JetNet Sees Used Business Aircraft Inventories Rise | Aviation International News

JetNet Sees Used Business Aircraft Inventories Rise

Industry data provider JetNet has noted increases in used aircraft inventory in the private jet, turboprop and turbine helicopter markets.

By Curt Epstein • Business Aviation Services Editor

May 14, 2020

Preowned business aircraft inventories have begun to creep back up, according to the latest information from JetNet. The Utica, New York-based company noted the percentage of the worldwide private jet fleet for sale in March was up more than a half point year-over-year, to 9.9 percent. It marked the first time since 2016 that the month of March saw a year-over-year increase in the fleet percentage for sale. Business jet sale transactions slowed by 5.8 percent from March 2019, with aircraft on average taking 13 days longer to sell.

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