$162 billion in private jet sales through 2025, says Global Jet Capital

private jets in Miami

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.

New Private Jet deliveries by manufacturer (2015 to 2020)

Private Jet deliveries 2015 to 2020

Private jet deliveries by year from 2015 to 2020, by OEM, and private jet model from Airbus, Boeing, Bombardier, Cirrus, Dassault, Embraer, Gulfstream, Honda, Pilatus, and Textron

When it comes to private jets, COVID-19 impacted 2020 saw delivery of new aircraft drop to 644, the lowest count since 2004. It followed 809 new business jet deliveries in 2019, the best since 874 units in 2009, and 1,317 in 2008.

New private jet deliveries fall 20% in 2020, lowest since 2004

Challenger 650

Covid-19 impacted private jet deliveries to 644 units, down 20.4% from 809 in 2019, and the lowest since 2004.

New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.

Private Jet deliveries see big gains in 2019

New private jet deliveries 2009 to 2019

Business Jet delivers reached their highest total since 2009, according to the General Aviation Manufacturers Association

Many of the new aircraft will find their way to both fleet and fractional operators providing access to shareowners and jet card customers

Glory days, well, they’ll pass you by

Glory days, in the wink of a young girl’s eye

– Bruce Springstein

No doubt, many of those involved in manufacturing private jets recall fondly 2008. That’s when the industry delivered 1,317 new business jets. It was an increase from 2007’s then-record mark of 1,137 new private jets delivered. That busted the 2006 numbers, also a then-record of 887 units delivered.

With the Great Recession, deliveries of new private jets dropped to 874 units in 2009, even more to 767 in 2010, then 696 in 2011, before bottoming out in 2012 at 672 aircraft.

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