Market Analyst Warns of Possible Bizjet Bubble
Recent analysis by Ascend by Cirium shows a superheated business jet pricing market which could be headed for a correction.
Cessna Citation XLS Gen2
Values for preowned midsize business jets, such as this Cessna Citation XLS Gen2, have climbed 50 percent since last year, according to data from Ascend by Cirium. (Photo: Textron Aviation/Cessna)

Newly-released analysis from Ascend by Cirium shows that market values for many business jets have increased perhaps unsustainably during the post-pandemic period on a constant age basis (comparing the same age of aircraft over time).

While the preowned business jet inventory increased in the second half of 2022, pricing for completed transactions continued to rise and “buyer distress” transactions—where customers were willing to pay higher prices, above the asking price in some competitive situations—continued throughout the year.