Almost $200bn in business jet deals possible by 2027, according to GJC

Global Jet Capital (GJC) believes there will be “continued growth for the next five years” in the business aviation market. The company said it expects $195bn “in total transaction volume of new and pre-owned transactions between 2023 and 2027”. “As expected, we have seen a levelling off from the unprecedented demand that our industry experienced post-pandemic, but looking ahead, we see a steady growth pattern for both new and pre-owned aircraft,” said Andrew Farrant, chief marketing officer. “Most OEMs have strong backlogs and should see improvements in supply-chain challenges that limited deliveries in 2022 and so far in 2023. Pre-owned