Since the election of Donald Trump as US President in November 2016, stock markets have soared around the world. Following these increased stock values, a number of industry participants have wondered if the resulting increase in wealth will stimulate private jet transactions. Importantly, they also wonder if President Trump, an avid private aircraft user, will pass legislation beneficial to the ownership and use of private jets, and if his reliance upon them will make them more accepted again in the eyes of the wider public.
While a number of USA based brokers have indeed witnessed an increase in activity since the US presidential election, prices have not showed any sign of slowing their declines from recent months. So while the “Trump Bump” may indicate an increase in activity, it has not yet produced the increase in asset values as it has in stock markets and other commodity values globally.
Whether or not this short term effect will have longevity to it remains to be seen. Overall, private aircraft are still in midst of a long and sharp recession as evidenced by the most recent GAMA numbers showing new aircraft deliveries at their lowest since 2004. But with these recent lows as a backdrop, anything that helps stimulate demand can be seen as a welcome influence.
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