Aircraft
GJC: Bizjet Market Is Normalizing
The first quarter saw flight operations and transactions decline, but backlogs increased
Cessna Citation Latitude
GJC sees inventory and pricing more stable for younger aircraft models. © Textron Aviation

Global Jet Capital (GJC) saw a continued normalization in the business aircraft market in the first quarter with flight operations and transaction volumes declining year over year, available inventory levels increasing but still low, and OEM backlogs growing.

“As things stand, the industry is well positioned to weather any future economic downturn,” GJC said in its latest Business Aviation Market Brief.