Do more than stay up to date. Stay ahead with the release of Global Jet Capital's Q3 2022 Market Brief

In Q3 2022, the business jet market exhibited strong performance, continuing a trend that began in the second half of 2020. Driven by new users and returning customers, flight operations improved on a year-over-year basis, while demand translated into strong order activity as reported by manufacturers. Aircraft listings have increased in 2022; however, pricing remained stable in Q3 as overall levels were still low. With inflation and supply chain issues continuing in Q3, the biggest question going forward is the overall health of the global economy. Due to business aviation’s unique value proposition, strong demand, and pragmatic behavior by the OEMs, however, the business jet market has remained resilient.

Q3 2022 Highlights:

• The global economy faces persistent inflation and rising interest rates but remained resilient in Q3 due to a healthy labor market and service sector growth.
• Fight operations in the quarter were above year-ago levels due to a combination of continued demand from new users and the re-entry of historical users to the market.
• OEMs continue to experience strong demand and backlogs now stand at $43.5 billion, a 38.8% increase compared to Q3 2021.
• Growth in transaction volume slowed in Q3 2022 as the pre-owned market normalized when compared to a record 2021 and new deliveries were slowed by supply chain issues.
• As listings increased in 2022, inventory levels were higher in Q3 than earlier in the year but remained well below historic levels.
• With demand strong and supply remaining at low levels, business jet bluebook values increased in Q3.

The business jet industry demonstrated healthy market dynamics in Q3 2022, continuing a trend that started in late 2020. New business aviation users entered the market to avoid potential exposure to COVID-19 as well as to avoid disruptions in the commercial aviation market. These newcomers have continued to utilize business aviation while historical users began to return to the market, leading to increases in flight operations. While aircraft listings increased, demand remained strong, driving high orders and pre-owned aircraft values.

Download the Q3 2022 Market Report