NAFA member Global Jet Capital releases it's Q3 2022 Business Aviation Market Brief.
IN Q3 2022, THE BUSINESS JET MARKET EXHIBITED STRONG PERFORMANCE, CONTINUING A TREND THAT BEGAN IN THE SECOND HALF OF 2020.
Driven by new users and returning customers, flight operations improved on a year-over-year basis, while demand translated into strong order activity as reported by manufacturers. Aircraft listings have increased in 2022; however, pricing remained stable in Q3 as overall levels were still low. With inflation and supply chain issues continuing in Q3, the biggest question going forward is the overall health of the global economy. Due to business aviation’s unique value proposition, strong demand, and pragmatic behavior by the OEMs, however, the business jet market has remained resilient.
This market brief was originally published by Global Jet Capital in November 2022.
