Aircraft
Jefferies: Used Bizjet Inventory Up 40% YOY
Pricing is still up 25 percent as used business jet inventories have swelled by 40 percent from a year ago, Jefferies reports.
Challenger 604 in flight with landing gear down
Used aircraft inventories have increased across all aircraft categories but are still below the five-year average.

Inventory of used business jets for sale is up by 40 percent from a year ago and marks a 23 percent increase over the past six months, according to the latest report from analyst Jefferies. Citing Amstat data, Jefferies noted that the percentage of available inventory is still only 3.3 percent of the fleet, well below the five-year average of 5.8 percent. However, this has inched up from the one-year average of 2.8 percent.

Considering only jets less than seven years out of production, inventories have soared by 91 percent while prices rose 25 percent. All segments have contributed to the growing available inventory, with heavy jets increasing by 56 percent. Medium jet inventory climbed by 25 percent from a year ago, while light jet inventory is up 51 percent.

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