NAFA member, Global Jet Capital, shares their quarterly business jet market briefing.
Global Jet Capital’s Q4 2019 Quarterly Market Briefing covers the state of the aviation market for new and pre-owned business jets in 2019. Additionally, this report provides an overview of overall economic conditions, business jet flight operations, pre-owned and new market conditions, business jet transactions, and changes in aircraft residual values.
This report includes the following insights:
- Led by new deliveries, the business jet transaction market stabilized in the second half of 2019 after a weak first half
- Despite threats to trade, economic growth remained slow and steady while consumer confidence and low unemployment served to reassure many business jet market participants
- New deliveries refreshed a jet fleet that has been aging since the end of the financial crisis
- As the overall market stabilized, inventories continued to increase, but at lower rates in Q4 than earlier in the year
- Overall average residual values remained stable in 2018 and 2019, but model by model volatility continued, particularly in the heavy jet segment towards the end of 2019
- Sustainability will become increasingly important to the industry, which is now developing new techniques and technologies to offset and reduce carbon emissions
Click here to download the full report.
This report was originally published by Global Jet Capital on February 11, 2020.
