No ‘silver bullet’ for pre-owned market
The used business jet market has not yet reached equilibrium.

The used business jet market has not yet reached equilibrium. That was the general consensus among industry experts at the National Aircraft Resale Association (NARA) forum in Dallas at the end of February.

Statistics compiled by JetNet support this. In fact, used business jet sales fell nearly 30 percent last year, and have shown signs of even greater stagnation so far this year, as transaction rates have sunk to levels not seen since 1991. A recent report from UBS found that available business jet inventory is now 69 percent higher than the prior year levels, while asking prices in most cases have dropped 20 to 25 percent from their recent heights.

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