Inching Up from April, Used Bizjet Inventory Remains Tight
The number of preowned business jets available for sale was slightly higher in May from April but still less than half of what was available a year ago.
Midsize jets are leading the decline in available inventory and Bombardier's Challenger 350 is leading the decline in pricing for available inventory produced by the manufacturer, according to Jefferies. (Photo Bombardier)
Midsize jets are leading the decline in available inventory and Bombardier's Challenger 350 is leading the decline in pricing for available inventory produced by the manufacturer, according to Jefferies. (Photo Bombardier)

The preowned business jet market loosened a tiny bit in May with the number of aircraft for sale up 2 percent from April. However, the market remains much tighter than a year ago, with the number of preowned business jets for sale in May down by 51 percent, equating to a 2.4 percent available inventory, according to market analyst Jefferies, citing Amstat figures.