Aircraft
Jefferies: Bizjet Inventory Continues To Creep Up
Available inventory is up 16% in July
Citation
Available CJ2/CJ2+ jets are up by 20 units in July. © Textron Aviation

Market analyst Jefferies Equity Research added to the picture of a slowing used business jet aircraft market, noting that the number of aircraft for sale in July is up 16% year over year (YOY) and 12% over the past six months. Even with younger aircraft, inventories have increased 19% YOY but still represent only 3.7% of the total fleet.

The increased inventories cut across all categories, Jefferies added, with available midsize jets up by 21%, heavy by 18%, and light jets by 12%. At the same time, pricing is down 7% YOY.