Business jet transactions grew 15.5% year over year in 2025, according to Global Jet Capital’s sixth annual Business Jet Market Forecast, which projects $247 billion in combined new and preowned transaction volume between 2026 and 2030. This year’s outlook is more optimistic than the company’s forecast a year ago, with 2025’s actual results outperforming what Global Jet Capital had projected at the time.
The 2026 forecast calls for a 3.6% climb in transactions this year, to 3,725 business jets—853 new and 2,872 preowned—worth $45.6 billion, up 5.5% year over year. Global Jet Capital expects the market to grow at a 2.8% average annual rate over the next five years, reaching 4,122 aircraft—928 new and 3,194 preowned—worth $52.8 billion in 2030. “Demand for business jets has strengthened alongside rising flight activity,” said chief marketing officer Andrew Farrant.
OEM order backlogs climbed to $66.8 billion by the second quarter this year. According to the report, “The growth in orders results from many users planning ahead for their aircraft acquisition/replacement and OEMs maintaining a measured approach to production.”
Heavy jets are expected to see the fastest growth among new deliveries, at an average annual rate of 3.3%, while preowned heavy-jet volume is forecast to grow 4.9%—second only to preowned very light jets at 5.3%—driven by buyer demand for range and cabin capacity.
North America is projected to remain the largest business jet market through 2030, accounting for 73.9% of global transactions. Accordin to the report, this region “has the largest installed base of business jets, strong market maturity, and aviation infrastructure that we expect to support continued strength in the market.” Latin America is forecast to be the second-largest market, at 12.1% of global transactions, driven largely by preowned demand.
The Asia Pacific and Middle East/Africa regions are also cited as growth opportunities, with the report noting that “sustained wealth creation over the last 25 years has resulted in a growing user base that appreciates the value proposition of business aircraft” in those markets.
Global Jet Capital’s outlook follows a similarly upbeat assessment the company gave AIN last year, when CEO Vivek Kaushal described the market as “good and balanced” and said he expected total transactional volume to push past $40 billion in 2026 or 2027.
In this article
More In Finance, Taxes, Insurance
