NAFA member, Global Jet Capital releases their Q2 Business Aviation Market Brief.
Coming off a very strong 2021 and 2022, the business jet market stabilized in H1 2023. Flight operations were down compared to 2022, but remained higher than pre-COVID levels, inventory levels continued to climb but remained below historical averages, and transactions declined from high levels over the past few years. While the economy remained resilient in Q2 2023, economists continue to keep a close eye on future macroeconomic conditions.
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This Market Brief was published by Global Jet Capital on August 22, 2023.
