Globally, second hand jet trade will account for $61 billion of trade by 2023.Trade in pre-owned business jets will outpace new plane deals by four-to-one as the global economy softens during the coming years.
Owner & Chairman of the Board at Jetcraft, Jahid Fazal-Karim, said in an accompanying statement that people who previously only bought new aircrafts are now "more willing to consider pre-owned." "New delivery units are forecast to flatten out as a result of an upcoming economic downturn, while pre-owned transactions continue to grow," read the analysis.
I went to CarMax didn’t like any of the Jets they had on the lot guess I’ll just have to wait.
It will grow even more if bitcoin hits one million dollars by 2023
Yeah because it's going to be so great in recession that we simply must buy a jet
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Source: Reuters - 🏆 2. / 97 Read more »