As 2021 progressed, the business aviation market demonstrated remarkable resilience coming out of the global downturn of 2020. Buyer confidence returned faster than expected, driven by new entrants to private aviation and corporate flight departments re-evaluating travel strategies.
Inventory levels remained historically low throughout much of the year, with strong absorption across light and midsize jet categories, including the Citation Excel/XLS, Hawker 800XP, and King Air series. Sellers of well-maintained, U.S.-based aircraft on engine programs often saw competitive bidding, shortened days on market, and premium values compared to just a year prior.
The preowned market also saw heightened demand for super-mid cabin jets such as the Citation Sovereign and Challenger 300, as companies looked for more efficient ways to connect multiple regions without fully stepping into the heavy jet segment.
Looking forward, 2022 is poised to carry this momentum as aircraft availability remains tight and demand for quality inventory continues. For buyers and sellers alike, the importance of professional representation and a tailored market strategy has never been greater.