PRE-OWNED VALUES

Pre-owned transaction activity accelerated in Q4, driven by year-end closings and tax-planning strategies. Q4 2025 pre-owned transactions were up 6–8% vs. Q4 2024.

Transaction volume

OEM backlogs remained historically strong through year-end, continuing to provide long-term market stability. Combined OEM backlogs estimated at $45–50 billion exiting 2025.
Gulfstream, Bombardier, Textron, Dassault, and Embraer all maintained multi-year order visibility.
Turboprop demand stayed resilient for proven platforms such as the Pilatus PC-12 and Beechcraft King Air series.
Newer entrants (e.g., Cessna SkyCourier) gained incremental traction in cargo and commuter markets.

Manufacturer Backlogs

Global business aviation flight activity finished 2025 modestly above 2024 levels, with North America continuing to lead utilization. Fractional and charter operators remained key growth drivers, while Part 91 corporate activity held steady.

2025 flight activity: +3–4% vs. 2024

Fractional flying: strongest growth segment

Turboprop utilization remained solid, particularly in regional passenger, utility, and special-mission roles

Flight activity

Q1 2026

market overview

interested in discussing your aircraft's value?  Let's talk.

Pre-owned inventory

Inventory continued its gradual rebuild but remained well below long-term norms for late-model aircraft. Year-end 2025 inventory was ~6.7% of the active fleet,  which is still below the historical “balanced” range of ~8–10%.

Turboprop values remained stable overall, with strongest demand for late-model, low-time aircraft.

Average Asking Price:
     flat to slightly down in Q4

Light Jets:
     Stable to +1–2% QoQ

MidSize Jets:
     Largely Unchanged

Heavy Jets:
     Modest softening (-2–3% QoQ)

As 2025 closed, the general aviation market demonstrated continued resilience and normalization following the post-COVID surge. Activity remained healthy across business jets and turboprops, supported by stable economic conditions, easing interest-rate expectations, and sustained flight demand. While pricing moderated from peak levels seen in 2021–2023, transaction volume and utilization remained strong—resulting in a balanced, fundamentally sound marketentering 2026.

Pricing stabilized in Q4, with widening dispersion by age, maintenance status, and specification.