Preowned private jet sales spiked, as prices stabilized in Q4 2020

Pre-owned private jet cost

Only 6.5% of 554 Q4 transactions had a price reduction compared to 26% of 174 Q2 deals

Following a plunge in preowned aircraft sales last March, members of the International Aircraft Dealers Association (IADA) saw a rising wave of used private jet transactions, highlighted by a fourth-quarter surge of 554 closed deals. 

Dealers of used private jets are getting busier, according to new data

Pre-owned private jet cost

A report from the International Aircraft Dealers Association shows pre-owned private jet sales are enjoying a strong rebound

During a VBACE press conference last week, the International Aircraft Dealers Association (IADA) revealed a couple of bright spots coming out of the COVID-19 pandemic.

Private jets for sale – $48.8 billion in used private jet sales forecast

private jets for sale

Transactions of used private jets for sale are expected to rebound in 2021 after dipping due to COVID-19

Pre-owned private jet sales will dip to 1,617 units this year as the industry struggles with the challenges of the impact of COVID-19 on the selling process. Last year, there were 1,839 transactions of pre-owned aircraft, according to an annual market survey by Jetcraft.

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