…”Owners usually don’t want the crew knowing, particularly in the current challenging staffing environment. We are seeing a significant increase in Off-Market aircraft as owners are now saying, ‘Perhaps, I don’t need a plane,’ and are worried about recession and value loss,” says Dan Jennings, President of The Private Jet Company, based in Palm Beach Gardens, Florida. “Inventory has more than doubled in the last quarter for off-market planes. We have five ourselves and know of more than 25 planes off-market.”…
