Aircraft
Used Bizjet Inventory Climbs Again in May
Available used business jet inventory increased by 23% YOY
Gulfstream G650
Average days for a G650 to remain on the market shortened in the first quarter, according to Hagerty Jet Group. © Gulfstream Aerospace

Preowned business jet inventory jumped 23% year over year (YOY) this month and ticked up by 3% from April, according to analyst Jefferies. Pricing, meanwhile, has ebbed by 2% YOY and 1% from last month.

Using its own estimates and Amstat data, Jefferies further noted that even for younger jets—those less than seven years since out of production—inventory is up 21% from a year ago. But for those models, the available inventory is still below historic levels at 3.7% of the in-service fleet.

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