Aircraft acquisitions seminar
The business jet market is doing well at the moment, with deliveries forecast to reach an all-time annual high of 1,200 by next year, but analysts at the 1

The business jet market is doing well at the moment, with deliveries forecast to reach an all-time annual high of 1,200 by next year, but analysts at the 12th annual Corporate Aircraft Transactions conference, held July 19 and 20 in New York, fear that supply could outpace demand and lead to a market downturn.

But the globalization of the corporate jet market could help mitigate the effects of oversupply because it creates demand and new competition. And contrary to the conventional wisdom of a few years ago, the global market isn’t just a dumping ground for old aircraft. The demand is strong for new and slightly used aircraft, mainly because it is more difficult to finance, register and import older aircraft. Interest from buyers in Russia, India and China, for example, is “tremendous.”