Prospective buyers wanting to take advantage of 100 per cent depreciation before the end of the year, when the tax break reduces, have put additional pressure on an already overheated market for preowned aircraft.

As an increasing number of high-net-worth individuals and businesses rush to purchase their first private jet before the end of Trump-era tax incentives, Daniel Jennings from TPJC has some purchasing wisdom to impart.

So say aircraft sales experts TPJC. Reduced availability and increased charter costs may be the motivations that push flyers in the direction of purchasing, rather than chartering.