THE HORIZON AHEAD:
PRIVATE JETS REDEFINE
LUXURY TRAVEL GLOBALLY

​

In the plush leather seat of your private jet, with the world far below, you're part of an exclusive cohort that knows the true essence of luxury and time. The whisper of the jet’s engines, the seamless glide through the air—this is your sanctuary where worldly concerns fade, and possibilities stretch infinitely beyond the horizon. It’s not merely about reaching a destination; it’s about the journey itself, and right now, you’re at the forefront of a new era in private aviation.

Jetcraft, a leader in business aviation sales, forecasts that the global private jet market is entering a phase of stable growth. Worldwide, there is a growing demand for private aviation driven by a desire for exclusivity, efficiency, and unparalleled comfort. In the United States alone, the industry anticipates generating $70.7 billion in revenue over the next five years, solidifying its dominance in global business aviation. By 2028, annual transaction values are projected to reach $15.6 billion, underscoring the market’s resilience and strength.

​

​

Yet, this narrative extends well beyond the U.S. Private jet travel’s allure transcends borders. In Europe, the Middle East, and Africa  (EMEA)—the second-largest market for business aviation—transaction volumes and values remain robust. Whether cruising over the tranquil skies of the French Riviera or on vital business routes to Dubai, private jets serve as the ultimate tool for those who command time and space.

In the Asia Pacific region, although the market may be smaller, it wields substantial influence. Buyers here are increasingly attracted to pre-owned large-cabin aircraft, drawn to their extended range and superior comfort for long-haul journeys. These investments underscore private jets as indispensable assets for navigating the complexities of global business among ultra-high-net-worth individuals (UHNWIs) in Asia.

​

​

Jetcraft’s insights reveal a shifting demographic in private jet ownership. Younger buyers under 45 are emerging as pivotal figures in markets like the Middle East and Africa, representing 36.4% of all buyers. Their forward-thinking, tech-savvy approach is driving innovation within the industry, with a projected 5.1% compound annual growth rate in this segment through 2028.

Furthermore, Jetcraft identifies the five fastest-selling pre-owned jets in the current market, prized for their blend of performance and luxury. Leading the pack is the Citation CJ4 Gen2, typically spending just 23 days on the market, followed closely by the Phenom 300E at 53 days. The Praetor 500, noted for its range and advanced features, averages 60 days, while the PC 24 and Falcon 50 EX boast impressive sell-through rates at 82 days.

​