Aircraft
Jefferies: Used Bizjet Inventory Climbs Further in August
Average prices are down 8% YOY
Embraer Phenom available inventory is down, but is offset by the increase in Legacy jets on the market.
Embraer Phenom available inventory is down, but is offset by the increase in Legacy jets on the market.

Used available business jet inventories continued to climb this month, up 20% year over year (YOY) and 4% from July, according to the most recent report from analyst Jefferies. Citing its own and Amstat data, Jefferies added that the inventory of younger aircraft, those less than seven years out of production, has jumped 23% YOY but at a still low level of 3.9%.

Overall, 1,259 business jets have been for sale this month, equating to 5.2% of the total fleet. This compares with 1,051 for sale in August 2023, and the percentage of the available fleet is up from the one-year average of 4.6%. That increase crosses all aircraft sizes with midsize jets up 23%, heavies by 19%, and light jets by 18%, YOY. At the same time, prices are down 8% YOY and flat from July.

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