Finance, Taxes, Insurance
Preowned Heavy Jets Post Q2 Value Gains Amid Price Drop
Overall preowned transactions rose 11.2% in second quarter

Preowned large-cabin business jet median values climbed 13% year over year (YOY) in the second quarter even as average asking prices based on active listings fell 34.6% over the same period, according to data from Amstat. According to Amstat general manager Andrew Young, this divergence reflects a market sorting itself between desirable aircraft that are changing hands at firm prices and older, lower-value units that are sitting unsold and pulling down listing averages.

The large-cabin segment was the standout in a broadly positive second quarter for the preowned business aircraft market. Total preowned transactions of jets and turboprops combined increased 11.2% in the second quarter YOY, exceeding the 10-year second-quarter average by 14%.

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