January 11, 2023
2023 Pre-owned Jet Pricing Outlook
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Private jet demand has boomed during the pandemic as the wealthy took control of their travel, yet the flight to luxury could have limited runway as some buyers spend beyond their means and the sector presents a prime target for climate critics.
Bidding wars for second-hand planes and premiums for early delivery of new ones dominated chatter at the National Business Aviation Association's (NBAA) show in Las Vegas last week.
Business jet production will however be limited by supply-chain capacity, added Don Dwyer, co-managing partner of aircraft brokerage Guardian Jet.
One unknown quantity is the amount of business-related travel, which is expected to take longer to recover than the leisure trips that underpin domestic U.S. airline traffic.
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