Download Global Jet Capital's quarterly
business jet market briefing.
Global Jet Capital’s Q1 2020 Quarterly Market Briefing covers the state of the aviation market for new and pre-owned business jets in 2020. Additionally, this report provides an overview of overall economic conditions, business jet flight operations, pre-owned and new market conditions, business jet transactions, and changes in aircraft residual values.
This report includes the following insights:
Special Feature Contributor: Jason Thomas, Managing Director and Head of Global research for The Carlyle Group, discussing the global economic impact of COVID-19.
- Business jet operations declined 9.7 percent compared to the same period last year as social distancing measures took effect
- While OEM backlogs remain healthy, a mix of shutdowns and furloughs led industry forecasters to reduce supply side forecasts between 25-50 percent
- While inventories, as measured by the percentage of the active fleet for sale, have been inching up since Q1 2019, they ended Q1 2020 below 10%, historically sound position.
- To date, there has not been a major increase in new aircraft being listed for sale.
- New and pre-owned transactions for the quarter were down 6.7 percent by unit volume and 16.4 percent by dollar volume versus the same period last year. Most of the drop-off was felt in March as the industry hit the “pause” button.