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JETNET Data Shows Business Jets for Sale Rising for Fourth Consecutive Week

Fri, Nov 06, 2026

JETNET Data Shows Business Jets for Sale Rising for Fourth Consecutive Week

JETNET figures cited in a November 4 market bulletin show 1,784 business jets listed for sale, representing 6.9% of the in-service fleet. Available inventory increased for a fourth consecutive week, providing a fresh measure of aircraft supply entering November.

The figures offer buyers and sellers a useful reference point, although the overall percentage does not establish the conditions facing an individual aircraft. Availability, condition, maintenance status and asking price still require examination at the model and aircraft level.

JETNET supplies aircraft records and market intelligence used to research fleets, transactions and aircraft availability. Its broader platform brings these information sources together to support business aviation research and purchasing decisions.

For owners following NVOII, the practical takeaway is to compare competing aircraft carefully as listings increase. A larger selection can create more opportunities to evaluate alternatives, but the inventory figure alone cannot establish whether prices are falling or whether a particular aircraft represents good value. Those conclusions require closer analysis of comparable transactions.

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Wheels Up Reports Growth in Premium Fleet Revenue

Wheels Up’s premium Phenom and Challenger operation generated 120% more revenue year over year during the third quarter, even as overall company revenue declined. Results released on 5 November showed total revenue of $164.8 million, down 11%. Private jet flight revenue fell 7% to $143.9 million as the company continued winding down legacy programmes. The premium fleet expanded from 24 to 43 aircraft compared with the previous year. Signature fleet revenue and memberships surpassed their legacy equivalents for the first time, marking a significant point in the company’s transition. Gross profit reached $15.2 million, while the adjusted EBITDAR loss narrowed by 44% to $13.2 million. The company nevertheless reported a wider net loss of $89.4 million. For NVOII readers, the results show improving performance within Wheels Up’s chosen fleet strategy alongside continuing financial pressure. Management aims to complete the withdrawal of legacy membership programmes during 2027 while increasing utilisation and productivity across the premium operation. Stay connected with NVOII for all things BizAv.

Tail Component Recovered Miles From Learjet 60 Crash Site

Investigators have recovered a significant piece of evidence in the fatal Learjet 60 crash that killed nine people near Greenacres in Palm Beach County, Florida, on November 1. During a November 3 briefing, NTSB member Thomas Chapman said most of the aircraft’s left elevator had been found in three pieces, between 1.3 and 3.8 miles from the main impact site. The discovery confirms that an important flight-control component separated before the aircraft struck the ground. The elevator helps control the aircraft’s nose-up and nose-down movement. However, investigators have not established whether its separation initiated the loss of control or resulted from forces acting on the aircraft during the accident sequence. That distinction remains central to understanding what happened. The flight had departed Austin, Texas, for North Eleuthera in the Bahamas. In its November 5 update, the NTSB said excavation crews had recovered part of an engine, with additional debris found on nearby rooftops. Recovered wreckage will be moved to a secure location for examination. The findings remain preliminary. While the recovered elevator provides a valuable clue, the cause of the crash has not been determined.

TLC Jet Partners With WIMCO St. Barth Properties to Introduce Pilatus PC-12 Private Transfers in the Caribbean

TLC Jet has announced a partnership with luxury villa provider WIMCO St. Barth Properties to coordinate private aviation services for guests traveling to Caribbean destinations. The arrangement includes Pilatus PC-12 transfers between San Juan, Puerto Rico, and St. Barth, connecting international arrivals with luxury villa accommodations. The transfers will initially use PC-12 aircraft operated by vetted partners, with seating for up to eight passengers. TLC Jet will coordinate flight arrangements, scheduling and travel planning directly with WIMCO guests. The company has also indicated that it is evaluating direct turboprop operations in the future. NVOII is following the partnership because private aviation providers are increasingly integrating aircraft transportation with broader luxury travel services. Coordinated transfers, accommodation arrangements and destination support can simplify travel to airports where runway limitations make smaller turboprops particularly practical. Stay connected with NVOII for all things BizAv.

Learjet 60 Crashes Near West Palm Beach; FAA Confirms Nine Aboard

The Federal Aviation Administration has confirmed that a Learjet 60 crashed in a residential area near Cresthaven in Palm Beach County, Florida, on Sunday, November 1. The aircraft was travelling from Austin-Bergstrom International Airport to North Eleuthera Airport in the Bahamas, with nine people aboard. The FAA placed the accident at approximately 12:50 p.m. local time. A Flightradar24 playback screenshot supplied to NVOII identifies the aircraft as N722BD and displays a sharp altitude reduction near the end of the recorded flight. At the selected playback point, it shows a barometric altitude of 8,750 feet and a vertical speed of approximately minus 31,000 feet per minute. These are displayed tracking values, rather than independently validated accident findings, and do not establish what caused the descent. The FAA says the National Transportation Safety Board will lead the investigation, supported by the agency. Its initial statement does not specify the condition of those aboard or any injuries on the ground. The circumstances behind the aircraft’s descent remain undetermined, and conclusions about mechanical failure, weather or crew actions would be premature. Stay connected with NVOII for all things BizAv.

Goodwin Acquires STACK.aero to Integrate Business Jet Charter Operations and Financial Management

Aviation financial technology company Goodwin has acquired STACK.aero, a software platform serving private aviation charter brokers and operators. Announced October 29, the acquisition brings charter workflow technology and financial management capabilities closer together. The transaction creates opportunities to connect operational processes with financial activities such as customer billing, payments and transaction management. Charter businesses frequently use multiple systems to coordinate aircraft availability, customer requests, quoting and financial administration, making integration an increasingly important consideration. For NVOII, the acquisition reflects a broader movement toward consolidated technology platforms in business aviation. Reducing duplicated data entry and improving coordination between operations and finance could help charter companies operate more efficiently as customer expectations and transaction volumes increase. Stay connected with NVOII for all things BizAv.

Gogo Galileo HDX Selected for Jet Excellence Citation X Fleet

Jet Excellence will equip its entire Cessna Citation X fleet with Gogo Galileo HDX satellite connectivity, with installations beginning immediately through Araina Aviation. The program follows FAA supplemental type certification of the HDX installation for the high-speed business jet. Gogo says the charter operator is using a flexible financing structure to spread the cost of the fleetwide upgrade. The system connects through OneWeb’s low-Earth-orbit network and is intended to provide lower-latency, higher-speed service than legacy airborne connectivity options. NVOII views the selection as a significant retrofit commitment because Jet Excellence supplies aircraft capacity to fractional, membership and charter providers. The announcement confirms the fleet decision and start of installation work, although neither company disclosed the number of Citation X aircraft involved or a target date for completing the full rollout. Stay connected with NVOII for all things BizAv.