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.