How to Monitor the Private Jet Market

You may know that jet values fluctuate based on market conditions, including larger economic factors, the political environment, and aircraft production and inventory changes.

To keep an eye on the market, you need to stay informed through a variety of channels. Similar to how you might monitor the economy by reading a number of news sources to gain multiple and varied perspectives, gathering information on the private jet industry requires similar due diligence.

Closely monitor the jet market using the resources below, which will help you determine the best time to acquire a small jet, mid-size jet, or large private jet plane for sale.

Read Widely In and Out Of the Private Jet Industry

The private aircraft industry is dependent on many aforementioned factors and conditions. What you know about the larger context in which the private jet market is situated helps inform your understanding of the best time to buy aused private jet for sale.

Consider reading business newspapers and magazines, as well as analyses and opinion pieces written by economists. Also pay attention to how an election year and political upheaval affects - or doesn’t affect - the jet market.

Of course, you should also specifically read about the private jet market’s inner-workings. For example, stakeholders in the business of selling private jet planes rely on the International Aircraft Dealers Association (IADA) for a better understanding of the market, given their presence in over 100 countries. This organization’s perspectives are often published in leading private aircraft newsletters and magazines, where you’ll find commentary on how certain market factors impact the industry. These analyses may influence your decision about when to buy a small jet, mid-size jet, or large private jet plane for sale.

Read the International Aircraft Dealers Association’s Market Report

IADA also publishes a quarterly market report, which provides an in-depth perspective on the private jet market. These reports include:

● An introduction from IADA’s Executive Director.

● Surveys from IADA members, including IADA Accredited Dealers.

● Quoted observations on used private jets for sale from IADA members.

● And much more.

For example, the most recent report observes that the market is balanced for buyers and sellers, prices have recently stabilized, and all signs point to a strong market for buyers and sellers in the next six months.

Leverage a Private Jet Resource That Notifies You About Desired Inventory

After you’ve bookmarked resources to understand the market as a whole, consider monitoring specific aircraft from the manufacturers you’re most interested in. If you’re unsure how to select an ideal model, look to this guide of 2024’s popular jets, which can help you get acclimated to the language of this industry and specific requirements you may be looking for, including size, range, and comfort.

After you’ve chosen a handful of specific manufacturers or models, you can use an inventory resource like AircraftExchange.com, which allows you to track the availability, specifications, and price of used private jets for sale over time. You can even set up notifications when availability or prices change, so you can remain on top of inventory and know what’s available when you’re ready to acquire a small jet, mid-size jet, or large private jet for sale.

A Thorough Approach to Your Private Jet Acquisition Will Pay Off

After you’ve set the goal to acquire a high-quality used private jet for sale, you can begin actively working toward that goal to ensure market conditions are favorable to you. Using a balanced set of resources will help you land on the right timing for your business needs.

The more comprehensive your exploration and research of the private jet market, the more likely it is that you will find meaningful information that helps you make your decision on when to acquire a jet plane for sale.

Your business experience tells you that those who go the extra mile often reap the benefits of their intensive work and commitment. The same will be true when you dedicate yourself to understanding this market.

To help you begin your research, start with these in-depth articles on today’s business jet market:

● The LatestPrivate Jet News In 5 Quick Reads

● Why 2024 Is the Time to Invest In a Private Aircraft

● It’s Time to Leverage the Hard Data About Business Travel