Foley: Bizjet Pricing Finally Appears To Be on the Rise
After more than a decade when OEMs had little leverage to firm up aircraft pricing, market conditions are ripe for increases.
Smaller preowned inventories, longer lead times, and inflation are all positioning the business jet market for increased prices. (Photo: Textron Aviation)
Smaller preowned inventories, longer lead times, and inflation are all positioning the business jet market for increased prices. (Photo: Textron Aviation)

After more than a decade in which OEMs had little leverage to shore up pricing for business jets, the market is finally starting to turn and prices appear to be in the early stages of increasing, according to industry analyst Brian Foley, founder of Brian Foley Associates. “Add one more item to the growing list of prices on the rise—private jets,” Foley said, noting that even a small percentage increase on business jets can raise purchase prices by millions.