Q2 used private jet sales by IADA members increased 52% compared to Q1 with no signs of a let-up
Preowned private jet sales by International Aircraft Dealers Association members continued to climb in the second quarter of 2021. As a result, the inventory of late model private aircraft is tight, placing upward tension on prices, according to the group.
Global Jet Capital predicts $162.1 billion in total transaction volume of new and pre-owned private jets between 2021 and 2025, with a compound annual growth rate of 7.4 percent
Aircraft financing provider Global Jet Capital offers a bullish outlook for the sale of both new and pre-owned private jets between now and 2025. The forecast comes on the heels of fleet operators from NetJets to Wheels Up reporting record demand and jet card providers saying summer travel could be as much as 50% higher than pre-pandemic levels.
Airplane shipments increased 4.7%, to 2,443 units in 2018,
according to year-end results released by the General Aviation Manufacturers
Association (GAMA) today.
GAMA Chairman and Gulfstream Aerospace Corp. President Mark
Burns announced that globally, private airplane shipments increased 4.7%, to
2,443 units in 2018. Airplane billings increased 1.5%, from $20.2 billion to
$20.6 billion. Worldwide rotorcraft shipments rose 5.4%, from 926 to 976 units.
Rotorcraft billings decreased slightly, by 0.7%.