Used jets inventoriesBy Jefferies published on Aviation International news
Inventory of preowned business jets for sale this month is up 18% year over year and 1% higher month over month, according to an analysis from Jefferies Equity Research and using data from Amstat. Year to date, inventory rose just 2%.
For jets less than seven years out of production, there was a 17% increase, with inventory sitting at 3.9% of the fleet. The increase was across midsize (+28%), large-cabin (+13%), and light business jets (+15%). Pricing contracted 7% YOY and 2% from May.
Used business jet inventory among the top five business jet OEMs—Bombardier, Dassault, Embraer, Gulfstream, and Textron Aviation—stood at 3.8% in 2024 versus 3.6% last month and 3.3% last June.
Bombardier fared the best, with inventory of its jets rising by just 2% year-over-year, to 59 aircraft. The rest of the top OEMs saw units for sale climb by double digits YOY: Embraer and Gulfstream, both up 27% YOY, to 32 and 90 aircraft respectively; Textron (Cessna Citation), up 28%, to 137 jets; and Dassault Falcon, up 47%, to 25 aircraft. Meanwhile, prices for preowned Cessna Citation, Gulfstream, Embraer, and Bombardier jets fell, but increased for Dassault Falcons.