Used private jet sales surge in Q2, expected to continue

PRIVATE JETS ON GROUND

Q2 used private jet sales by IADA members increased 52% compared to Q1 with no signs of a let-up

Preowned private jet sales by International Aircraft Dealers Association members continued to climb in the second quarter of 2021. As a result, the inventory of late model private aircraft is tight, placing upward tension on prices, according to the group.

Buying a private jet: How to find a good aircraft broker

Bombardier Global 5000

Veteran pre-owned private jet broker Janine Iannarelli shares how to find a good broker, and the questions to ask as part of the interview process

Last year, despite the pandemic, there were over 2,500 transactions involving used private jets. Par Avion Ltd. is an international aircraft marketing firm that specializes in the representation and acquisition of pre-owned business jets. The company was founded in January of 1997 by Janine Iannarelli, an industry veteran with over 35 years of aircraft sales experience. If you are considering buying a private aircraft, in this guest editorial, Iannarelli shares her advice on how to hire a broker.

Ajax Jets adds Falcon 50 co-ownership program

Falcon 50 interior

Dassault Falcon jet card provider Ajax Jets is adding to its fleet of nine Falcon 50s with a co-ownership program with hourly rates at $4,350 per hour

Ajax Jets, which launched last year offering a jet card program on an owned and leased fleet of Falcon 50s and 900s, is expanding its super-midsize fleet with a co-ownership program.

$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.

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