Jetcraft’s latest industry outlook delivers a unique analysis of the pre-owned business jet market and the positive future for the industry through 2025. Introducing a new methodology to fuel our data-driven approach, Jetcraft’s 2021 forecast recognizes the potential of untapped market opportunities and the impact of post-pandemic dynamics. With predictions on total transaction volume and value combined with buyer behavior analysis, the report determines how the business aviation industry will be shaped over the coming five years.
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Business aircraft sales totalled over $26B in 2018 and are forecast to reach $30B per annum by 2023.
The business aviation fleet is predicted to grow by 12.1% over the next 5 years for a total of 22,211 aircraft.
Growth in the pre-owned value proposition and increased demand for out-of-production aircraft are occurring due to easier, more accessible and less costly refurbishment options.
All in-development aircraft programs formally announced by manufacturers are exclusively Midsize and up.