Inventory of Used Business Aircraft Continues To Shrink
Across all segments, including helicopters, there were 5,675 aircraft for sale in the quarter, down 10.7 percent, or 680 units, from a year ago.
Retail transactions of preowned very light jets, which includes the Cessna Citation Mustang, rose 43.8 percent in the first quarter, according to JetNet. (Photo: Textron Aviation)
Retail transactions of preowned very light jets, which includes the Cessna Citation Mustang, rose 43.8 percent in the first quarter, according to JetNet. (Photo: Textron Aviation)

Preowned turbine business aircraft inventories tightened across the board in the first quarter, but business jets shined most brightly, according to the latest data from business aviation research firm JetNet. Across all segments, including helicopters, there were 5,675 aircraft for sale in the quarter, down 10.7 percent, or 680 units, from a year ago. That equates to just 5.4 percent of the in-service fleet on the market.