NAFA member JETNET releases Edition 4 of JETNET iQ Market Monitor.
Conflict Cuts Middle East Activity 19%, But Global Bizjet Demand Just Hit a Record
Global business jet departures grew 5.1% over the last twelve months and US corporate profits hit a record high, while the ultra-wealthy population that drives most of the industry’s demand is also at an all-time high. By almost any headline measure, the market through May 2026 looks healthy.
And yet, the energy shock that began earlier this year seems to have some negative impacts on the market, and it is still working its way through the system. Fuel costs have posted their sharpest spike since 2022, consumer sentiment has hit a record low, the Middle East (a small but fast-growing market until February), has been stifled, and pre-owned transaction velocity, running above 15% year-over-year in December, has decelerated to low single digits.
Both narratives can be true at the same time, and the full Market Monitor aims to join them together by joining JETNET’s serial-number-level asset data with WINGX’s tail-level flight activity. Here is how the four chapters read on a May 2026 trailing-twelve-month basis.
This report was originally published by JETNET on July 2, 2026.