Asian Sky Quarterly 2022 Q3
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GLOBAL PRE-OWNED MARKET UPDATE<br />
MEDIUM JETS - SHORT TERM MEDIAN VALUE CHANGE<br />
60%<br />
Increase Decrease Total<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
Sep15<br />
Sep1<br />
Aug15<br />
Aug1<br />
Jul15<br />
Jul1<br />
Jun15<br />
Jun1<br />
May15<br />
May1<br />
Apr15<br />
Apr1<br />
Mar15<br />
Mar1<br />
Feb15<br />
Feb1<br />
Jan15<br />
Jan1<br />
Dec15<br />
Dec1<br />
Nov15<br />
Nov1<br />
Oct15<br />
Oct1<br />
Sep15<br />
Sep1<br />
Aug15<br />
Aug1<br />
Jul15<br />
Jul1<br />
Jun15<br />
Jun1<br />
May15<br />
May1<br />
Apr15<br />
Apr1<br />
The median value of Medium Jets has risen 23% year-to-date.<br />
However, between May and today, this metric declined and then<br />
recovered which resulted in a 1% increase over the period. This<br />
slowdown is in part due to a 18% drop in pre-owned transactions in<br />
the first three quarters of <strong>2022</strong> versus 2021. That said, pre-owned<br />
transaction activity this year is a robust 30% ahead of the same<br />
period in 2019 (used as a pre-covid baseline). Availability in this<br />
segment is up 23% year-to-date but this represents only 4.1% of the<br />
fleet versus a 10-year average of 10%.<br />
LIGHT JETS - SHORT TERM MEDIAN VALUE CHANGE<br />
60%<br />
Increase Decrease Total<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
Sep15<br />
Sep1<br />
Aug15<br />
Aug1<br />
Jul15<br />
Jul1<br />
Jun15<br />
Jun1<br />
May15<br />
May1<br />
Apr15<br />
Apr1<br />
Mar15<br />
Mar1<br />
Feb15<br />
Feb1<br />
Jan15<br />
Jan1<br />
Dec15<br />
Dec1<br />
Nov15<br />
Nov1<br />
Oct15<br />
Oct1<br />
Sep15<br />
Sep1<br />
Aug15<br />
Aug1<br />
Jul15<br />
Jul1<br />
Jun15<br />
Jun1<br />
May15<br />
May1<br />
Apr15<br />
Apr1<br />
Year-to-date the short-term median value metric for Light Jets is up<br />
25%. However the rate in increase for this metric has slowed since<br />
the summer and has even declined in some months, resulting in<br />
a 0% change since July. Transaction activity in this market is 18%<br />
below <strong>2022</strong> but 33% ahead of 2019. Availability in this segment is up<br />
21% year-to-date but 5% below a year ago. Pre-owned inventory in<br />
this market represents 5% of the fleet, well below a 10-year average<br />
of 10.7%.<br />
42 | GLOBAL SKY QUARTERLY — THIRD QUARTER <strong>2022</strong>
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