Jetcraft releases 5-Year Pre-Owned Market Forecast

posted on 17th November 2020 by Eddie Saunders
Jetcraft releases 5-Year Pre-Owned Market Forecast

Jetcraft, the world leader in business jet sales and acquisitions, is releasing a 5-Year Pre-Owned Business Aviation Market Forecast – including, for the first time,  trends from the company’s own past transactional data and customer insights.

The latest forecast predicts pre-owned transaction volume and value will recover to steady growth during the five-year period, in spite of the challenges this year, reaching 2,271 transactions worth $11.1B annually by 2024.

Jahid Fazal-Karim, Owner and Chairman of the Board at Jetcraft, says: “Covid-19 has affected many industries, including our own. However, business aviation has started to recover and the reduction in commercial flight activity provides a real opportunity for the sector to further expand its customer base and secure long-term prosperity.