Demand for private jets has significantly declined due to concerns over tariffs, according to Barclays’ latest survey of business jet broker-dealers and financiers. Customer interest in purchasing business jets dropped by 49% since March, with the composite score falling from 52 to 40. This decline indicates a slowing market, as the book-to-bill ratio lags behind current orders. Survey respondents noted that clients are delaying purchases, fearing the impact of tariffs on both the aircraft market and their businesses. Nearly half of the participants reported a deterioration in customer interest since March. Additionally, 93% of respondents believe tariffs will negatively affect new aircraft demand. However, pending legislation could boost the market by reinstating 100% bonus depreciation for equipment purchases, making private jets more attractive from a tax perspective.
— new from CNBC
