analysis: Business jet inventory falls again
JETNET releases December 2013 and full-year figures for pre-owned business jets, turboprops and helicopters.
The percentage of aircraft listed for sale is dropping in almost every market sector, according to JETNET’s analysis of pre-owned business aircraft transactions for 2013.
The report confirms that it still very much a buyer’s market, with a rise in pre-owned business jet sales and the economy growing at “a pace that is prime for positive business aviation growth.”
JETNET says there were 2,303 pre-owned business jet sales in 2013 – over 8,300 business aircraft in total – with the percentage of business jets for sale dropping from 13.4 per cent in December 2012 to 12.5 per cent one year later.
The number of business jet sales also increased by 0.6 per cent and the average asking prices increased by 10.7 per cent.
Data: JETNET rounds-up the pre-owned business jet market
Rolland Vincent, creator/director of JETNET IQ, presented some of JETNET’s findings at International Corporate Jet & Helicopter Finance 2014 held earlier this month in London.