Post-pandemic boom replaced by sustainable growth period reports JetNet
JetNet’s latest report says the business aviation market is transitioning from a post-pandemic boom to a more balanced and sustainable growth phase.
The report entitled Mid-2025 Market Snapshot: Business Jet Inventory, Pricing, and Activity combines analysis of flight activity, inventory trends, pricing dynamics and buyer behaviour over the first half of the year.
According to JetNet’s report, flight activity remains robust, with global business jet usage up approximately 3% year-over-year (YoY) and more than 10% above pre-Covid levels. The US continues to lead recovery, driven by demand from charter and fractional operators.
“Business jet activity continues to grow year on year,” said Richard Koe, MD of WingX. “Underscoring a systemic expansion of the user base over the last five years.”
Pre-owned inventory rose modestly—up 1.3% from January through June—although it remains below historical norms. The average age of listed aircraft reached 22 years, contributing to longer sales cycles. Still, demand remains strong, with whole-aircraft transactions rising 13.3% compared to the first half of 2024.
Paul Cardarelli, vice president of Sales at JetNet, said: “The market is maturing into a more thoughtful, resilient phase. Buyers are more selective, and the frenzy has cooled, but activity remains elevated, especially compared to pre-pandemic levels. This suggests we’re seeing a new normal, not a retreat.”
OEMs delivered 455 new business jets in the first half of the year, and forecasts project 820 total deliveries for 2025—an 8% increase YoY. Backlogs remain strong, and while pricing is showing signs of softening, values remain historically high, according to JetNet’s report.
Inventory levels remain well below the pre-2020 average. However, days on market rose from 184 days in the first half of 2024 to 220 days in the first half of 2025.
Aircraft mix is shifting: 3% fewer large jets and 3% more light jets were included in the inventory compared to the first half of 2024.
High-value transactions remain active, with the top recorded sale reaching $67.5m.
Looking ahead, JetNet iQ analysts believe the remainder of 2025 is expected to extend current trends: continued elevated usage, a healthy pace of transactions and moderate pricing corrections.
They also think structural shifts, including a younger and more diverse customer base and broader adoption of fractional models, position the industry for “continued resilience”.
“The post-pandemic landscape has redefined what’s ‘normal’ in business aviation,” said Rolland Vincent, JetNet iQ creator and director. “We are operating on a permanently higher baseline, with increased utilisation and durable interest from new customer segments.”
The full mid-2025 report is now available from JetNet.
