According to Global Jet Capital’s Q3/22 business aviation market brief, the business jet market exhibited strong performance in the third quarter, continuing a trend that began in the second half of 2020.

Driven by new users and returning customers, flight operations improved on a year-over-year basis, while demand translated into strong order activity as reported by manufacturers, the report said. Aircraft listings have increased in 2022; however, pricing remained stable in the third quarter as overall levels were still low.

With inflation and supply chain issues continuing in the quarter, according to Global Jet Capital, the biggest question going forward is the overall health of the global economy. Due to business aviation’s unique value proposition, strong demand and pragmatic behavior by OEMs, however, the business jet market has remained resilient, the report said.