Global Jet Capital, a global leader in financial solutions for business aircraft, has released its 6th annual Business Jet Market Forecast. The company projects continued growth in the business aviation industry for the next five years, supported by increasing order backlogs, resilient economic growth, and continued wealth creation worldwide. The forecast also contains insights and projections for the business aviation market through 2030, including breakdowns of new deliveries and pre-owned transactions. The high level of detail in the report is based on output generated by Global Jet Capital’s proprietary transaction forecast model.

Based on its econometric top-down model, Global Jet Capital projects $247 billion in total transaction volume of new and pre-owned aircraft between 2026 and 2030, with transaction dollar volume expected to grow at an average annualized rate of 4.1 percent during that time.

In the report, the company forecasts that business jet deliveries of all size categories will increase during the period, but heavy jet demand will increase at a faster rate than other sizes. This is a result of buyers favoring more range and capacity, with an anticipated increase in transaction volume for new and pre-owned heavy jets of 3.3% and 4.9% respectively. Transactions involving new medium jets and pre-owned VLJs are also projected to increase at faster than average rates. North America is expected to remain the largest business jet market over the next five years, while Latin America is anticipated to be the second largest market by virtue of its high demand for pre-owned jets. Europe is forecast to continue to be an important market for new jets.