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.

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.

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