Jetcraft presents its annual Market Forecast, which explores the resilience of business aviation and predicts a return to strength for the industry post-Covid-19.
10,183 pre-owned business aviation transactions are forecast over the next five years, representing $48.8bn in value
Pre-owned transaction volume and value will recover to steady growth during the forecast period, reaching 2,271 transactions worth $11.1B annually by 2024
The number of Large Jet transactions will increase over the next five years, albeit at a slower pace compared to previous years
The average annual pre-owned transaction value has seen its lowest point in 2020 and will rebound, remaining stable over the next five years
