ASQ6_EN-website
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
AIRCRAFT SPOTLIGHT<br />
GLOBAL XRS AND 6000 MARKET CONDITIONS - PAST 12 MONTHS<br />
Inventory Level<br />
No. for Sale No. for Sale X Avg. Asking Price<br />
700<br />
600<br />
500<br />
400<br />
300<br />
8+0+0 0+23+06+0+0 0+22+06+0+0 0+22+05+0+0 0+24+08+0+0 0+26+0 10+0+0 0+26+0 12+0+0 0+26+0 13+0+0 0+22+0 13+0+0 0+27+0 12+0+0 0+19+0 11+0+0 0+25+0 13+0+0 0+28+0<br />
$518M<br />
$349M<br />
8<br />
23<br />
Global 6000<br />
Global XRS<br />
22<br />
22<br />
6 6 5<br />
24<br />
8<br />
26 26 26 27<br />
10<br />
12 13<br />
11<br />
25<br />
13<br />
28<br />
15<br />
28<br />
22<br />
13 12<br />
Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17<br />
$439M<br />
$421M<br />
19<br />
FLEET AGE DISTRIBUTION<br />
No. of Aircraft in Operation<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
Global XRS Global 6000<br />
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017<br />
The ultra-long-range Global Express XRS is powered by two Rolls-<br />
Royce Deutschland BR710A2-20 turbofan engines, allowing it to fly<br />
transcontinental and intercontinental flights with a 6,100+ nautical-mile<br />
range. Its long-range speed is Mach .85, while its high cruise speed is<br />
Mach .89.<br />
Measuring 6.25-feet high, 8.17-feet wide and 48-feet from front to back,<br />
the XRS’ cabin provides ultimate space and comfort in any configuration,<br />
with a maximum seat configuration of 17. The XRS is typically outfitted<br />
with an aft stateroom, a separate main cabin and ample galley.<br />
Passengers have access to an Ethernet-based Cabin Electronic System<br />
with on-board LAN & wireless LAN.<br />
Keeping in mind the importance and comfort of the flight crew, the Global<br />
XRS is equipped with the Rockwell Collins Proline Fusion avionics suite<br />
and includes Bombardier’s 3rd Generation Enhanced Vision System<br />
(BEVS), a head-up flight display system and Synthetic Vision System.<br />
After introducing the Global 5000, Bombardier then launched a<br />
rebranded version of the Global Express XRS — the Global 6000.<br />
Including the same and enhanced features as the XRS, the 6000<br />
boasts the same Rolls-Royce engines, as well as advanced avionics<br />
and cabin communications.<br />
At a maximum operating speed of up to Mach 0.89, the Global 6000<br />
supersedes the high-speed range capability and mission flexibility<br />
delivered by other business jets in its class, with the ability to link for<br />
instance, Moscow to Los Angeles non-stop.<br />
Specifically designed to provide a highly productive working<br />
environment, the 6000 offers more cabin volume and floor space<br />
than any other business jet in its class. With one of the widest cabins,<br />
measuring almost a foot (30cm) wider than the nearest competitor, the<br />
6000 aircraft provides plenty of room. Maximum seat configuration<br />
allows up to 19 passengers and two crew members. Passengers have<br />
access to Wireless Access Virtually Everywhere (WAVE), leveraging<br />
the latest satellite communication technology to provide in-flight, highspeed<br />
internet access. Bombardier WAVE also comes as a retrofit option<br />
for Global XRS as well.<br />
Announced in 2010, the Global 7000 and Global 8000 are now under<br />
development by Bombardier. The 7000 will deliver speeds of up to Mach<br />
0.925 with a range of 7,400nm, while the 8000 can travel up to 7,900nm.<br />
With plans for the Global 7000 to start deliveries finally in the 2nd half<br />
of 2018 and the 8000 indefinitely delayed, after initial market entry<br />
expectations for 2016 and 2017 respectively, Gulfstream’s comparable<br />
G650 and G650ER, as well as the Falcon 8X, now have the market<br />
covered where initially the new Bombardier models had hoped to reign.<br />
Until the Globals arrive on the scene, the 6000 will continue production,<br />
albeit at reduced production rates, with prices likely to drop even further<br />
closer to the final unveiling of the new models. Whether Global 6000<br />
production will continue past the arrival of the 7000 is unknown at this<br />
time. This announcement would further depress short term sale prices<br />
and subsequently impact long term residual values. The two model<br />
serve different market segments though with different price points so<br />
expectations are the 6000 will be around still for many years to come.<br />
42 | ASIAN SKY QUARTERLY — FIRST QUARTER 2017