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.

Here are the most popular private jets

Private jets for sale

From long-range private jets to single-engine turboprops, new data reveals the most-used private aircraft for 2019

The most popular private jet in the U.S. for 2019 wasn’t a jet.

The Swiss-made Pilatus PC-12 single-engine turboprop was the most popular private aircraft clocking 244,217 flights in 2019, according to Argus Traqpak.

Why private jet ownership is becoming an option for 50 hours per year fliers

Farmingdale, Long Island-based Ventura Air is making a case that you don’t need to fly 400 hours per year to own your own private jet

 

It used to be there was a fairly standard way to look at private aviation solutions. If you were flying under 25 hours per year, an on-demand charter was the way to go. Jet cards were for 25 to 50-hour fliers, while those between 50 hours and 400 hours you were in the red zone for fractional ownership and leasing. Only if you or your company needed over 400 private flight hours per year would full ownership make sense. 

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