The market is tough, yet it is possible to run your business there

altJuly 22, 2022
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To date, the global pool of new aircraft for sale has decreased from 2,300 to 800. The last time we witnessed such small numbers on the market was November 1998, when only 6,200 business jets were in operation. However, there are more than 23,000 such jets currently.

Due to the limited number of jets available in current economic circumstances, the customers have switched to the secondary market. The number of large and super medium business jets transactions in this segment increased by 7% and 10%, respectively, compared to last year.

Moreover, according to Amstat and Jeffries analysts’ reports, with the growth of charter and share performance, the average cost of business jets in all size categories continues to increase year-on-year, by 37% in total.

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altJuly 21, 2022
Excerpt from The American Conservative article

Dimitri Simes Jr., who writes for The American Conservative, in…

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alt
altJuly 21, 2022
Private aviation capabilities are expanding

The other day, Gulfstream G800 successfully completed its first flight,…

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