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Jetcraft has boosted its five-year forecast for used private jet sales in another example of the private jet rebound.
Demand for used private jets will remain above supply for the next six months. That’s according to the International Aircraft Dealers Association.
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.
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.