Senior Editor

Jerry Siebenmark

The median value of business jets across all size categories continued to rise year-over-year,&nbsp;according to Amstat’s quarterly report and estimates from analyst Jeffries. Large-cabin jet valuations increased 32 percent over&nbsp;the past 12 months, while super-midsize and light jets each climbed&nbsp;46 percent in the same period. Year-over-year midsize jet and turboprop valuations also rose by&nbsp;34 percent.

 


At the same time, the number of preowned business jet transactions was mixed. Preowned large-cabin and super-midsize jet transactions rose 7 percent and 10 percent year-over-year, respectively. However, transactions&nbsp;in the same period fell&nbsp;by 11 percent for midsize jets and by&nbsp;9 percent for both light jets and turboprops.

 


In terms of utilization, charter and fractional activity continues&nbsp;to increase from a year ago, according to Jeffries and Amstat. Part 91 flying, which was about&nbsp;40 percent below&nbsp;2019 levels last year, has likely increased year-to-date&nbsp;but is still trailing&nbsp;2019 levels by 15 to 20 percent, according to Jefferies.