2025-03-12, Wed.

Top Stories       Business       Culture & Life       Science & Technology       World

Lecture

Notification

 

NEWS > Business


Large Jet Sales Signal Revived Market Confidence, Reveals Jetcraft¡¯s Pre-Owned Business Aviation Report

Jetcraft notes more young entrepreneurs and women are also embracing aircraft ownership
Date: 2025-03-07

LONDON -- For the first time, Large jets now account for 20% of industry sales according to Ever Forward: The Pre-Owned Business Aviation Report by Jetcraft.

The 2025 edition finds increased volume in the Large jet segment is driving a five-year forecast of 11,202 pre-owned aircraft sales, totaling US$73.9 billion in revenue.

Chad Anderson, Chief Executive Officer, Jetcraft, says: “Transaction volume and values are up as business aviation waves goodbye to the post-pandemic frenzy of low inventory and short days on market.”

“Industry confidence is back, promising sustainable growth to the end of the decade. As new Large jet models enter service, we also anticipate a further boost to pre-owned sales in this segment.”

The report highlights how a rising wave of younger owners continues to fuel the industry long-term, with the share of Jetcraft buyers aged under 45 nearly doubling in ten years to a record 29% in 2024.

Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft, adds: “We’re seeing a global shift in generational wealth, with businesses and investments inherited at a younger age than ever before. This, coupled with rapid growth in tech, AI and finance is accelerating an increase in ‘new tech’ billionaires, with Ultra-High-Net-Worth-Individuals (UHNWI) leveraging business aviation to support their professional and lifestyle needs.”

“With this changing demographic comes increased diversity - 42% of Jetcraft buyers from this group are from the entertainment industry, and 29% are women.”

Regionally, the Americas remain the major hub for pre-owned aircraft transactions, with 79% of all global sales taking place internally within the continent since 2020. Across the market, prices have stabilized, but Light aircraft continue to outperform, depreciating significantly slower than larger models. This is due to a rise in UHNWIs entering this segment since 2021.

The 11th edition of Ever Forward marks an evolution in business aviation forecasting, leveraging detailed transaction data alongside shifting buyer behavior metrics to deliver a comprehensive picture of the next five years.



 to the Top List of News

MultiBank Group Named ¡®Best Prime Trading Broker¡¯ at Smart Vision Summit Oman
Andersen Global Advances Valuation Capabilities in Ethiopia with New Collaborating Firm
The Estée Lauder Companies Partners with Serpin Pharma, Inc to Develop Breakthrough Skin Care Ingredients to Advance Longevity
SLB Announces Debt Exchange Offer
Visa Tap to Phone Adoption Soars: 200% Year-over-Year Growth Worldwide
Rimini Street and T-Systems North America Announce a Strategic Partnership to Deliver Comprehensive
Mary Kay Inspires Future Innovators: Young Women in STEM ¡®Blend¡¯ Beauty and Science

 

The smarter E Europe: Smart Integration Saves Cash and Stabilizes Grid...
Tecnotree Reports Consistent Revenue, Margin Expansion and Three Conse...
Esri Launches Content Store for ArcGIS to Provide Easier Access to On-...
SLB provides update on planned acquisition of ChampionX
Autel Energy Debuts Ultra-Fast MaxiCharger DH480 at EVCharge Live Thai...
SEMPRE Partners with Radisys to Develop Resilient and Secure 5G Infras...
Turing Secures $14 Million to Scale AI-Powered Water Management Soluti...
Andersen Global Strengthens Saudi Arabia Presence with Al-Sharif Law F...
BROADMEDI and KHCA Sign Strategic MOU to Enhance Medical Tourism Servi...
Multiply Group Signs Landmark Investment with CVC and PAI Partners to ...

 

 

60, Gamasanro 27gil, Guro-gu, Seoul, Korea, e-mail: news@newsji.com

Copyright, NEWSJI NETWORK.