Introduction to a Maturing Market

The pre-owned business jet market has officially transitioned from its pandemic-era volatility into a phase of measured stability and resilience as we move through 2026. According to the latest Pre-owned Market Report published by Bombardier, the industry is currently characterized by tight inventories for late-model jets, stabilized pricing, and near-record transaction volumes. We have reviewed the manufacturer’s proprietary data, alongside broader industry metrics, to understand the forces shaping the secondary market.

Driven by multi-year waitlists for new aircraft, favorable tax policies, and a surge of younger buyers, the pre-owned sector is demonstrating robust health. Bombardier’s report serves as a critical intelligence tool in this environment, leveraging the manufacturer’s exclusive fleet data to guide buyers and sellers navigating the Learjet, Challenger, and Global platforms.

Market Normalization and Inventory Constraints

Pricing and Availability

Following the historical highs recorded between 2021 and 2023, pricing within the pre-owned sector has stabilized. Industry data indicates that average asking prices have decreased by approximately 10%, creating a healthier, more balanced environment for buyers without triggering a market crash. Despite this pricing normalization, pre-owned inventory remains exceptionally scarce.

According to Bombardier’s market intelligence, available pre-owned jets represented only about 5.0% to 6.7% of the active global fleet by the end of 2025. This figure sits well below the historical benchmark for a “balanced market,” which typically ranges from 8% to 10%. The constraint is even more pronounced in the ultra-long-range segment; inventory for Bombardier’s Global models fell to just 4.9% at the close of 2025.

“Prices have really come back to a healthy stabilization. They have come down about 10% across the board from the highs of 2021 to 2023.”

Transaction Volume Surge

The fourth quarter of 2025 witnessed a massive spike in market activity. Pre-owned transaction volumes increased by over 68% compared to the third quarter of 2025. This late-year surge propelled 2025 to become the second-highest year for transaction totals on record, finishing just 1% shy of the all-time high set in 2021. Furthermore, the absorption rate, the time it takes to sell an aircraft, dropped precipitously from 9.7 months in Q3 2025 to just 5.0 months in Q4 2025.

“Higher fourth-quarter activity reflected a healthy, disciplined market supported by bonus depreciation, improving interest rates and tight inventories.”

Demographic Shifts and Industry Drivers

The Youth Movement in Aviation

The demographic profile of the private jet buyer is undergoing a significant transformation. Buyers under the age of 45 now account for 29% of pre-owned transactions, a figure that has nearly doubled over the past decade. This shift is heavily driven by new wealth generated within the technology, artificial intelligence, and finance sectors, bringing a wave of younger principals into the multi-million dollar asset class.

Macroeconomic and OEM Factors

Several macroeconomic tailwinds have supported this sustained demand. The return of 100% bonus depreciation in the United States in 2025 acted as a massive catalyst, pulling many buyers forward to close deals before the end of the year and heavily skewing the market toward U.S. buyers. Additionally, global flight activity, a leading indicator of jet sales, remains robust. Global business jet movements in 2025 were 5% higher than in 2024, recording a record-breaking 3.9 million departures.

Looking ahead, the market value forecast remains exceptionally strong. According to Jetcraft’s 2025 report, the industry is projected to see 11,202 pre-owned transactions between 2025 and 2029, representing a staggering $73.9 billion in total value.

Bombardier’s Strategic Positioning

The Certified Pre-Owned (CPO) Advantage

To capitalize on the booming secondary market, Bombardier launched its Certified Pre-Owned (CPO) program in 2021. The manufacturer selects premium pre-owned aircraft and updates them with refurbished interiors, fresh paint, upgraded avionics, and a one-year OEM warranty. This initiative has successfully established a new, premium category in the industry, officially recognized by appraisal authorities such as Aircraft Bluebook and Vref as distinct from standard pre-owned jets.

“As the OEM, we are uniquely positioned to provide them with a best-in-class, turn-key certified aircraft solution – a new and exciting category.”

AirPro News analysis

We observe that the current dynamics of the pre-owned market are heavily influenced by the “trickle-down” effect of Original Equipment Manufacturer (OEM) backlogs. Major manufacturers, including Bombardier, Gulfstream, and Dassault, are currently sitting on historically strong order backlogs estimated at $45 billion to $50 billion. Because new aircraft delivery slots are effectively sold out into 2027 and 2028, buyers requiring immediate lift are forced into the pre-owned market. This dynamic is keeping demand and residual values for late-model used jets exceptionally high.

Bombardier is brilliantly playing both sides of the board. By publishing their own Pre-owned Market Report and operating a robust CPO program, they are actively controlling the narrative and maintaining the residual value of their aircraft. Furthermore, their focus on large-cabin jets, such as the Global 7500 and the newly certified Global 8000, insulates them from minor market dips, allowing them to generate significant revenue from the secondary market even while their new-jet supply chain remains constrained.

Frequently Asked Questions (FAQ)

• What is the current inventory level for pre-owned private jets?
  By the end of 2025, available pre-owned jets represented only about 5.0% to 6.7% of the active global fleet, well below the historical balanced market benchmark of 8% to 10%.
• How are prices trending in the pre-owned jet market?
  Average asking prices have stabilized, coming down approximately 10% from the historical highs seen between 2021 and 2023.
• Who is buying pre-owned private jets today?
  There is a notable demographic shift, with buyers under the age of 45 now accounting for 29% of pre-owned transactions, largely driven by wealth in the tech and AI sectors.

Sources:
Bombardier Pre-owned Market Report
Jetcraft 2025 Market Forecast
International Aircraft Dealers Association (IADA)
Central Business Jets

This article is based on an official press release from Dassault Aviation.

On March 10, 2026, Dassault Aviation officially unveiled the physical prototype of its highly anticipated flagship business jet, the Falcon 10X. According to an official press release from the French aerospace manufacturers, the rollout event took place before 400 customers and partners at the company’s facility in Bordeaux-Mérignac, France.

We note that this milestone marks the program’s transition into its rigorous flight-testing phase. Originally announced in May 2021, the ultra-long-range aircraft is positioned to challenge top-tier offerings from industry rivals by prioritizing unprecedented cabin space and military-derived safety technologies. Dassault is currently targeting an Entry Into Service (EIS) for the Falcon 10X in late 2027.

Redefining the “Living Room in the Sky”

According to the manufacturer’s specifications, the Falcon 10X boasts the largest purpose-built business jet cabin on the market. The interior measures 6 feet 8 inches tall (2.03 meters) and 9 feet 1 inch wide (2.77 meters), providing a total volume of 2,780 cubic feet. Industry data indicates this makes the cabin 8 inches wider and 2 inches taller than its nearest competitor, allowing for highly customizable three- or four-zone interior configurations.

The press release highlights that the aircraft maintains a highly pressurized cabin altitude of just 3,000 feet while cruising at 41,000 feet. Coupled with 100% fresh air circulation, next-generation ozone and volatile organic compound (VOC) filters, and 38 extra-large windows, which the company states are nearly 50% larger than those on the Falcon 8X, the design heavily emphasizes passenger wellness on ultra-long-haul flights.

“The objective is to allow passengers to experience time on board the aircraft as just another part of their everyday life, not as a long interval between origin and destination. So they arrive feeling refreshed and at their very best,” stated Eric Trappier, President and CEO of Dassault Aviation, in the company’s release.

Military-Grade Technology Meets Civilian Aviation

Rafale-Inspired Flight Deck

Dassault uniquely leverages its experience manufacturing the Rafale fighter jet for its civilian aircraft. The Falcon 10X features a single-lever “Smart Throttle” that controls both engines simultaneously. Integrated into a third-generation digital fly-by-wire flight-control system, it includes the first automatic recovery mode in a large business jet, designed to prevent stalling or overstressing the airframe.

Additionally, the NeXus Flight Deck is equipped with touch-screen displays, dual Head-Up Displays (HUDs), and the FalconEye Enhanced Vision System. According to Dassault, this system allows for “True” EVS-to-land capability even in zero-ceiling conditions.

Aerodynamics and Propulsion

The aircraft utilizes business aviation’s first all-composite wing, engineered with a high sweep and high aspect ratio to reduce weight, minimize drag, and allow for steep approaches at challenging airfields like London City Airport. Powering the jet are two Rolls-Royce Pearl 10X engines. According to the provided research data, these engines deliver over 18,000 pounds of thrust each and are 100% Sustainable Aviation Fuel (SAF) compatible.

“Today is a very special day for Rolls-Royce and the team. We are excited and proud to deliver the thrust for this extraordinary aircraft and I would like to congratulate the Dassault family as well as the Falcon team on this special occasion,” said Dr. Dirk Geisinger, Director of Business Aviation at Rolls-Royce.

Market Context and Timeline

The ultra-long-range business jet market remains fiercely competitive. The Falcon 10X, with an estimated list price of $75 million, offers a range of 7,500 nautical miles and a top speed of Mach 0.925. This allows for non-stop flights between distant city pairs such as New York and Shanghai, Los Angeles and Sydney, or Paris and Santiago.

Industry data shows the 10X competes directly with the Gulfstream G700 and G800, as well as the Bombardier Global 7500 and 8000. While competitors like the $78 million Global 8000 offer a slightly longer 8,000-nautical-mile range and a Mach 0.94 top speed, Dassault has focused its engineering on maximizing interior volume rather than chasing marginal speed records.

Following this rollout, the maiden flight is expected in late 2026. Dassault is targeting an Entry Into Service in late 2027, following a comprehensive certification campaign.

AirPro News analysis

We observe that Dassault has strategically chosen to step back from the industry’s ongoing battle over marginal gains in speed and range. By marketing the Falcon 10X as a “penthouse of the skies,” the company is betting that ultra-high-net-worth individuals and corporate flight departments will prioritize passenger wellness and sheer physical space over arriving a few minutes earlier. Furthermore, the timeline adjustment, shifting the targeted EIS from an initial 2025 goal to late 2027, reflects the broader post-COVID supply chain constraints that have impacted the entire aerospace sector, alongside Dassault’s concurrent focus on fulfilling Rafale military orders. However, the successful physical rollout in 2026 signals a triumphant milestone, putting Dassault firmly back on the offensive in the ultra-long-range market segment.

Frequently Asked Questions

What is the price of the Dassault Falcon 10X?

According to industry estimates, the list price for the Falcon 10X is approximately $75 million.

What is the range of the Falcon 10X?

The aircraft has a maximum range of 7,500 nautical miles, allowing it to fly non-stop from New York to Shanghai or Los Angeles to Sydney.

When will the Falcon 10X be available?

Following its rollout in March 2026 and an expected maiden flight later in the year, Dassault is targeting late 2027 for the aircraft’s Entry Into Service (EIS).

Sources: Dassault Aviation

This article is based on an official press release from Pilatus Aircraft.

Life Flight Network, the largest not-for-profit air medical transport provider in the United States, has signed a 10-year agreement with Pilatus Aircraft, placing a firm orders for 12 new PC-12 PRO aircraft. According to an official press release from Pilatus, the deal also includes options for additional aircraft to support future fleet expansion.

The agreement positions Life Flight Network as the United States launch customer for the PC-12 PRO configured specifically with aeromedical interiors. Deliveries of the new turboprops are scheduled to begin in 2027, marking a significant long-term investment in advanced air medical capabilities for the organization.

These new aircraft will be delivered through Pilatus Aircraft USA Ltd, based in Broomfield, Colorado. Once operational, the fleet will be fully equipped to provide Intensive Care Unit (ICU) level care and transport for critically ill and injured patients across diverse and often remote operational areas.

Upgrading the Air Medical Fleet

The decision to acquire the PC-12 PRO aligns with Life Flight Network’s ongoing fleet modernization efforts. Founded nearly half a century ago, the organization has built a reputation for clinical excellence and rapid response in regions where medical infrastructure can be sparse. The addition of the PC-12 PRO is expected to enhance their ability to deliver safe and efficient life-saving transport.

In the press release, company leadership emphasized the strategic importance of the acquisition for their service areas, which include the Pacific Northwest, the Intermountain West, and Hawaii.

“This ten-year agreement represents a major step forward for our organization. The PC-12 PRO offers the performance, reliability, and advanced safety technology needed to serve our communities in the Pacific Northwest, Intermountain West, and Hawaii. We are committed to investing in aircraft that improve patient care, support our crews, and maintain the highest safety standards.”

Technological Advancements of the PC-12 PRO

The PC-12 PRO brings several technological and safety enhancements to the demanding environment of air medical transport. The aircraft features an advanced avionics suite and integrated Safety Autoland technology, which provides an additional layer of security for flight crews and patients during critical missions.

Furthermore, the medical interiors are designed and built in the United States, ensuring they meet the rigorous standards required for ICU-level care in the air. Pilatus executives highlighted the platform’s suitability for these specialized operations.

“The PC-12 PRO is a proven platform, ideal for air medical missions. With its advanced avionics suite, exceptional performance, integrated Safety Autoland technology, and US-designed and -built medical interior, it offers unparalleled safety and operational flexibility. We are proud to support Life Flight Network in its critical mission of providing critical care transport.”

AirPro News analysis

We note that Life Flight Network’s commitment to a 10-year agreement with Pilatus underscores a broader industry trend of standardizing air medical fleets around proven, versatile turboprop platforms. The PC-12 family has long been favored by aeromedical operators for its ability to access short, unpaved runways while offering a cabin size comparable to mid-size jets. By securing options for future deliveries, Life Flight Network is insulating itself against supply chain constraints and ensuring a steady pipeline of modern aircraft as they expand their footprint, particularly in their newly announced Hawaiian operations.

Frequently Asked Questions

What aircraft did Life Flight Network order?

Life Flight Network placed a firm order for 12 Pilatus PC-12 PRO aircraft, with options for additional airframes in the future.

When will the new aircraft be delivered?

According to the Pilatus press release, deliveries of the new PC-12 PRO aircraft are scheduled to begin in 2027.

What makes the PC-12 PRO suitable for medical transport?

The aircraft will be delivered with US-designed and built aeromedical interiors, fully equipped for Intensive Care Unit (ICU) level care. It also features an advanced avionics suite and integrated Safety Autoland technology.

Sources

• Pilatus Aircraft