Used Bizjet Inventory Drops, but Still a Buyer's Market | Aviation International News

Used Bizjet Inventory Drops, but Still a Buyer's Market

Over the first nine months, used bizjet sale transactions rose 5.9 percent year-over-year, to 1,946, but jets are taking the same amount of time to sell.

While preowned business jet inventory decreased to 10.4 percent of the installed fleet in September, it is still a buyer's market, according to bizav data firm JetNet. However, the ultra-long-range jet category is a seller's market, with preowned inventory now sitting at 6.8 percent. This portends well for aircraft such as the Gulfstream G550. (Photo: Gulfstream Aerospace)

By Chad Trautvetter • Online Editor

November 1, 2017

Inventories of preowned business jets, turboprops and helicopters are all trending lower, dropping by an overall average of 0.5 percent year-over-year in September, according to data released on Monday by business aviation information firm JetNet. Business jets and turboprops showed the largest declines, with inventory of the former deflating by 1.1 percent from a year ago, to 10.4 percent, and of the latter falling by 0.7 percent, to 7.4 percent.

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