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Asian Sky Quarterly - Q3 2020

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MARKET DYNAMICS<br />

SUPPLY / DEMAND INDICATORS<br />

BUSINESS JETS<br />

SUPPLY VS. DEMAND RATIO<br />

AVERAGE DAYS ON MARKET<br />

SUPPLY ><br />

DEMAND<br />

% OF FLEET<br />

FOR SALE<br />

MODEL<br />

DAYS ON MARKET<br />

AVERAGE<br />

AVERAGE<br />

NO TRANSACTIONS<br />

15.8%<br />

4.3%<br />

5.6%<br />

AIRBUS<br />

ACJ318<br />

ACJ319<br />

ACJ320<br />

3.7%<br />

4.5%<br />

BOEING<br />

BBJ<br />

BBJ2<br />

6.0%<br />

CL300<br />

2.3%<br />

CL350<br />

10.6%<br />

CL604<br />

10.8%<br />

5.6%<br />

16.7%<br />

16.2%<br />

BOMBARDIER<br />

CL605<br />

CL650<br />

CL850<br />

GL Express<br />

11.2%<br />

GL XRS<br />

8.2%<br />

GL5000<br />

6.8%<br />

GL6000<br />

9.8%<br />

CIT. CJ3<br />

5.3%<br />

2.5%<br />

CESSNA<br />

CIT. CJ4<br />

CIT. Latitude<br />

8.6%<br />

CIT. Sovereign<br />

NO TRANSACTIONS<br />

6.1%<br />

F2000LX<br />

6.0%<br />

F2000LXS<br />

2.3%<br />

F2000S<br />

NO TRANSACTIONS<br />

6.6%<br />

4.8%<br />

8.3%<br />

7.6%<br />

10.0%<br />

3.8%<br />

13.8%<br />

6.2%<br />

2.8%<br />

EMBRAER DASSAULT<br />

F7X<br />

F8X<br />

F900DX<br />

F900EX<br />

F900EXe<br />

F900LX<br />

L1000<br />

L600<br />

L650<br />

6.8%<br />

Phenom 300<br />

8.8%<br />

G200<br />

7.7%<br />

G280<br />

NO TRANSACTIONS<br />

9.0%<br />

4.7%<br />

7.2%<br />

GULFSTREAM<br />

G450<br />

G500<br />

G550<br />

4.3%<br />

G650<br />

5.8%<br />

G650ER<br />

450% 400% 350% 300% 250% 200% 150% 100% 50% 0<br />

Average AC for sale / Total sold in last 12 months<br />

7.3%<br />

Average<br />

0 200 400 600 800 1000<br />

The above chart reflects where certain aircraft models are positioned<br />

in terms of supply and demand (based on a ratio of completed<br />

transactions compared to the number of sellers and the average<br />

number of days on the market for a transaction to take place).<br />

These indications do not necessarily mean that prices will be higher in<br />

the future, but it does indicate that sellers of these particular models<br />

are more likely to find willing buyers in a shorter period of time than the<br />

overall average.<br />

For some model types, given the market indicators shown on the<br />

previous page, the stabilization in pre-owned asking prices and<br />

decline in inventory level appear to have stimulated increased<br />

demand, leading to an increase in transactions and a more balanced<br />

state of supply and demand.<br />

This can be seen most with certain Gulfstream (G200, G450, G550,<br />

G650), Bombardier models (Challenger 604/605 & Global 5000)<br />

and Dassault Falcon models (2000 Series and 7X), where more<br />

transactions are occurring relative to the number for sale, and<br />

transactions are requiring less time on the market for sellers to<br />

complete.<br />

42 | ASIAN SKY QUARTERLY — THIRD QUARTER <strong>2020</strong><br />

Source: AMSTAT & ASG

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