Jefferies: Used Jet Inventory Rises along with Pricing

While the number of available private jets has risen over the past year, so too have the prices, according to industry analyst Jefferies.

Gulfstream G550 on static display backdropped by Gulfstream G650ER — Preowned heavy jets such as the Gulfstream G550 saw their inventories increase over the past year, while their prices rose as well. (Photo: Barry Ambrose/AIN)

By Curt Epstein • Business Aviation Services Editor

March 20, 2023

The preowned business jet inventory is continuing to rise, according to the latest data from Jefferies Equity Research. In its latest release, the industry analyst noted the number of jets for sale has increased by 53 percent over the previous year and by 29 percent over the past six months. In March 2022, there were 578 available aircraft—a near-record low—but that number has grown to 883 jets on the market. Inventory represents 3.5 percent of the in-service fleet, still well below the five-year average of 5.7 percent.

The increase was observed across all segments, led by heavy jets, with that inventory climbing by 72 percent from a year ago, followed by medium jets (up 62 percent) and light jets (up 38 percent). Among jet types in production in 2015 or later, the number on market has risen by 123 percent, while pricing has increased by 22 percent year-over-year.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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