www.privateairny.com Private Air | Fall 2024
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Jetcraft's insights reveal a shifting demographic
in private jet ownership. Younger buyers under
45 are emerging as pivotal figures in markets like
the Middle East and Africa, representing 36.4%
of all buyers. eir forward-thinking, tech-
savvy approach is driving innovation within the
industry, with a projected 5.1% compound annual
growth rate in this segment through 2028.
Furthermore, Jetcraft identifies the five fastest-
selling pre-owned jets in the current market,
prized for their blend of performance and luxury.
Leading the pack is the Citation CJ4 Gen2,
typically spending just 23 days on the market,
followed closely by the Phenom 300E at 53
days. e Praetor 500, noted for its range and
advanced features, averages 60 days, while the
PC 24 and Falcon 50 EX boast impressive sell-
through rates at 82 days.
For prospective buyers, here are the current
average prices of these pre-owned aircraft:
• Citation CJ4 Gen2: $11.9M
• Phenom 300E: $11.4M
• Praetor 500: $20.37M
• PC 24: $11.1M
• Falcon 50 EX: $4.5M
As you enjoy your preferred beverage and gaze
out over the clouds, it's evident you're not
merely following a trend but embodying a global
movement. Jetcraft's expert analysis confirms that
whether you're crossing continents or hopping to
your next American destination, private aviation
transcends borders, offering a rare blend of
privacy, luxury, and mastery over time. e future
of private jet travel shines brightly, and you're
already soaring ahead with it.
Pilatus PC 24
AVIATION
