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Asian Sky Quarterly 2020Q4

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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 />

><br />

DEMAND<br />

% OF FLEET<br />

FOR SALE<br />

MODEL<br />

DAYS ON MARKET<br />

AVERAGE<br />

NO TRANSACTIONS<br />

NO TRANSACTIONS<br />

NO TRANSACTIONS<br />

NO TRANSACTIONS<br />

NO TRANSACTIONS<br />

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

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

15.8%<br />

4.2%<br />

5.6%<br />

5.3%<br />

4.5%<br />

5.5%<br />

1.1%<br />

7.3%<br />

10.1%<br />

3.7%<br />

13.3%<br />

13.4%<br />

13.0%<br />

7.3%<br />

7.7%<br />

6.0%<br />

5.2%<br />

2.9%<br />

7.5%<br />

5.3%<br />

6.9%<br />

2.3%<br />

2.5%<br />

14.3%<br />

6.2%<br />

3.7%<br />

ACJ318<br />

ACJ319<br />

ACJ320<br />

BBJ<br />

BBJ2<br />

CL300<br />

CL350<br />

CL604<br />

CL605<br />

CL650<br />

CL850<br />

GL Express<br />

GL XRS<br />

GL5000<br />

GL6000<br />

CIT. CJ3<br />

CIT. CJ4<br />

CIT. Latitude<br />

CIT. Sovereign<br />

F2000LX<br />

F2000LXS<br />

F2000S<br />

6.5% F7X<br />

6.1%<br />

4.2%<br />

F8X<br />

F900DX<br />

7.6% F900EX<br />

6.7%<br />

6.7%<br />

7.5%<br />

8.0%<br />

7.6%<br />

6.1%<br />

5.4%<br />

3.2%<br />

2.5%<br />

6.3%<br />

Average<br />

F900EXe<br />

F900LX<br />

L1000<br />

L600<br />

L650<br />

Phenom 300<br />

G200<br />

G280<br />

G450<br />

G500<br />

G550<br />

G650<br />

G650ER<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 transactions<br />

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

market for a transaction to take place).<br />

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

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

level appear to have stimulated increased demand, leading to an increase<br />

in transactions and a more balanced state of supply and demand.<br />

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

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

likely to find willing buyers in a shorter period of time than the overall average.<br />

This can be seen most with certain Gulfstream (G200, G450, G550, G650),<br />

Bombardier models (Challenger 604/605 & Global 5000) and Dassault<br />

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

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

less time on the market for sellers to complete.<br />

46 | ASIAN SKY QUARTERLY — FOURTH QUARTER 2020

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