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Strong increase in demand for yachts and private jets

Strong increase in demand for yachts and private jets

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The health crisis has paralyzed the economy of most sectors. However, the luxury yachting sector is managing to overcome the crisis, and is showing satisfactory results despite the cancellation of boat shows.

 

According to Boat International magazine, since January 1, 2021, 208 yachts have been sold on the international market. This figure is up sharply compared to the same period last year when only 130 yachts found owners. Indeed, the demand for these hyper-luxury services has been growing rapidly for some time.

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For the private aviation sector, the increase in demand is so great that it has led to a worldwide shortage of aircraft. Only 1,130 jets are available on the market, or 5% of the world fleet. This is three times less than during the subprime financial crisis.

 

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