Preowned Business Jet Inventory Falls, Prices Climb

Preowned business jet inventory fell 12% year over year (YOY) to 1,015 aircraft in February, while average list pricing rose 7%, according to the latest market analysis from Jefferies. The February inventory remained essentially flat from January but has declined 16% over the past six months. Available inventory represented 4% of the total in-service fleet compared with a one-year average of 4.6%, Jefferies said, citing its own analysis and Amstat data.

Large-cabin jets drove the inventory decline, falling 21% YOY, followed by light jets, down 10%, and midsize jets, down 9%. Average list prices rose 2% from January and climbed 7% from February 2025, though pricing remained flat YOY during the trailing six months.

For jets less than seven years out of production, available inventory contracted 36% YOY and 4% month over month to 2.1% of the fleet. Month-over-month inventory fell at Cessna by 10%; Bombardier, -7%; and Gulfstream, -6%.

Gulfstream availability dropped 50% YOY to 29 units, representing 1.5% of the fleet versus 3.2% last February. The decline was driven by the G650, with 19 fewer units available YOY. Three G650s were listed in February (one standard model and two Extended Range variants) at an average price of $54.2 million. Gulfstream average list prices rose 18% YOY to $32.0 million, led by the G650 up 39% and G280 up 12%.

Amstat data shows 85 G700s in service as of February, up four aircraft from January. Jefferies noted that, according to Amstat, 51 G800s have been produced, with 15 in the active fleet.

Bombardier inventory fell 44% year over year to 39 units, or 2.1% of the fleet. Global availability dropped 43% YOY, Challenger inventory declined 56%, and Learjet availability fell 38%. One Global 7500 was listed at $62.5 million. Bombardier’s average pricing slipped 1% YOY to $21.3 million, with Learjet prices down 15% while Global and Challenger pricing remained flat.

Cessna Citation inventory declined 32% YOY to 45 units, representing 2% of the active fleet. The year-over-year decrease was driven by the Sovereign down eight units and M2 down seven units. Four Latitudes and one Longitude were listed. Citation average list prices rose 24% YOY but fell 7% month over month. The increase was driven by a single Citation X+ listed at $11.2 million, up 236% YOY. The four Latitudes averaged $16 million, while preowned Longitudes are about $18.1 million.

Embraer availability fell 24% YOY to 37 units, or 2.8% of the fleet, driven by the Phenom 300, down four units, and Legacy 500, down three units. Embraer pricing remained flat YOY at $12.4 million.

Dassault inventory declined 5% YOY to 21 units, representing 3.9% of the fleet. Dassault pricing fell 8% YOY, with the Falcon 7X down 12% and Falcon 900LX descending 7%.