Pre-owned transaction value forecast per segment
Average transaction value increased by an unprecedented 38% in 2022. In 2023, we’re seeing normal depreciation levels resume and we predict that, from 2024, transaction values will reach a new annual benchmark of more than $15.4B.
Normal depreciation is returning and the market is predicted to remain stable due to several key factors. Firstly, and simply, the total transaction volume is expected to increase. Secondly, a significant portion of light jets from the under 25 year old pre-owned fleet will be retired. Finally, investment from OEMs has focused on mid and large size jets, therefore there will be an increased share of larger jets entering the pre-owned market.