Gain Perspective on the Latest Business Aviation Market Trends

The business jet industry showed strength in Q4 2021. Driven by demand from new and established users, business aviation flight activity was high, the major OEMs reported strong results, and pre-owned aircraft were in demand, driving up transactions and prices while driving down inventory. Economic growth and continued demand place the business aviation sector on a strong footing to continue success in 2022.

Q4 2021 Highlights:

• Despite concerns related to supply chain disruptions, continued COVID-19 outbreaks, and inflation, the global economy grew at a strong pace.
• Furthermore, the entry of new customers into the market drove business jet flight operations to increase substantially compared to the same period in 2020 and 2019.   
  
• OEMs reported another strong quarter for their order books, driving up backlogs. And with a 29 percent increase in 2021 compared to 2020, the value of pre-owned transactions drove the overall business jet transaction market, which grew 14 percent compared to the same period in 2020.
• With strong pre-owned demand, inventory levels continued to decline and remained at historic lows.
• Limited supply and continued demand have given business jet sellers additional bargaining power, resulting in broad-based strength in bluebook values.

The business jet industry demonstrated the strong market dynamics that have developed over the previous years – including production discipline and steady demand growth. With new users continuing to enter the market, economic growth expected to maintain a positive trajectory, and general business activity expected to increase, the business jet market should maintain its current positive posture into 2022.

Download the Q4 2021 Market Report at: http://www.globaljetcapital.com/bjt-march