Used Business Aircraft Inventories Climb, Values Slip
With pre-owned business aircraft inventories climbing, asking values are slipping, albiet remaining higher than a year ago.
Preowned G650 for sale
For used business jets globally, inventories increased for the 11th consecutive month, according to Sandhills Global's December marketplace report. (Photo: Chad Trautvetter/AIN)

Used business aircraft inventories continued to climb last month while asking values are declining, according to Sandhills Global’s latest marketplace report. Even so, aircraft values remain higher than a year ago, the company added.

Specifically, preowned business turboprop inventories in the U.S. and Canada increased 3.18 percent month-over-month and 10.19 percent year-over-year. At the same time, values dropped between November and December by 3.58 percent but asking prices were 18.72 percent higher than a year earlier.