Preowned Market Showing Signs of Improvement
Since last year’s NBAA Convention, the industry has experienced a 10-percent drop in used aircraft inventory
Dassault Falcon 2000
Dassault Falcon 2000

The business jet market has been on the mend for quite some time, but only recently has the improvement shown clear signs of acceleration. According to recent statistics, it was about one year ago that the inventory of used business jets began to shrink at a faster rate than during previous years. Since last year’s NBAA Convention, the industry has experienced a 10-percent drop in used aircraft inventory, or nearly 300 fewer aircraft. As we enter the last quarter of the year, often the most robust for aircraft sales, this number should drop further as the momentum the market now has seems to be building even higher.