Want to know what the next five years of private jet sales will look like? Then peer through the crystal ball with aircraft brokerage Jetcraft and its recently published market report.

Its “Ever Forward” report provides an in-depth look at the pre-owned business aviation market from now through the end of 2029. While it’s not the first time Jetcraft has published such a projection, this edition is the first to include a demographic as well.

The report concludes that with transaction volumes normalizing post-pandemic, the market will see steady and sustainable growth, driven in part by younger buyers, increased large jet activity and a resurgence in cross-border sales. Over the next five years, Jetcraft anticipates more than 11,000 preowned jet transactions generating $73.9 billion in revenue.

Its five-year outlook paints a picture of a maturing market—one that has moved beyond the volatility of the early 2020s and is now positioned for sustained expansion. With a growing buyer base, increasing international sales, and a diversified market landscape, business aviation is entering a period of steadier, more strategic growth.

After a post-pandemic a period of market correction, the report states, pre-owned aircraft transactions have stabilized above 2019 levels. Total pre-owned transaction value reached $13.4 billion in 2024, with 64% of all deals occurring in the United States, according to Jetcraft. Meanwhile, inventory constraints have eased, pushing the average days on market up from 122 in 2022 to 166 in 2024. The report expects this return to a more balanced environment to lead to more rational pricing trends.

As far as what is changing, the forecast takes into account the rise of the number of younger high-net-worth individuals purchasing aircraft. Last year, 29% of pre-owned buyers were under 45 — a figure that has nearly doubled in the past decade, the report states. This trend is largely driven by the tech, AI, and finance sectors. Additionally, 42% of Jetcraft’s younger buyers come from the entertainment industry, and 29% are women, highlighting increasing diversity within private aviation.

The market share for large jets climbed to 20% in 2024, Jetcraft states, a record high. This segment is expected to expand further as new models, such as the Falcon 6X, Gulfstream G700 and G800, and Bombardier Global 7500 and Global 8000, join the market. Strong demand for these aircraft, particularly in Asia and the Middle East, is bolstering pre-owned sales, with the Bombardier Global 7500 emerging as the most frequently traded model in these regions, according to the report.

Corporate entities continue to play a dominant role in business aviation, accounting for 60% of Jetcraft’s global transactions, with a strong presence from the finance sector. The Americas remain the focal point for pre-owned transactions, representing 79% of sales between 2020 and 2024. However, international markets are making a comeback, the report states, and cross-border activity has grown steadily.

Even though pre-owned aircraft prices have largely stabilized, light and midsize jets have proven more resilient, according to Jetcraft. These planes have held their value better than their larger counterparts and demand remains strong, particularly among first-time buyers transitioning from charter or fractional ownership. Midsize jets, offering enhanced range, in-flight connectivity, and operational efficiency, are poised for continued demand growth.

Read the complete Jetcraft report here.