Jetcraft Archives

$57 billion in used private jet sales projected through 2025

December 1, 2021December 1, 2021by Doug Gollan5 Comments

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.

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

November 30, 2020November 30, 2020by Doug Gollan

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.

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Young UHNWs and billionaires are powering sales of large private jets

November 30, 2020December 1, 2020by Doug Gollan

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.

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Wheels Up adds whole aircraft sales unit

August 12, 2020August 12, 2020by Doug Gollan

Wheels Up Aircraft Sales enables the private aviation provider to offer one-stop shopping

Jet sharing, empty legs, on-demand charter, fixed-rate jet cards, aircraft management, MRO services, and now full aircraft sales brokering are under the Wheels Up brand

With a powerful digital presence and brand recognition only matched by market leader NetJets, Wheels Up is once again showing it intends to be a driving force in private aviation.

This morning’s announcement of Wheels Up Aircraft Sales puts the company into aircraft brokerage, acquisition, trade, and advisory services.

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