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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

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