For the first time, Large 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. 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 ten years to a record 29% in 2024.
Chad Anderson, Chief Executive Officer, Jetcraft, commented: “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.”
Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft, stated: “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.
flydubai will host its UAE National Careers Open Day on 16 August at the flydubai Campus, inviting UAE nationals to explore rewarding careers with one of the region’s fastest-growing airlines an...
Riyadh Air celebrated the launch of its inaugural service between Riyadh and Kuala Lumpur, establishing its first gateway into Southeast Asia. The inaugural event was celebrated in both cities, kickin...
An Airbus A319 of Lufthansa City Airlines is the world’s first test aircraft for a new generation of fuel-efficient AeroSHARK technology. Lufthansa Technik will test approximately 70 transp...
Daher Aircraft has strengthened its customer support coverage for Brazilian owners and operators of the fast, efficient TBM airplane family with the addition of two authorized service centers to the c...