Aircraft
Used Jets: Vibrant Seller’s Market with Enduring Demand
A panel at NBAA’s Northeast Regional examined the market dynamics
Rolland Vincent moderating business jet market panel
Industry analyst Rolland Vincent moderated a discussion on the state of the business jet market this week at NBAA’s Northeast Regional Forum at New York’s Westchester County Airport. Panelists included aircraft brokers Josh Mesinger (seated center), v-p of Mesinger Jet Sales, and Edward Kilkeary III, managing partner with Avpro. © Curt Epstein/AIN

The new and young preowned business jet market remains very tight in terms of availability, according to data analyst and industry veteran Rolland Vincent of Rolland Vincent Associates. He moderated a panel discussion on the subject at NBAA’s White Plains Regional Forum this week at Westchester County Airport (KHPN) in New York.

Addressing the backlogs from the major OEMs, he noted, “If you’re a manufacturer in this industry, you’re sitting on two or three years of work, which is a good place to be if you’re them.” He added that the five major business jet makers (Bombardier, Dassault, Embraer, Gulfstream, and Textron) are approaching a backlog worth nearly $63 billion. “I think we’ll see a few manufacturers, at least two, go to 200 unit [deliveries] a year here pretty shortly.”