Preowned Business Jet Market Finds Balance
Now that buyers and sellers are on even ground, prices of used jets have stabilized.

The decline in preowned business jet inventory, which is now 9.4 percent of the in-service fleet, has brought an end to the buyer’s market, “but it’s not quite a seller’s market, yet—it’s more of a balanced market,” Mesinger Jet Sales president and CEO Jay Mesinger told attendees yesterday at the NBAA Business Aircraft Finance, Registration, and Legal Conference. “It’s becoming hard to find good preowned airplanes,” he said.