What The Booming Private Jet Travel Industry Means For Valuation
Private aircraft are in short supply due to the current frenzied market being driven by travel demand that has been seen at these levels in years. This is excellent news for sellers and manufacturers as customers place themselves on endless waitlists to get charter, hourly cards, new aircraft, as well as facilities to complete pre-buy inspections for pre-owned aircraft transactions. But with labor and parts shortages, continued demand for training aircraft, and limited quality aircraft supply available, buyers [...]