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Used Aircraft Market Size, Value And Growth Trajectory Through 2030
The used aircraft market size has shown substantial growth over recent years. It is anticipated to expand from $32.55 billion in 2025 to $35 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.5%. This historical growth can be linked to several factors, including a rising demand for reduced aircraft acquisition costs, increasing requirements for fleet replacement, a growing adoption of pre-owned aircraft by operators focused on cost efficiency, greater availability of certified used aircraft, and an increasing need for rapid fleet expansion.
The used aircraft market is projected to experience substantial expansion over the upcoming years. It is anticipated to reach a value of $46.06 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.1%. This projected growth stems from several factors, including the rising need for economical aircraft as prices for new ones climb, an increase in aircraft leasing and resale activities, a growing interest in refurbished aircraft equipped with enhanced systems, the acceleration of fleet modernization and replacement initiatives, and the greater deployment of used aircraft for specialized mission operations. Key trends during this period are expected to involve a heightened demand for affordable pre-owned aircraft, wider adoption of certified used aircraft to expedite fleet expansion, an increasing need for aircraft refurbishment and modernization services, improved accessibility of aircraft through various leasing and resale channels, and a growing inclination towards prolonging the operational life of existing aircraft.
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Used Aircraft Market Growth Factors Behind Sustained Expansion
The increasing air passenger traffic is projected to propel the expansion of the used aircraft market moving forward. Air passenger traffic refers to the aggregate number of passengers carried by airlines through domestic and international flights over a defined period, serving as a primary indicator of air travel demand. This rise in air passenger traffic is attributed to higher disposable incomes, allowing more people to afford air travel for both business and leisure. The escalating air passenger traffic stimulates demand for used aircraft by fostering a need for cost-effective fleet expansion, thereby prompting airlines to acquire pre-owned aircraft to quickly boost capacity while minimizing capital investment. For instance, in September 2024, Airports Council International, a Canada-based trade association, reported that global passenger traffic reached 8.7 billion in 2023, marking a 30.6% increase compared to 2022. Therefore, the growing air passenger traffic is driving the growth of the used aircraft market.
Used Aircraft Market Segment Outlook: Which Categories Are Growing Fastest?
The used aircraft market covered in this report is segmented –
1) By Aircraft Type: Commercial Airliners, Corporate Jets, Turboprops, Helicopters, General Aviation Aircraft
2) By Age: 0 To 5 Years, 6 To 10 Years, 11 To 15 Years, 16 To 20 Years, More Than 20 Years
3) By Condition: Excellent, Good, Fair, Poor
4) By Mission Type: Passenger, Cargo, Special Mission, Training, Other Mission Types
5) By Disposition Method: Direct Sale, Lease Return, Aircraft Broker, Online Marketplace, Trade In
Subsegments:
1) By Commercial Airliners: Narrow Body Airliners, Wide Body Airliners, Regional Jets, Freighter Cargo Airliners, Short Haul Airliners
2) By Corporate Jets: Light Jets, Midsize Jets, Super Midsize Jets, Large Cabin Jets, Ultra Long Range Jets
3) By Turboprops: Light Turboprops, Medium Turboprops, Heavy Turboprops, Passenger Turboprops, Cargo Turboprops
4) By Helicopters: Light Helicopters, Medium Helicopters, Heavy Helicopters, Single Engine Helicopters, Twin Engine Helicopters
5) By General Aviation Aircraft: Piston Engine Aircraft, Business Pistons, Light Sport Aircraft, Training Aircraft, Utility Aircraft
Used Aircraft Market Industry Trends Fueling Future Revenue Growth
Major companies operating in the used aircraft market are focusing on developing innovative solutions, such as AI-powered digital aircraft marketplaces, to improve transaction transparency, streamline aircraft valuation, and support data-driven buying and selling decisions. These AI-powered digital aircraft marketplaces refer to online platforms that utilize artificial intelligence and real-time market data to facilitate aircraft valuation, comparison, purchasing, and selling. For instance, in September 2025, Aero Ventures LLC, a US-based private aviation advisory company, introduced the Aero Ventures Marketplace, an AI-powered digital aircraft marketplace created to ease the valuation, acquisition, and sale of preowned business jets. It offers advantages like AI-powered instant aircraft valuations, verified aircraft histories, and access to off-market listings and ownership cost simulations. The launch aims to assist customers in making more informed aircraft transaction decisions, while also fostering greater transparency and digitalization within the used aircraft industry.
Used Aircraft Market Key Participants And Competitive Landscape
Major companies operating in the used aircraft market are Jetcraft Corporation, Guardian Jet LLC, Global Jet Capital Inc, Duncan Aviation Inc, Boutsen Aviation SAM, JetAVIVA LLC, Asian Sky Group Limited, Aerolíneas Ejecutivas SA de CV, Lone Mountain Aircraft Sales LLC, Omni Aircraft Sales Inc, Leading Edge Aviation Solutions LLC, Aviation Sales International LLC, JBA Jets LLC, Coleman Jet Solutions LLC, Van Bortel Aircraft Inc, 777 Aircraft Sales LLC, Premier Aircraft Sales Inc, American Aircraft Sales Inc, Axiom Aviation Inc, Aircraft Executives Inc, Scott MacDonald Aircraft Sales Inc
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Used Aircraft Market Geographic Analysis: Where Is Demand Accelerating Fastest?
North America was the largest region in the used aircraft market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the used aircraft market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.