Jetcraft President Chad Anderson Publishes Series of Business Aviation Industry Insights
Why It MattersThe commentary series tracks how pandemic-era shifts in private aviation demand, corporate buyer activity and pre-owned jet pricing evolved into a more stable post-pandemic market.
Chad Anderson, President of Jetcraft, authored a series of industry analysis articles on business aviation trends published on the Jetcraft blog between 2021 and 2024. In a February 2024 piece, he noted that approximately 95% of new entrants who began flying privately during the pandemic are continuing to do so, citing a study reported in Aviation International News, and argued the industry must sustain momentum to ensure all users have an exceptional experience.
In August 2023, Anderson cited Jetcraft's Ever Forward 2023 Pre-Owned Business Jet Market Forecast, showing pre-owned business jet transaction values reached a record US$16.3 billion in 2022, with corporate buyers accounting for 60% of Jetcraft's clientele that period amid a resurgence of in-person business travel. A November 2022 article noted corporate buyers — historically half of Jetcraft's client base alongside ultra-high net worth individuals — had reduced activity during the pandemic but were returning as companies renewed their fleets.
In August 2022, Anderson discussed pre-owned aircraft valuation, noting a five-year-old Gulfstream G550 was available at approximately 50-60% of its new price, with the market entering a period of stability. An August 2021 article examined trade-in transactions as an alternative to the traditional sell-then-buy approach, describing how a trade-in combines sale and purchase into a single contract with one counterparty. In February 2021, Anderson reflected on Jetcraft maintaining deal counts consistent with prior years despite aircraft sales nearly halting in the second quarter of 2020, and expressed optimism for a recovery driven by vaccine rollouts.
