UBS report finds used business jet inventory lowest since global financial crisis

Alud Davies
By Alud Davies September 11, 2017 15:38 Updated

UBS report finds used business jet inventory lowest since global financial crisis

The latest business jet market report by Swiss private bank UBS says that pre-owned aircraft inventory is at its lowest level since the 2008 global financial crisis.

According to the report, 10.5% of the global fleet was available for sale at the end of July 2017. July itself had a 5% reduction of inventory.

Overall, the region with the highest fleet percentage for sale was the Middle East, where 13% of the fleet is for sale. This is a touch higher than the 12% available in Europe. AsiaPacific had the lowest percent available, with 9%.

The Middle East also had the highest percent of 0-10-year-old aircraft available, with AsiaPacific following closely behind. Notable in this category were the US figures, where the 7% availability was the lowest of the regions.

Alud Davies
By Alud Davies September 11, 2017 15:38 Updated