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.

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.

$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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