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Virtual Hangar has introduced Jetstimate, an AI-powered feature that delivers instant private jet value estimates through simple tail-number searches in the US. After its soft launch in November, the tool drew early engagement from aircraft owners, brokers, operators and financial institutions.
Early uptake signalled the demand for faster and more transparent valuation intelligence in an industry that has traditionally relied on opaque and time-consuming appraisal processes. Jetstimate allows users to view live estimated market values for private jet aircraft across the US, free to the public, alongside verified aircraft specifications linked directly to each tail number.
The valuation engine is powered by more than 9.27m aviation data points, proprietary AI algorithms and machine-learning models developed by Virtual Hangar’s in-house data science team. The system integrates aircraft attributes, historical market activity, operational trends and pricing intelligence to generate real-time valuation insight at scale. Recent advances in AI have accelerated the platform’s accuracy, addressing a long-standing industry challenge around speed and access to data.
“Virtual Hangar has already attracted interest from leading aircraft-leasing banks seeking faster, data-driven alternatives to costly, time-consuming appraisals,” says Virtual Hangar CTO Paul M. Svensen. “Jetstimate brings unprecedented speed and clarity to aircraft valuation while maintaining a high degree of precision.”
The timing of the launch coincides with broader shifts in private aviation ownership. A recent Forbes report highlights a generational change in the market, noting that buyers under the age of 45 increased by 28 per cent between 2018 and 2023. This cohort increasingly expects instant access to data, greater transparency and technology-led decision-making.
Beyond valuation, Virtual Hangar operates as an aviation platform that uses AI to match travellers with aircraft already repositioning or returning empty, while supporting booking, pricing and operational workflows across private aviation. Jetstimate is available via the Virtual Hangar website.