JetNet: Used Bizjet Market Swings To Seller's Market
Inventory of preowned business jets has decreased steadily from a high point of 2,938 aircraft in July 2009 to 2,143 jets in December.
Those looking for pristine preowned business jets are being advised to "buy now" by business aviation data firm JetNet, which has declared that the pendulum has swung to a seller's market. (Photo: David McIntosh/AIN)
Those looking for pristine preowned business jets are being advised to "buy now" by business aviation data firm JetNet, which has declared that the pendulum has swung to a seller's market. (Photo: David McIntosh/AIN)

The preowned business jet market transitioned to a seller’s market in December, with inventory now at 9.9 percent, just below the 10 percent threshold of inventory for sale and down from 11 percent in December 2016, according to data released yesterday by JetNet. Inventory of preowned business jets has decreased steadily from a high point of 2,938 aircraft in July 2009, or 17.7 percent of the in-service fleet, to 2,143 jets in December.