Jetcraft: Large jet sales signal revived market confidence
By Asian Aviation Staff
•Mar 3, 2025
For the first time, large business jets now account for 20% of industry sales according to Ever Forward: The Pre-Owned Business Aviation Report by Jetcraft. The 2025 edition finds increased volume in the Large jet segment is driving a five-year forecast of 11,202 pre-owned aircraft sales, totaling US$73.9 billion in revenue. Chad Anderson, Chief Executive Officer, Jetcraft, says: “Transaction volume and values are up as business aviation waves goodbye to the post-pandemic frenzy of low inventory and short days on market. Industry confidence is back, promising sustainable growth to the end of the decade. As new Large jet models enter service, we also anticipate a further boost to pre-owned sales in this segment.” The report highlights how a rising wave of younger owners continues to fuel the industry long term, with the share of Jetcraft buyers aged under 45 nearly doubling in 10 years to a record 29% in 2024. Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft, adds: “We’re seeing a global shift in generational wealth, with businesses and investments inherited at a younger age than ever before. This, coupled with rapid growth in tech, AI and finance is accelerating an increase in ‘new tech’ billionaires, with Ultra-High-Net-Worth-Individuals (UHNWI) leveraging business aviation to support their professional and lifestyle needs. With this changing demographic comes increased diversity – 42% of Jetcraft buyers from this group are from the entertainment industry, and 29% are women.” Regionally, the Americas remain the major hub for pre-owned aircraft transactions, with 79% of all global sales taking place internally within the continent since 2020. Across the market, prices have stabilized, but Light aircraft continue to outperform, depreciating significantly slower than larger models. This is due to a rise in UHNWIs entering this segment since 2021. The 11th edition of Ever Forward marks an evolution in business aviation forecasting, leveraging detailed transaction data alongside shifting buyer behavior metrics to deliver a comprehensive picture of the next five years. Download the full report here. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Kay Rolland at [email protected]
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AAV News in Brief 02 March 2025Asian Aviation staff is comprised of award-winning journalists based throughout the Asia-Pacific region led by Editor Matt Driskill. 《亚洲航空》的编辑团队由主编马特·德里斯基尔 (Matt Driskill) 带领,汇聚了遍布亚太地区的获奖记者。
