Aircraft
Jefferies: Available Used Bizjet Inventory Dwindles
Available inventories are down 11% YOY overall and by 37% for younger models
A Gulfstream G650ER in flight
Available used Gulfstream G650s have declined notably in the past year, according to Jefferies. (Photo: Gulfstream Aerospace) © ExecuJet Malaysia | Gulfstream

The available used business jet inventory is down by 11% this month year over year (YOY) to 1,029, and by 12% over the last six months, according to the latest report from analyst Jefferies. Citing its own data and analysis, along with that of Amstat, Jefferies further noted that the inventory is down by 37% when counting only younger jets—those less than seven years out of production. However, both the overall and young inventories did tick up from April by 1% and 7%, respectively.

Driving the YOY inventory decline were available heavy jets, down by 26%. Available used light jets dipped by 8% and midsize by 5%.  As a result, pricing is up by 4% YOY, even if softened by 2% from April.

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