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Asian Sky Quarterly 2022 Q1

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GLOBAL PRE-OWNED MARKET UPDATE<br />

HEAVY JETS - SHORT TERM MEDIAN VALUE CHANGE<br />

30%<br />

Increase Decrease Total<br />

20%<br />

10%<br />

0%<br />

-10%<br />

-20%<br />

-30%<br />

Over the past 12 months the median value of Heavy Jets has risen<br />

34%. This metric is now up 28% since the start of 2020 and up<br />

9% year-to-date. The overall positive direction of values has been<br />

driven by demand with a 28% increase in resale retail transactions<br />

40%<br />

30%<br />

-20%<br />

-30%<br />

Jan1 Jan1<br />

Feb1 Feb1<br />

Feb15 Feb15<br />

Mar15 Mar15<br />

Apr1 Apr1<br />

Apr15 Apr15<br />

May1 May1<br />

May15 May15<br />

Jun1 Jun1<br />

Jun15 Jun15<br />

Jul1 Jul1<br />

Jul15 Jul15<br />

Aug1 Aug1<br />

Aug15 Aug15<br />

Sep1 Sep1<br />

Sep15 Sep15<br />

SUPER-MID JETS - SHORT TERM MEDIAN VALUE CHANGE<br />

20%<br />

10%<br />

0%<br />

-10%<br />

Increase Decrease Total<br />

Oct1 Oct1<br />

Oct15 Oct15<br />

Nov1 Nov1<br />

Nov15 Nov15<br />

Dec1 Dec1<br />

Dec15 Dec15<br />

Jan1 Jan1<br />

Jan15 Jan15<br />

Feb1 Feb1<br />

Feb15 Feb15<br />

Mar1 Mar1<br />

Mar15 Mar15<br />

Apr1 Apr1<br />

Apr15 Apr15<br />

May1 May1<br />

May15 May15<br />

Jun1 Jun1<br />

Jun15 Jun15<br />

Jul1 Jul1<br />

Jul15 Jul15<br />

Aug1 Aug1<br />

Aug15 Aug15<br />

in 2021 over 2020 and a 39% increase ahead of 2019. At the same<br />

time the availability of preowned Heavy Jets has shrunk 56%<br />

year-over-year further adding upward pressure on what buyers are<br />

having to pay.<br />

Sep1 Sep1<br />

Sep15 Sep15<br />

Oct1 Oct1<br />

Oct15 Oct15<br />

Nov15 Nov15<br />

Nov1 Nov1<br />

Dec1 Dec1<br />

Dec15 Dec15<br />

Jan1 Jan1<br />

Jan15 Jan15<br />

Feb1 Feb1<br />

Feb15 Feb15<br />

Since March 2021, the median value of Super-Mid Jets has risen<br />

up to 44%. This same metric is up 35% since the start of 2020 and<br />

up 9% year-to-date. The positive direction of values is in large part<br />

due to the continued momentum in resale transactions, with 2021<br />

activity up 29% over 2020 and up 66% over 2019, with a 65% drop in<br />

Super-Mid Jet resale inventory.<br />

FIRST QUARTER <strong>2022</strong> — ASIAN SKY QUARTERLY | 47

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