Business aircraft financial solutions provider Global Jet Capital has released its first ever Business Aviation Market Forecast. The forecast contains projections through to 2025 for the business aviation market, including new deliveries and pre-owned transactions. It contains a high level of detail based on outputs generated by Global Jet Capital's proprietary transaction forecast model.
“Business aviation is a unique market with limited macro data sets that can be taken at face value, but there are always far richer stories that lie beneath, aircraft by aircraft, jurisdiction by jurisdiction, client by client,” states chief marketing officer Andrew Farrant. “We've dedicated ourselves to understanding those richer storylines and fundamentals through this unique transaction model and other data analytics.”
Based on its model, Global Jet Capital projects $162.1 billion in total transaction volume of new and pre-owned transactions between 2021 and 2025, with a compound annual growth rate of 7.4 per cent during that time.
The decision to share this information with the public reflects GJC's commitment to thought leadership in business aviation. The transaction forecast model responsible for these insights was used initially to shape the company's annual operating plan and has grown in complexity and sophistication over the years. The new Business Aviation Market Forecast includes granular insights into transaction unit and dollar volume for new and pre-owned aircraft across geographical market segments, projected new deliveries across size classes and OEM activity that round out this detailed picture of the coming years.
Global Jet Capital believes that the projections contained within the forecast will be a useful tool for individuals and organisations as they navigate the years to come. The Market Forecast can be downloaded from the Global Jet Capital web site.