Global Second-Hand Private Jet Sales Market Report 2024

Market Overview & Transaction Volumes

2024 Performance:

- Total used private jet transactions: 2,309 (down 4.2% from 2023)

- Pre-owned business aircraft transactions were up 0.4% compared to 2023, but still 6% below historical averages

- The market showed modest recovery with inventory increases of 24% before recalibrating in December

Market Trends:

- Traditional ownership models are declining rapidly

- On-demand charter services now represent 52% of all revenue

- Fractional ownership has grown 67% year-over-year

Price Ranges & Market Valuation

Typical Price Ranges:

- Entry level: $2 million - $15 million

- Mid-size jets: $15 million - $40 million

- Large business jets: $40 million - $110+ million

Market Valuation:

- Total jet market valued at $46.51 billion in 2024

- Projected to reach $67.68 billion by 2032

- Average business jet values declined 0.6% in Q2 2024 vs Q2 2023

Regional Market Distribution

North America dominance:

- Accounts for 37.8% of global revenue share

- US holds the dominant position within the regional market

Aircraft Categories:

- Large business jets: 48.1% of global market share

- Medium-to-large jets seeing the most significant market shifts

Commission Rates & Sales Structure

While specific commission data isn’t readily available, industry standards typically show:

- Broker commissions: 3-6% of sale price

- Sales representative commissions: 1-3% of sale price

- Dealer margins: 5-10% depending on aircraft type and market conditions

Key Market Insights

Supply & Demand Dynamics:

- Inventory of pre-owned jets increased 1.3% from January to June 2025

- Higher inventory levels providing more reasonable pricing

- Average aircraft age affecting buyer behavior patterns

Market Challenges:

- Lower transaction volumes compared to pandemic-era peaks

- Price normalization returning to pre-pandemic levels

- Quality concerns driving buyer selectivity

Investment Opportunities

The data suggests strong potential for sales professionals and brokers, particularly given:

- Stabilizing inventory levels

- Growing fractional ownership market

- Shift toward service-based revenue models