Preowned Bizcraft Transactions See Late-year Boost
Both Asset Insight and Amstat reported surges in transactions in the preowned business aircraft market in 2020, but values remain down.

Preowned business aircraft transactions jumped notably in the latter part of 2020, helping to drive down inventory levels, analysts report. However, this has not translated into a rebound in pricing, with values generally significantly lower than a year ago. Aircraft valuation analyst Asset Insight reported that preowned transactions in the last three months of 2020 were up 34 percent quarter-over-quarter and marked a 25 percent increase in demand over the fourth quarter of 2019.