Airline delays, charter operators buoy used private jet market

private jet charter

Even as the pre-owned private jet market slows, executives expect a strong market through the end of the year

The number of preowned private jet transactions completed in the second quarter of 2022 dipped from 316 to 310.

$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.

Used private jet market to remain tight, demand strong

Pre-owned private jet cost

Preowned turboprop, light jet, midsize, large, and ultra-long-range jet markets, all show prices and demand up dramatically as supply will stay far below normal 

Demand for used private jets will remain above supply for the next six months. That’s according to the International Aircraft Dealers Association.

Jet Edge adds 27 Challenger 300/350/650s, Gulfstream G450s

Jet Edge International

In a market short of supply, Jet Edge International is adding 27 super-midsize and large cabin private jets that will be flying by December. Here’s how…

Charter operator Jet Edge International has used its $150 million war chest from KKR to quietly snap up 11 Bombardier Challenger 300 and 350 super-midsize jets, five Challenger 650s, and 11 large-cabin Gulfstream G450s. It is also finalizing an order for 15 to 20 new super-midsize and large jets. Deliveries will start at the end of next year.

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