NAFA member, Global Jet Capital, released its latest Business Aviation Market Brief.
Q4 2024 marked a period of stability for the business jet market following unprecedented utilization and demand in the aftermath of the COVID-19 pandemic. The market continued to demonstrate strength and resilience, evidenced by an increase in flight operations, continued strong backlogs, and a high volume of transactions. Inventory gradually increased throughout 2024, but declined in Q4 compared to Q3, and remained below pre-COVID norms. Additionally, the macroeconomic environment experienced steady growth and declining inflation levels, despite geopolitical uncertainty. Overall, the industry is poised for a strong start to 2025.
This Market Brief was originally published by Global Jet Capital on February 19, 2025.