This time is different: Private aviation expects to fly around the storms

NBAA Orlando

After a decade-long holding pattern following the 2008 financial crisis, top business aviation forecasters say the industry can navigate the world’s economic and political woes

Who? Us? Everything is fine. After being sent to a decade-long holding pattern by the 2008 financial crisis, it’s different this time. At least, that’s a summary from four of private aviation’s most followed forecasts.

$57 billion in used private jet sales projected through 2025

private jets in Miami

Jetcraft has upped its forecast for pre-owned private aircraft sales from $49 billion by 17% to $57 billion

Jetcraft has boosted its five-year forecast for used private jet sales in another example of the private jet rebound.

Private jets for sale – $48.8 billion in used private jet sales forecast

private jets for sale

Transactions of used private jets for sale are expected to rebound in 2021 after dipping due to COVID-19

Pre-owned private jet sales will dip to 1,617 units this year as the industry struggles with the challenges of the impact of COVID-19 on the selling process. Last year, there were 1,839 transactions of pre-owned aircraft, according to an annual market survey by Jetcraft.

Young UHNWs and billionaires are powering sales of large private jets

billionaire private jets

Ultra-High Net Worth private aircraft buyers under the age of 50 favor large-cabin private jets by a margin of 31 percentage points

Young Ultra-High Net Worth buyers like it big when it comes to their private jets. That’s according to a just-published market outlook for pre-owned aircraft sales by broker Jetcraft. It found 81% of buyers under 50 take large-cabin private jets compared to just 50% of older customers.

%d bloggers like this: