On July 10, 2025, private jets were parked at Freedman Memorial Airport during the Alan & Company Sun Valley Conference at Sun Valley, Idaho.
Kevin Dietsch | Getty images
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New Federal expenditure bill Private jet sales are expected to promote, as owners take advantage of the rapid right-off of the purchase price.
Jet brokers and advisors said that they have seen a burst of activity from customers who were closed on shopping Bill Signed. Many of its new tax provisions have the restoration of “bonus depreciation”, which allows businesses to write 100% of the purchase value of capital equipment including private jets immediately.
The individual, who usually owns a jet through his personal business or holding company, can now write the entire cost of a new or used jet in the first year of ownership for any aircraft kept in service on or after January 19, 2025.
Tax profit applies only to commercial jets, not jets used for personal use. It revives a provision 2017 tax deduction And in 2024, the current is replaced by the current phased depreciation percentage of 60% and 40% in 2025.
“We have many owners who wanted to upgrade and were waiting for it.” “And I have at least half a dozen other people who want to buy after it is passed.”
Tax stimulation comes at the right time for private jet industry, which has seen one Recession in growth From its fever pitch in 2020 and 2021. Industry saw surge Among the new owners, after Kovid, charter flyer and partial owners, but many rich who bought the aircraft, then started selling them for the first time or started moving forward Partial ownership Due to more and more expected maintenance and pilot costs.
According to Jetate, the number of pre -owned trade jets for sale increased to an average monthly rate of over 1,800 in the first half. The data firm said that in the first half of 2024 it is above 1,744. The average time on the market has also increased, from 386 days to 418 days, the data firm said.
“During Kovid, many people who bought the aircraft did not know what they were doing,” Shawlin said. “They were surprised by what cost and what it included.”
Philip Rashton, the founder and president of Aviatrad, said that now the market has around 23 to 25 gulfstream G650rs, which is slightly higher than normal.
“This is definitely normalized after Kovid,” he said.
Large crowds to buy private jets, however, may not start even to fall. Brokers said that private jet purchases are usually spikes at the end of the year, when companies and individuals are finalizing their tax bills.
Managing partner Matt Walter at the Guardian Jet said that the ultra-welty tax would not decide to buy just one aircraft. “But it definitely helps in that decision,” he said. “If you plan to upgrade your aircraft in 12 months, perhaps you do it in six months.”
He said that he is advising customers to buy before September, but selling after September, as the possibility of decline in demand will increase.
“You want to buy before going crazy,” he said. “After September, you are going to compete with other buyers and also competing for the inspection slot. In a warm market, everyone is trying to do the same thing and find inspection slots.”
