Aircraft
Jefferies: Bizjet Brokers Increasingly Upbeat on Market
Brokers cite tightening demand, bonus depreciation in strong market
Gulfstream G800 is pictured in flight
Gulfstream’s G800 led the Jefferies’ survey in sentiment by aircraft model (Photo: Gulfstream Aerospace).

Optimism is increasing among business jet brokers as available inventories tighten up, according to analyst Jefferies. Releasing results of its 21st semi-annual business jet survey, which drew responses from 80 brokers globally, Jefferies said its sentiment index edged up to 7.2 on a 10-point scale. This is up from 7.0 in January but is shy of the 8.7 mark in January 2022 during an overheated market.

In the survey, 27% of brokers cited shrinking available business jet inventories as a signal of robust demand. In June, 1,029 aircraft were available for sale, representing 4% of the total fleet. This is below the 4.4% one-year average and down 11% year over year.

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