Pre-Owned Sales Of Business Aircraft Rise In Q1

g700 tail fin

IADA says the certification of the Gulfstream G700 is likely to "deliver fresh pre-owned inventory into a marketplace eager for young, highly pedigreed aircraft, especially at the top of the market.”

Credit: Avpics/Alamy Stock Photo
The pre-owned business aircraft market saw an increase in first quarter 2024 sales with 253 resale transactions, up from 239 in the same period a year ago. The quarter ended with 248 aircraft under contract, compared to 206 at the end of 2023, according to a market report from the International...
Molly McMillin

Molly McMillin, a 30-year aviation journalist, is managing editor of business aviation for Aviation Week and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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