Vref: Bizav Aircraft Market Showing Signs of Slowing | Aviation International News

Vref: Bizav Aircraft Market Showing Signs of Slowing

The pre-owned busines aircraft landscape has changed dramatically since the heady days of 2021 and 2022.

Bombardier Challenger 604 on take off — According to the latest Vref report the market for older, larger aircraft such as the Bombardier Challenger 604 is tipping into the buyer range. (Photo: AIN)

By Curt Epstein • Business Aviation Services Editor

June 2, 2023

Preowned business aircraft inventory in the older super-midsize and large-cabin jet categories have continued to rise, according to the latest data from industry pricing guide Vref. In its just-released second-quarter market trend report, the company noted that for aircraft such as the Bombardier Global Express and Challenger 601, 604, and 605; Dassault Falcon 50; and Gulfstream IV, inventory has reached its highest point since 2019, with all of these models showing more than 9 percent availability.

It added that these totals do not include off-market listings that could easily push totals past 15 percent. Among the factors for this increase are technical obsolescence, higher maintenance costs, and limited financing options.

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.

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. 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. 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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