September 21, 2022
Jetcraft releases 5-Year Pre-Owned Market Forecast exploring new opportunities for business aviation
Jetcraft is releasing Ever Forward, its 5-Year Pre-Owned Business Aviation Market Forecast, identifying significant market opportunities and global trends.
Chad Anderson, Chief Executive Officer, Jetcraft says: “This year’s report predicts that, after stabilizing in the wake of a post-COVID surge, pre-owned transactions should maintain their new higher base and growth rates, reaching 10,921 transactions valued at $66.6B over the forecast period.
2021 was a record year for business aviation, with an annual total pre-owned transaction value of $14.5bn, a near 40% increase on 2020, principally driven by Large and Midsize jet purchases. Despite an equally strong performance in early 2022, Jetcraft predicts the market will soften with normal depreciation levels resuming in 2023.