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AIN Online: Used Bizjet Inventory Levels Stagnant

March 28, 2013, 06:56 AM
Filed Under: Aircraft

AIN Online reported the number of pre-owned business jets for sale has remianed around the 2,500 level over the past several years since climbing from about 1,600 before 2008, according to business aviation market information firm JetNet.  Accordng to the report,  pre-owned business jet inventory is now receding as a percent of the in-service fleet, but it is doing so only because of new aircraft entering service.

AIN reports that JetNet’s latest market report indicates that pre-owned jet inventory fell 0.6 percentage points last month, to 13.3 percent, year-over-year. But for-sale business jet inventory has remained nearly flat–2,537 at the end of last month versus 2,567 a year earlier. During this time the number of in-operation business jets climbed by 472 to 19,005, a figure that also accounts for 132 aircraft that were retired over the 12-month period.
The report also states the pre-owned business turboprop has “clearly moved into a seller’s market,” JetNet said.

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