Global Jet Capital has released its Q4/24 Business Aviation Market Brief, offering a comprehensive look at the state of the business jet market as it enters 2025. The report highlights a period of stability following years of post-pandemic fluctuations, with strong transaction activity, steady flight operations and resilient OEM backlogs.

According to the brief, flight operations increased by 2.4% year-over-year in Q4, demonstrating continued expansion in the business aviation user base. OEM backlogs also grew 7.2% year over year, reflecting sustained demand for new aircraft despite ongoing supply chain and labor challenges. Meanwhile, inventory levels remained below pre-COVID norms, indicating a balanced market environment.

Macroeconomic factors, including steady global GDP growth and declining inflation, contributed to the industry’s resilience despite geopolitical uncertainties. While aircraft availability increased compared to 2023, a decline from Q3 suggests that transaction volumes remained strong at the end of the year. Additionally, aircraft values stabilized, with most models experiencing depreciation in line with historical norms.

With 2024 closing on a strong note, the industry appears poised for healthy activity levels in 2025. Global Jet Capital’s full Q4 2024 Business Aviation Market Brief provides further insights into market trends, transaction data and economic conditions impacting the sector.