Entries in used aircraft (50)
Used Aircraft Inventory Lows Set Record
Inventories of pre-owned business jet and turboprop aircraft are at their lowest levels in more than 20 years, according to a JetNet iQ Pulse report. Tightening of business aircraft inventory is an unexpected development of the market during the COVID-19 pandemic....
Used Bizjet Market Active Ahead Of Presidential Election—Mente Group
Molly McMillin | Editor in Chief | The Weekly of Business Aviation
The pre-owned market for business jet sales for the rest of 2019 will be busy as buyers and sellers seek to avoid the uncertainty that comes with a presidential election, according to the Mente Group.
The fourth quarter has been active, the Dallas-based company says.
“With more aircraft on the market recently, buyers and sellers are seeking to make deals before the end of the year to hedge against the economic, political and tax uncertainties that 2020 might bring,” said Brian Proctor, Mente Group president and CEO.
The pre-owned business jet market is balanced today, with an equal number of...
Situational Awareness
From The Weekly of Business Aviation, Aviation Week Intelligence Network / awin.aviationweek.com
Used Bizjets for Sale Up 2% in June
The number of used business jets for sale rose 2% in June to 1,772 aircraft, which represents 7.6% of the active fleet, according to a report by Jefferies.
Inventories of heavy jets rose 3% year-over-year, while medium jet inventories declined 2%.
The number of newer aircraft on the market represents 5.8% of the used fleet, “which may be a relatively low level as we have been hovering at this rate for a year or so,” Jefferies said. “We now expect new deliveries to grow by 8% in 2019 after a modest decline in 2018.”
The inventory levels of used Dassault jets on the market declined 2% in June compared to a year ago, with 57 aircraft for sale. Pricing rose 6%, driven by the Falcon 2000 series.
Gulfstream inventories rose 6% from a year ago with 89 aircraft for sale, up from 84 a year ago. Pricing declined an average of 13% from a year ago.
The number of Cessna business jets for sale rose 13% from a year ago with 213 aircraft for sale, representing 5.9% of the active fleet. Average list prices rose 3% from...
Current Market Strength of 50 Pre-Owned Aircraft Models: Fall 2017
CMS represents an aircraft’s current strength in the market. An A+ rating indicates the aircraft is enjoying a very firm market. Prices for an A+ aircraft are steadily rising, and holding times are very short or nonexistent. At the opposite end of the spectrum, a C- aircraft is one experiencing a very soft market. Its price is commonly discounted, and it often sets on the ramp in excess of eight months before selling. It is important to remember that Current Market Strength is not a forecast. It is valid only at Marketline’s effective date of release. See chart below.
Pre-Owned Business Aircraft Market Graphs from the Fall 2017 Marketline
All of the listed aircraft have a composite score that is presented in the Used Aircraft Market graph. Data points are represented in relationship to the respective new delivered historical price that is equal to 100%. The measure of change is reported in the actual percentage of value in relation to new. The delta between reporting periods can be concluded as the percentage of change ...