Used Business Aircraft Market Near 20-year Averages
by Chad Trautvetter
The global pre-owned business aircraft market, in the fourth quarter, was mostly on par with the 20-year average in terms of sales transactions and inventories, according to recent data from business aircraft market research and services firm Amstat.
Its data shows that 506 business jets, or 2.6 percent of the in-service fleet, changed hands in the fourth quarter, 0.3 percentage points below the 20-year average. Year-over-year, transaction activity increased for turboprops, light jets and midsize jets but fell for large-cabin jets.