After reaching record lows in December 2021, preowned business aircraft inventory is slowly creeping up, according to the latest JetNet iQ market report and survey data. Presented this morning at the annual JetNet iQ conference in New York City, program creator and director Rolland Vincent noted while strong pricing and valuations continue, the percentage of available business jets has now ticked above 4 percent for the first time since November 2021 with 950 aircraft on the market. Last year opened with an inventory of 7.6 percent and steadily declined.
The personal jet category leads in available aircraft, with 5.8 percent of the fleet for sale at the end of June, followed by bizliners at 5.2 percent and midsize jets at 5 percent. Turboprops and large, ultra-long-range jets ranked near the bottom of availability at 2.8 and 2.6 percent of their respective fleets for sale.
For the first time in four quarters, the third-quarter…
