GJC: Bizjet Market Flourished in 2022, but Headwinds Persist
Flight operations, orders, and pricing propped up the business jet market in 2022, but economic headwinds will test its resiliency, GJC said.
Business jet on airport ramp at sunset
Flight operations, orders, and pricing propped up the business jet market in 2022, but economic headwinds will test its resiliency, GJC said. (Photo: © Jetlinerimages via Canva.com)

The business jet market remained strong on many metrics in 2022, but questions remain about whether 2023 may bring a tougher environment for the industry, Global Jet Capital (GJC) said in its latest Market Brief.

The 2022 fourth-quarter GJC report noted flight operations improved year-over-year; orders for new aircraft came in at high levels; transactions, while down, were still above pre-Covid levels; and pricing remained stable and overall available inventories remained low, even as aircraft listings increased.

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