Market Dynamics Are Shifting

Prior to 2000, sales of new business jets were split on average 70/30 between North America and international markets. With economic globalization, the ratio reversed with the majority of sales going to international markets.

As a consequence of the global recession, new aircraft sales are declining and the paradigm seems to be returning to North America as demonstrated by later generation pre-owned aircraft.  In a random sampling of 114 business jets (Hawker 800XP thru G550) sold from January thru July, 82% were sold into North America.  This could be attributed in part to some manufacturing returning to North America or as a result of market prices aligning more with market value.

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