The amount of pre-owned business aircraft, available for sale worldwide, has decreased down to 17.2 percent from 18 percent last month, as stated in this week’s report by Tinton Falls Amstat.
Tom Benson, vice president of the corporate aviation research firm says: “When we examine the past several months worth of market data the trend does seem to indicate that it`s likely that we have seen the peak in terms of used business aircraft for sale.”
Since 1990 this number has been about 12-13 percent in average, and in the period from late 2007 to early 2008 about 10 percent for jets and 8 percent for turboprops. This report also shows that worldwide business jet fleet resale transactions have increased from 0.6 to 0.8 per month for the last three month.
Tom Benson said that these numbers can be considered a first signs of market stabilization, even though they may not represent the end of the recession on the market for pre-owned business aircraft.