Pre-Owned Business Jet Inventory Falls to Record-Low 6.6%, Values +3%; Global Turboprop Active Fleet Data Shows Notable Growth but Cautious Interpretation Needed

Global pre-owned business jet inventory fell to 6.6% of fleet total (far below 8.2% historic mean); values YoY +3% but transaction volume declined — typical seller market. IADA confirmed Q1 demand exceeded supply. AviGo data shows January–April 2026 global turboprop type active movements grew from 157,273 to 201,452 (change magnitude ~28%); growth pace above light jet, midsize jet, and heavy jet categories. But note: this growth magnitude may reflect January low season to April peak season seasonal MoM change rather than true YoY growth — so interpreting as 'explosive growth' or 'structural expansion' may be misleading. Ultra-long-range type active movement growth relatively moderate, but Asian market long-range demand performance strong (Asian fleet 2025 grew 1.5% — recent years' highest). Turboprop type activity rise may partly reflect short-haul/regional business flight demand growth and turboprop competitiveness in cost-sensitive markets, but data YoY/MoM methodology needs clarity before definitive judgment. Confidence ★★ (KG market report + AviGo active fleet data cross-verification; turboprop growth methodology pending confirmation).