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Colibri Aircraft identifies 2018 as boom year for UK bizav

Private jet broker Colibri Aircraft has released the results of research showing the UK private jet sector had an excellent 2018.

The data records 17 purchases of pre-owned heavy, medium and light private jets, worth a total of US$143.6 million, for an average US$8.446 million per jet. Compared to 2017, these figures are up from 11, US$78.6 million and US$7.144 million, respectively, for an 83% increase in the amount spent.

The market for new jets was also busy, with 13 aircraft delivered for a combined value of US$299.5 million, compared to 15 (US$256.9 million) in 2017.

Colibri Aircraft goes on to note 7,812 business aircraft departures from the UK in February, while the number of departures increased by 0.7% in the 12 months to February when compared to the previous 12-month period.

Oliver Stone, Managing Director, Colibri Aircraft said: “There has been some negative narrative around Brexit and its potential impact on the UK’s aviation sector, but our research reveals it has had no effect on the number of business aircraft purchased by UK residents or on the number of business aircraft flights.”

Colibri Aircraft specialises in the marketing, resale and purchase of pre-owned private aircraft globally. Launched in 2011, it offers sales management, buying consultancy, ownership advice and financial guidance.