New research from Colibri Aircraft, which specialises in the marketing, resale and purchase of pre-owned private aircraft, reveals stabilizing prices and sharply reduced depreciation across six diverse types of popular private jet. The average asking price across these six models rose 1.56% over 2016.
In 2017 there was a sharp decrease in the rate of depreciation of private aircraft, and in select models even an increase in value. This is a significant turnaround following the previous nine years of consistently depreciating prices, including some of the sharpest decreases in value in the preceding four years.
The company says these developments are a result of a fall in the supply of pre-owned private jets for sale, an improving global economy, and an overall increase in demand.
Colibri Aircraft’s research reveals that for 2017, the average asking price was $9.145 million, up 1.56% on 2016 when the corresponding figure was $9.004 million. This compares to a fall in price of 17.32% between 2016 and 2015, and 11.9% between 2014 and 2015.