$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 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.

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