JetNet: Bizjet Inventory Takes 'Step Backwards' in 1Q
At the end of last month, 11.7 percent of the in-service business jet fleet was for sale, up from 11.4 percent last year.
Retail transactions of pre-owned midsize business jets, such as this Hawker 850XP, were brisk in the first quarter, increasing by 16.1 percent, to 216, from a year ago. Large-cabin transactions were also up, rising 11.3 percent, while those for light and very light jets plunged by 10.3 percent and 25 percent, respectively. (Photo: Beechcraft)
Retail transactions of pre-owned midsize business jets, such as this Hawker 850XP, were brisk in the first quarter, increasing by 16.1 percent, to 216, from a year ago. Large-cabin transactions were also up, rising 11.3 percent, while those for light and very light jets plunged by 10.3 percent and 25 percent, respectively. (Photo: Beechcraft)