Exactly 10 years after the onset of the global financial crisis triggered by the bankruptcy filing of subprime mortgage specialist Lehman Brothers, market conditions for business aircraft are continuing to tighten. For buyers interested in a preowned business jet, about 1,900 aircraft are currently listed as “for sale” on the various online marketplaces, representing less than 9 percent of the in-service fleet—the lowest percentage availability in more than 20 years.
Only about 135 of these jets, or 7 percent of the for-sale total, are considered to be young inventory—aircraft delivered new in 2013 or later, many of which are still covered by a factory warranty. Buyers seeking a specific young inventory aircraft—such as a top-of-the-market Gulfstream G550 or Bombardier Global 6000—might be dismayed to know that only a handful of either model is currently listed for sale.
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