Aircraft
Jeffries: Used Bizjet Inventory Down 27% from a Year Ago
A report from Jefferies Equity Research shows used jet inventory has dropped by more than 25 percent since last September as prices have risen.
The year-over-year decline in pre-owned jet inventory was led by Gulfstream which decreased from 3 percent of the fleet available last September to just 1.8 percent or 34 aircraft, according to market analyst Jeffries Equity Research. (Photo: Gulfstream)
The year-over-year decline in pre-owned jet inventory was led by Gulfstream which decreased from 3 percent of the fleet available last September to just 1.8 percent or 34 aircraft, according to market analyst Jeffries Equity Research. (Photo: Gulfstream)

The inventory of preowned business jets is down 27 percent from a year ago, with just 2.7 percent of the in-service fleet on the market, according to a report this morning by Jeffries Equity Research. Large-cabin jets led the decline in availability, down 34 percent since last September, followed by midsize jets (down 27 percent), and light jets (down 24 percent).