A look ahead at the next five years of the business aviation market

This expansive forecast contains projections through 2026 for the business jet market, including new deliveries and pre-owned transactions. The report contains a high level of detail based on outputs generated by Global Jet Capital’s proprietary forecast model.

Global Jet Capital projects $186.8 billion in total transaction volume of new and pre-owned transactions between 2022 and 2026.

Forecast Highlights:

• Overall, total new and pre-owned business jet transaction unit volume are forecast to decrease 8 percent in 2022 as pre-owned transactions take a step back from all-time high volumes seen in 2021. However, the increase of new deliveries and growing demand for larger jets should drive a 3 percent increase in transaction dollar volume, despite the decrease in overall transaction counts.
•  Major aircraft manufacturers reported strong order intake during 2021, resulting in increasing backlogs. As a result, most manufacturers plan to increase production over the next few years. New deliveries are expected to increase 7 percent in 2022, while new delivery dollar volume should increase 16 percent. Over the next five years, new deliveries are forecast to grow at a compound annual growth rate (CAGR) of just over 4 percent and dollar volume should grow at a CAGR of just under 8 percent.
• Following substantial increases in 2021, pre-owned transactions are forecast to decline by 11 percent in 2022, with pre-owned transaction dollar volume declining by 10 percent. An uptick in new deliveries, a continued normalization of markets, and a lack of options in pre-owned inventories should drive the decline. However, continued market demand should increase pre-owned deliveries over the next five years. Pre-owned transactions are expected to increase at a CAGR of just under 1 percent with dollar volume growing at a CAGR of over 2 percent.
• North America is forecast to continue to be the largest market for both new and pre-owned business jets, making up 77 percent of the total market. Europe is also an important market and Latin America will remain a significant market for pre-owned aircraft.

The new market forecast includes granular insights into transaction unit and dollar volume for new and pre-owned aircraft across geographical market segments, projected new deliveries across size classes, and original equipment manufacturer (OEM) activity that round out this detailed picture of the coming years.

Download the 2022 - 2026 Forecast: https://www.globaljetcapital.com/forecast-22?utm_source=BJT&utm_medium=display&utm_campaign=BJT