Aircraft
Vref Sees Strong Market for Business Aircraft Sales
In the aftermath of the Covid pandemic, some segments of used aircraft inventory cannot keep pace with demand.
Older, refurbished aircraft such as the Gulfstream G450 are seeing strong interest from first-time buyers in the post-Covid environment according to Iowa-based aircraft valuation and appraisal data provider Vref.
Older, refurbished aircraft such as the Gulfstream G450 are seeing strong interest from first-time buyers in the post-Covid environment according to Iowa-based aircraft valuation and appraisal data provider Vref.

The general aviation market has seen a boom during the Covid pandemic this year, with the piston airplane market up as much as 35 percent from the fourth quarter and the current supply of aircraft under 1 percent, according to aircraft appraisal and data tracking provider Vref. Older and smaller business jets, as well as single-engine turboprops, have also seen a resurgence of late.


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