Aircraft
Transactions on Upswing, Values Down for Used Bizcraft
Business aircraft transactions increased 14% in Q2 but values were down 18% over the past year
Gulfstream G550
The Gulfstream G550 was among the most transacted heavy jet in the second quarter.

Preowned business aircraft transactions increased by 14% in the second quarter year over year (YOY) and are ahead by 6% through the first half of the year, according to business aviation data analyst Amstat. However, this comes as the median value of aircraft on the market has dropped 18% over the past 12 months and 12% since the beginning of the year, Amstat reported, citing an increase in available inventory and softening demand.

Looking at preowned business jets, transactions were up 15% YOY in the second quarter and were 9% above the five-year average. For the first half, transactions increased by 7%. At the same time, inventory has increased by 23%, with 7% of the active fleet available.

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