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Global Jet: $193B Bizjet Market over Next Five Years
Market will return to growth in 2024 after declining for the past two years
Falcon 6X
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Global Jet Capital (GJC) forecasts that the business jet market will reach $193 billion in total new and preowned transactions between 2024 and 2028. Releasing its annual Business Jet Market Forecast on Monday at EBACE, GJC also anticipates that the market will grow again this year after two years of decline.

After reaching nearly 4,000 aircraft trading hands in 2021, the volume dipped to 3,545 in 2022 and 3,021 last year. But it is expected to increase to 3,181 this year. Dollar volume this year should approach the 2022 high of $36.6 billion and surpass that beginning next year before climbing to an estimated $40.3 billion by 2028.