Finance, Taxes, Insurance
UBS Sees Sluggish Used Bizjet Demand
The financial company's survey shows inventories of used young aircraft rising except in North America.
Older aircraft are sitting on the pre-owned market as buyers find deals among newer models.
Older aircraft are sitting on the pre-owned market as buyers find deals among newer models.

The worldwide inventory of used business aircraft rose by one percent in September, representing 11 percent of the installed base, according to the latest report by UBS, which noted that this total is still below the historical average of 13 percent. While young aircraft (0 to 10 years old) inventories rose by 2 percent, available very young aircraft (0 to 5 years old) dropped by two percent, and have declined by 12 percent over the past year overall. The number of six- to 10-year old aircraft for sale has risen by 20 percent, though only 7 percent of the young fleet in North America is available for sale.


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