Jetcraft projects new and used private jet sales to reach $30 billion per year by 2023

used private jet prices

Despite the seemingly rosy forecast, figures underline how the industry has now struggled through a decade of tepid recovery

Private jet broker Jetcraft has released new research predicting 11,765 pre-owned transactions over the next five years, equating to $61 billion in value, and 3,444 new deliveries, representing $90.5 billion. By 2023, the total market for used and new deliveries will exceed $30 billion annually. Pre-owned business aircraft transactions are expected to outpace those of new deliveries four to one.

11 Key Takeaways From The JetNet iQ State Of The Market Briefing

private jet charter in Shanghai

If you live private jets, a Once Bitten, Twice Shy cautious optimism is tempered by the continued Driving Miss Daisy problem, perhaps a realization that life is a Bruce Springsteen song with a tinge of Ellie Goulding and Fleetwood Mac

 

One of the highlights of each National Business Aviation Business (NBAA) Aviation Convention & Exhibition is the JetNet iQ State of the Market Briefing which provides insights into both industry data and results from its quarterly surveys with business jet operators.