Analysis (1) from Colibri Aircraft, the private jet broker which specialises in the marketing, resale and purchase of pre-owned private aircraft, reveals there are only around 142 pre-owned private jets for sale in Europe at the moment, which is 42% lower than in December 2019 (there were 243 pre-owned private jets for sale then), and 31% lower than December 2020 (there were 207 pre-owned private jets for sale then).
The analysis reveals Germany, The Isle of Man, Austria and France have seen the biggest fall in the actual number of pre-owned jets for sale. In December 2019, they had 36, 33,19 and 16 aircraft for sale respectively, but the corresponding figures for September 2021 are 20, 20, seven and four respectively.
Malta, Estonia and Ireland all saw an increase in the number of pre-owned private jets for sale.
Country (top 10 by number of pre-owned jets for sale in December 2019) |
Number of pre-owned private jets for sale in December 2019 |
Number of pre-owned private jets for sale in December 2020 |
Number of pre-owned private jets for sale in September 2021 |
Germany |
36 |
26 |
20 |
Isle of Man |
33 |
32 |
20 |
UK |
22 |
21 |
12 |
Austria |
19 |
13 |
7 |
France |
16 |
10 |
4 |
Malta |
14 |
16 |
17 |
Luxembourg |
12 |
12 |
6 |
Denmark |
11 |
8 |
5 |
Czech Republic |
8 |
6 |
3 |
Spain |
7 |
10 |
6 |
European total |
243 |
207 |
142 |
Colibri Aircraft says the decline in the number of pre-owned jets is a global issue, and it is not just affecting the European market. It says there are a number of factors behind this:
Oliver Stone, Managing Director, Colibri Aircraft said: “We have been operating for over 10 years now, and this is probably the most difficult environment we have encountered by buying private jets - particularly for European compliant aircraft.
“We are having to rely on or extensive contacts and expertise to source reliable aircraft for clients who want to buy, and on the flip side we are ensuring that those clients who want to sell their aircraft are securing the best possible price.”
1 Colibri Aircraft analysis of AMSTAT data
2 GlobeAir