The inventory of available business aircraft continues to rise, according to the latest information from industry data provider Amstat. In a snapshot of December’s activity, general manager Andrew Young told AIN that there were more than 2,400 preowned jets and turboprops on the market, 32 percent more than there were a year ago. That level, however, is still 19 percent below the 10-year monthly average number of listings. Preowned transactions for the first three quarters of 2023 were down by 19 percent year-over-year.
Jets showed available inventories of 7 percent of the active fleet across the board, according to Amstat. In the heavy jet segment, that represents a 43 percent increase from the year before and nearing the 10-year average of 8 percent for the month. That increased availability coupled with a reduced amount of transactions has led to a 9 percent drop in median value for the segment.
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