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The association representing brokers of preowned private jets says members are seeing “some replenishment of inventory levels and a return to more rational pricing and valuations amid an environment of continuing customer interest and inquiries.”
The number of preowned private jet transactions completed in the second quarter of 2022 dipped from 316 to 310.
Jetcraft has boosted its five-year forecast for used private jet sales in another example of the private jet rebound.
Demand for used private jets will remain above supply for the next six months. That’s according to the International Aircraft Dealers Association.