The growth in preowned business aircraft transactions may indicate a rebound in the market, which could signal increased demand for private aviation services. Tightening inventory suggests that sellers are in a strong position, which could lead to higher prices for preowned aircraft.
Transaction Volume Increases Amid Tightening Inventory
The preowned business aircraft market showed signs of growth in Q2, with transactions increasing 11.2% year over year, according to a report by AMSTAT. The market also saw tightening inventory, with preowned business aircraft inventory standing at around 430, 5.8% of the active fleet. Heavy jets led the market, with Q2 transactions up 43.8% year-over-year. The report was published by an unknown source.
The growth in preowned business aircraft transactions may indicate a rebound in the market, which could signal increased demand for private aviation services. Tightening inventory suggests that sellers are in a strong position, which could lead to higher prices for preowned aircraft.
Transaction Volume Increases Amid Tightening Inventory
The preowned business aircraft market showed signs of growth in Q2, with transactions increasing 11.2% year over year, according to a report by AMSTAT. The market also saw tightening inventory, with preowned business aircraft inventory standing at around 430, 5.8% of the active fleet. Heavy jets led the market, with Q2 transactions up 43.8% year-over-year. The report was published by an unknown source.