Vref: Used Bizjet Sales Slow, Inventory Creeps Up | Aviation International News

Vref: Used Bizjet Sales Slow, Inventory Creeps Up

VREF reported that the available in-service fleet is up 1 percent from this time last year to 10 percent, while retail transactions are down 15 percent.

By Kerry Lynch • Editor, AIN monthly magazine

November 27, 2019

Business jet market activity is slowing with fewer transactions and increasing preowned inventory, according to Vref Aircraft Reference Value, Appraisal & Litigation Services. Inventory of the in-service fleet is up 1 percent from this time last year, to 10 percent, while retail transactions in the third quarter were down 15 percent year-over-year. Third-quarter transactions also were down 17 percent from the second quarter of this year, Vref added.

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Vref

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