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While preowned business jet transactions rose by more than 36% year over year, aircraft are remaining on the market longer, according to the latest statistics from JetNet. In a recent webinar, the industry data analyst noted that the preowned sector is often an early indicator of market trends.
Preowned transactions were up in every category, but the average time to sell increased by 85 days compared to 2024, as pricing continues to soften, particularly in the midsize category. Overall, values decreased by 6.1%, with mid-cabin jets seeing the steepest drop at nearly 20%. Light jets saw a 5% decrease in price, while large-cabin jets climbed 16%.
To JetNet, that indicates buyers may be more cautious about purchasing aircraft outright, and perhaps shifting to fractional ownership in response to evolving market conditions.
In the interim results of its latest quarterly JetNet iQ survey, more than half the respondents indicated that the market hasn’t reached its lowest point, a factor that survey creator Rolland Vincent of Rolland Vincent Associates attributes to concerns over economic growth, supply chain performance, and capricious tariff shifts.
He predicts deliveries of 820 new business jets this year, an 8% increase over 2024. “The backlog is solid, production slots are sold, and the U.S. market remains dominant, but uncertainty is quickly turning into unpredictability.”