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Increase for both - inventory & asking prices

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Let’s move off from new aircraft models and take a look to financial part of the industry. Corporate Jet Investor and Asset Insight’s reports that both inventory and asking prices continue to rise during 3rd quarter of 2022. Pre-owned inventory continue to rise monthly since March but it’s still below 2021.  In comparison with 2nd quarter of 2022, the inventory has risen now with more that 11% . On the other hand, the average price increased with 8.9% comparing with the level during of the 2nd quarter. Mid-size jets claimed the biggest increase in asking price with a rise of 140% year-over-year according to the Asset Insight that mentions that norm-defying market may not last for long.

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