Aircraft
Pre-owned Update 2006

Business Jets

2006 saw a rebalancing of the jet market At the beginning of this year there was an eerie silence in the pre-owned aircraf

Business Jets

2006 saw a rebalancing of the jet market

At the beginning of this year there was an eerie silence in the pre-owned aircraft market, as if the music had stopped rather suddenly. As the year unfolded, it became clear that the inactivity amounted to a breather, a quick recovery period after a nearly two-year sprint that drove inventory down to a multiyear low, despite an ever-increasing jet population worldwide. The lack of transactions early on was due perhaps partially to the anticipation of and reaction to the introduction of the Cape Town Treaty boondoggle. This year quickly established itself as a year of rebalancing both in terms of inventory and pricing, and by mid-year the influx of market entrants began to equal to the outflow of used aircraft.