FXSolutions exceeds $1.3 billion in preowned private jet sales

FXSolutions, the pre-owned private jet brokerage and sister to fractional operator Flexjet has exceeded $1.3 billion in sales and completed 70 transactions since its 2022 launch.

Despite the continued situation with tariffs, executives say the market for preowned private jets “remains robust.”

FXSolutions provides expertise in acquiring, selling, owning, operating, and maintaining private aircraft.

Managing Partner Matthew Doyle says, “We pride ourselves on having decades of defined expertise and being positioned at the forefront of the private aviation industry.”

He adds, “In reaching this milestone, we affirm our place as a leading brokerage for the finest aircraft in the market.”

Ultra-long-range and large-cabin Gulfstream aircraft, including the G700, G650, and G450, make up nearly 50% of FXSolutions’ business.

‘Robust’ Private Jet Market

Doyle says premium aircraft continue to find a “robust” market for buyers.

Since the peak of Covid-led demand, Doyle says, used private jet buyers have returned to “a more calm, controlled manner than in the past, and this trend continues.”

Buyers are taking more time and being more selective.

During the COVID-19 pandemic, buyers often made purchases of pre-owned aircraft without the typical pre-buy inspections.

The current two- to three-year backlog of orders for new jets is also bolstering the pre-owned market, according to the executive.

The Return of 100% bonus depreciation in year one as part of the Big Beautiful Bill passed by Congress and signed into law by President Donald J. Trump last week “is expected to be a major driver in new aircraft sales, particularly for corporate flight departments.”

Doyle says the tax bill is likely to generate new “high-pedigree inventory” for the pre-owned market as companies take delivery of new aircraft.

Also, providing more inventory of used private jets is owners who “continue shifting” to fractional ownership.

Increased maintenance costs, lower charter revenue, and higher pilot turnover and training costs are driving the move to fractional ownership.

Preowned Private Jet Bottleneck

Delivery of new private jets reached their second-highest mark in 2024 since 2010 when the financial crisis led to a 40% drop.

Doyle points out that OEM deliveries of new private jets are projected to increase by 10% this year.

The expected result is an increase in the number of used aircraft entering the pre-owned market for sale.

The combination results in a bottleneck in pre-purchase inspection slots.

Buyers should allow up to 90 days to schedule an inspection, Doyle says.

The limited availability of pre-purchase inspection slots, coupled with stubborn parts shortages, is causing a bottleneck in many transactions.

Consequently, FXSolutions advises market participants to plan for a pre-purchase inspection now.

They recommend a timeframe of 90 days, an increase from the prior range of 45 to 60 days.

FXSolutions is an accredited dealer of the International Aircraft Dealers Association.