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Business Fleet Report YE 2022 Europe

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BUSINESS JETS | EUROPE<br />

<strong>YE</strong> <strong>2022</strong><br />

Cover Feature<br />

LUXAVIATION<br />

AN INTERVIEW WITH<br />

PATRICK HANSEN,<br />

CEO OF LUXAVIATION<br />

Data & Analysis<br />

REGIONAL OVERVIEW<br />

COUNTRY SNAPSHOTS<br />

MARKET TRENDS<br />

OPERATORS<br />

AIRCRAFT REGISTRIES<br />

OEMS<br />

ENGINES<br />

Special Features<br />

ROLLS-ROYCE<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | I


II | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | III


CONTENTS<br />

PUBLISHER<br />

04<br />

08<br />

10<br />

14<br />

16<br />

20<br />

38<br />

48<br />

EXECUTIVE SUMMARY<br />

The Executive Summary is where you will find a quick<br />

overview of all of the headline findings from the report.<br />

REGIONAL OVERVIEW<br />

The Regional Overview shows a high-level snapshot of the<br />

Asia-Pacific fleet by region and country.<br />

COUNTRY SNAPSHOTS<br />

The Major Country Snapshots give a brief overview of the<br />

business jet fleets in each country/region, and includes the<br />

total fleet size, number of transactions and biggest operators.<br />

DEFICIENCIES IN SEEMINGLY<br />

BUOYANT MARKET<br />

LUXAVIATION<br />

Patrick Hansen, CEO of Luxaviation says the business jet<br />

market will be strong and buoyant in 2023.<br />

MARKET TRENDS<br />

The Market Trends section looks at the deliveries and<br />

transactions in the region, with data presented by OEM, type<br />

and value.<br />

MARKET UPDATES<br />

The Market Updates section is where you’ll find more<br />

granular data on the aircraft and engines in the region.<br />

20 Operator Overview<br />

22 Aircraft Registry Overview<br />

28 OEM Overview<br />

40 Engine Overview<br />

SUPPORTING MODERN TIME<br />

MACHINES<br />

ROLLS-ROYCE<br />

Rolls-Royce explains how its dedicated business aviation unit<br />

looks after all of its engines worldwide.<br />

APPENDIX<br />

EDITORIAL & MARKET RESEARCH<br />

Alud Davies<br />

Casper Zhuang<br />

Charlie Xu<br />

Dennis Lau<br />

Jeffrey Tang<br />

Liana Liu<br />

Mia Yao<br />

Qianyun Zhou<br />

Samuel Gao<br />

Silvia Huang<br />

Xiangyun Ning<br />

DESIGN<br />

Amy Liu-Lhuissier<br />

Kirsten Ackland<br />

Luna Huang<br />

ADVERTISING/ENQUIRIES:<br />

Joey Wong<br />

jwong@globalsky.media<br />

(852) 9582 0117<br />

www.globalsky.media<br />

Global Sky Media is part of Asian Sky Group. The materials and<br />

information provided by Global Sky Media in this report are for<br />

reference only. While such information was compiled using the best<br />

available data as of December 31, <strong>2022</strong>, any information we provide<br />

about how we may interpret the data and market, or how certain<br />

issues may be addressed is provided generally without considering<br />

your specific circumstances. Such information should not be regarded<br />

as a substitute for professional advice. Independent professional<br />

advice should be sought before taking action on any matters to which<br />

information provided in this report may be relevant.<br />

Global Sky Media shall not be liable for any losses, damage, costs<br />

or expenses howsoever caused, arising directly or indirectly from<br />

the use of or inability to use this report or use of or reliance upon<br />

any information or material provided in this report or otherwise in<br />

connection with any representation, statement or information on or<br />

contained in this report.<br />

COVER IMAGE<br />

Patrick Hansen<br />

CEO of Luxaviation<br />

Global Sky Media endeavors to ensure that the information contained<br />

in this report is accurate as at the date of publication, but does not<br />

guarantee or warrant its accuracy or completeness, or accept any<br />

liability of whatever nature for any losses, damage, costs or expenses<br />

howsoever caused, whether arising directly or indirectly from any error<br />

or omission in compiling such information. This report also uses third<br />

party information not compiled by Global Sky Media. Global Sky Media<br />

is not responsible for such information and makes no representation<br />

about the accuracy, completeness or any other aspect of information<br />

contained. The information, data, articles, or resources provided by<br />

any other parties do not in any way signify that Global Sky Media<br />

endorses the same.<br />

IV | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


The effort<br />

behind effortless<br />

1<br />

1<br />

Effortless — Wherever, and however, you fly, you can trust us to be there.<br />

In the air, on the ground, and at every moment in between. A global team<br />

of experts, dedicated to enabling your perfect flight, with passion.<br />

JetAviation.com<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 1


PUBLISHER’S NOTE<br />

One year ago when I joined<br />

Global Sky Media it was called<br />

Asian Sky Media. The company<br />

had been producing a number<br />

of market intelligence reports<br />

not only for business jet<br />

fleets, but for helicopter<br />

fleets, infrastructure, training<br />

and charter, and a quarterly<br />

report to provide an up-to-date<br />

market overview and summary for business jets and helicopters.<br />

The geographical coverage of all of these reports was always<br />

Asia-Pacific.<br />

Our name change from Asian Sky to Global Sky was our<br />

statement to our readers and to the aviation industry, that we are<br />

not only about Asia-Pacific anymore. We are going to be much<br />

more than that moving forward.<br />

reports, I am delighted to tell you that we have expanded our<br />

coverage to go beyond Asia-Pacific. The same insights and data<br />

that you have become accustomed to, are now available in our<br />

Middle East and North Africa (MENA) and <strong>Europe</strong> editions. We<br />

always obtain our data from multiple sources including, where<br />

possible, directly from the operators themselves. The criteria<br />

remain the same for fleet reports, where the aircraft must be in<br />

service, must be used only for civil purposes, and must be based<br />

in the region to be counted.<br />

To our existing readers, supporters and clients, I hope our<br />

expanded coverage will give you even greater value than in the<br />

past. To our new readers around the world, I hope our intelligence<br />

brings you valuable knowledge to assist your businesses. You<br />

can look forward to more international research for other types of<br />

aircraft and aviation services throughout the year.<br />

Since the summer of last year we have been writing daily news<br />

and delivering it through our upgraded and personalized website<br />

alongside our weekly newsletter sent to thousands of subscribers<br />

worldwide. Our research, such as the publication you are reading<br />

now, has taken significant steps forward in becoming truly worldclass,<br />

by achieving higher levels of professionalism.<br />

Our global news coverage now includes business aviation,<br />

general aviation, helicopters and advanced air mobility. For our<br />

Sincerely,<br />

Tan Rahman<br />

Publisher<br />

Global Sky Media<br />

SPECIAL THANKS TO OUR CONTRIBUTORS<br />

2 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


UNLEASH<br />

THE POWER<br />

OF DATA<br />

The MedAire360 Portal gives you access to near<br />

real-time threat info and intelligence in one<br />

easy-to-use interface. Map-based risk analysis,<br />

including flight level risk, weaponry range and<br />

risk, and civil aviation warnings - the information<br />

needed to make informed decisions.<br />

EXPERT CARE, EVERYWHERE.<br />

WWW.MEDAIRE.COM/360<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 3


EXECUTIVE SUMMARY<br />

There were 2,428 business jets operating in <strong>Europe</strong> at the end of December <strong>2022</strong>, which was a year-on-year increase of<br />

1.4%. The fleet changes during <strong>2022</strong> comprised 93 new deliveries, 210 pre-owned additions and 269 deductions, which<br />

resulted in a net fleet addition of 34 aircraft. <strong>Business</strong> jet demand in <strong>Europe</strong> continued to be affected by the COVID-19<br />

pandemic and the Russia-Ukraine conflict, especially for medium and long-haul flights, as travel restrictions to many<br />

regions and countries remained in place during much of <strong>2022</strong>. On a more positive note, the year-on-year fleet growth<br />

and increasing number of Long Range and Very Light jets are signs of increased demand for <strong>Europe</strong>an operators to use<br />

business jets inside <strong>Europe</strong>, as well as on flights to destinations outside of the region.<br />

Despite a 2.5% year-on-year reduction in<br />

terms of fleet size, Textron continued to<br />

be the most popular Original Equipment<br />

Manufacturer (OEM) in <strong>Europe</strong> with a<br />

fleet of 929 jets and 38% market share<br />

at the end of <strong>2022</strong>. This highlighted<br />

the preference for smaller aircraft and<br />

shorter range flights in <strong>Europe</strong>, as 83%<br />

of Textron’s fleet in the region comprises<br />

Light and Very Light jets. The US-based<br />

OEM delivered a total of 23 new jets<br />

to <strong>Europe</strong> during <strong>2022</strong>. Canadian OEM<br />

Bombardier had a 24% market share with<br />

a fleet of 576 jets, a net increase of four<br />

over 2021. The Long Range Global 7500<br />

accounted for 14 new deliveries to <strong>Europe</strong><br />

during <strong>2022</strong> – more than any other model.<br />

French OEM Dassault had a fleet of 289<br />

jets and 12% market share, which was<br />

down by 2.7% year-on-year. Embraer’s<br />

<strong>Europe</strong>an fleet increased by eight units<br />

over <strong>2022</strong> bumping up the Brazilian<br />

OEM’s fleet share to 10% in the region<br />

with a fleet of 254 jets at the end of <strong>2022</strong>.<br />

Gulfstream’s year-end <strong>2022</strong> <strong>Europe</strong>an fleet<br />

comprised 192 jets for a 8% market share,<br />

mainly in the Long Range category. One<br />

notable development during <strong>2022</strong> was<br />

NET FLEET GROWTH<br />

Positive Negative No Change<br />

TEXTRON<br />

BOMBARDIER<br />

DASSAULT<br />

EMBRAER<br />

GULFSTREAM<br />

BOEING<br />

AIRBUS<br />

-1.7%<br />

-2.5%<br />

5.7%<br />

0.7%<br />

-2.9%<br />

-2.7%<br />

3.8%<br />

3.3%<br />

-1.1%<br />

9.1%<br />

39.1%<br />

-12.5%<br />

11.1%<br />

0.0%<br />

OEM<br />

23<br />

32<br />

28<br />

18<br />

20<br />

20<br />

306<br />

237<br />

178<br />

297<br />

289<br />

246<br />

254<br />

176<br />

192<br />

541<br />

572<br />

576<br />

969<br />

953<br />

929<br />

LIGHT<br />

LONG RANGE<br />

MEDIUM<br />

LARGE<br />

VERY LIGHT<br />

CORP.<br />

AIRLINER<br />

Size Category<br />

1.9%<br />

-1.1%<br />

9.7%<br />

8.8%<br />

-1.4%<br />

1.1%<br />

-4.6%<br />

-2.4%<br />

1.8%<br />

3.9%<br />

40.0%<br />

-7.9%<br />

45<br />

63<br />

58<br />

414<br />

364<br />

359<br />

363<br />

390<br />

372<br />

363<br />

328<br />

334<br />

347<br />

454<br />

494<br />

797<br />

812<br />

803<br />

Notes:<br />

1. 2020 and 2021 data is based on JETNET LLC.<br />

2. Other OEMs include British Aerospace, Cirrus,<br />

Dornier, Eclipse, Fokker, Honda, Mitsubishi, Nextant,<br />

North American and Pilatus.<br />

OTHERS 2<br />

48.5%<br />

42.9%<br />

66<br />

98<br />

140<br />

2,338<br />

2,394<br />

2,428<br />

2020 1<br />

2021 1<br />

<strong>2022</strong><br />

4 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


EXECUTIVE SUMMARY<br />

EUROPEAN BUSINESS JET FLEET GROWTH<br />

2,600<br />

2,200<br />

2,221 -1.5% 2,187<br />

4.0%<br />

2,274 -0.8% 2,256 2.5%<br />

2,312<br />

1.9% 2,356 -0.8% 2,338<br />

2.4%<br />

2,394<br />

1.4%<br />

2,428<br />

1,800<br />

1,400<br />

CAGR<br />

2014 to <strong>2022</strong><br />

1.1%<br />

1,000<br />

2014<br />

2015 2016 2017 2018 2019 2020 2021 <strong>2022</strong><br />

NOTE: Historical fleet data is based on JETNET LLC.<br />

a 42.9% increase in fleet share among the smaller OEMs, led by<br />

new deliveries and pre-owned additions of Very Light and Light<br />

jets from Swiss OEM Pilatus and US-based Cirrus and Eclipse.<br />

The fleet of Corporate Airliners from Airbus have remained fairly<br />

stable year-on-year.<br />

The Light category remains the most popular in <strong>Europe</strong> with<br />

a 33% market share and 803 aircraft, down just one percent<br />

year-on-year. On the other hand, the Long Range category saw<br />

a near 9% increase in fleet size over 2021 to 494 aircraft. This<br />

was driven by an increasing number of new deliveries of the<br />

Bombardier Global 7500 and Gulfstream G600 models. There<br />

were 363 Medium Jets operating in <strong>Europe</strong> at the end of <strong>2022</strong>,<br />

up by four aircraft from the end of the previous year. The Large<br />

Jet fleet decreased by nine units during <strong>2022</strong> to 363, which was<br />

mainly driven by older models leaving <strong>Europe</strong>. There was a 4%<br />

increase in the number of Very Light Jets during <strong>2022</strong>, with the<br />

fleet reaching 347 units at the end of the year.<br />

The <strong>Europe</strong>an business jet fleet has remained fairly stable at<br />

around 2,300 jets since the end of 2018, passing the 2,400<br />

aircraft mark by the end of <strong>2022</strong>, with Western <strong>Europe</strong> accounting<br />

for almost half of the fleet with 1,167 aircraft. Southern <strong>Europe</strong><br />

had a fleet of 503 jets, with Malta taking a 28% share in that<br />

subregion. Northern <strong>Europe</strong> and Eastern <strong>Europe</strong> had fleets of 446<br />

and 312 jets, respectively. Northern <strong>Europe</strong> was the only subregion<br />

to see a year-on-year decrease in fleet size while the other<br />

sub-regions’ fleets saw increases. The overall <strong>Europe</strong>an fleet was<br />

up by 1.4% year-on-year with a net growth of 34 aircraft.<br />

There were 93 new deliveries to <strong>Europe</strong> during <strong>2022</strong>, comprising<br />

models across all size categories but quite heavily concentrated<br />

in the Long Range and Light categories. Pre-owned additions<br />

to the region totaled 210, led by Very Light Jets including the<br />

single-engine Vision SF-50 and Eclipse 500, which highlights the<br />

potential of these aircraft to satisfy the demand for short range<br />

and lower cost business jet travel in <strong>Europe</strong>.<br />

In terms of aircraft models delivered, there were 14 new<br />

Bombardier Global 7500s handed over to <strong>Europe</strong> during <strong>2022</strong>,<br />

highlighting the demand for this new Long Range Jet and<br />

perhaps an indication of renewed demand for long-haul flying<br />

from the region. Gulfstream’s G600 accounted for seven new<br />

deliveries into <strong>Europe</strong>. Other popular models delivered include<br />

the Pilatus PC-24 (Light), Cessna Citation Latitude (Medium) and<br />

Embraer Praetor 600 (Medium).<br />

The addition of 303 aircraft to the region during the year, together<br />

with the 269 which left <strong>Europe</strong>, resulted in a net increase of 34<br />

jets. The reductions comprised mainly of older aircraft models<br />

from various OEMs such as the Cessna 525 (CJ1), Dassault<br />

Falcon 900 and Embraer Legacy 600.<br />

As expected, the Western <strong>Europe</strong> sub-region had the largest<br />

overall fleet, led by Germany with 481 aircraft. Malta recorded the<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 5


EXECUTIVE SUMMARY<br />

highest number of net additions with 11 aircraft. Spain recorded<br />

the largest number of net deductions at nine aircraft.<br />

NetJets <strong>Europe</strong> was the largest <strong>Europe</strong>an operator at the end of<br />

<strong>2022</strong> with a fleet of 108 jets, followed by VistaJet with 64 and the<br />

Luxaviation Group with 62.<br />

In terms of aircraft registration country or location, 72% of the<br />

<strong>Europe</strong>an fleet was registered locally at the end of <strong>2022</strong>. Among<br />

the ten largest markets, the percentage of locally registered<br />

aircraft varied between 37% and 97%, with Portugal having the<br />

highest share. Some 89% of business jets in Germany – the<br />

largest fleet by country in <strong>Europe</strong>, were locally registered. A total<br />

of 108 aircraft among the ten largest markets were registered in<br />

the United States. Offshore registration remained popular with<br />

the <strong>Europe</strong> fleet, and a total of 431 jets were as such registered,<br />

led by Malta with a 45% share and the Isle of Man with 23%. The<br />

majority of offshore registered aircraft were in the Large and<br />

Long Range categories.<br />

While many <strong>Europe</strong>an countries began to fully relax Covid-related<br />

travel restrictions by early <strong>2022</strong>, long-haul international travel,<br />

especially to Asia-Pacific, was severely restricted until later in<br />

the year when more borders were opened up. This reduced the<br />

demand for Large and Long Range categories throughout the<br />

year. However, the ongoing Russia-Ukraine conflict has further<br />

affected demand and posed additional operational restrictions.<br />

The effects of Brexit and associated restrictions on business jet<br />

flights between the United Kingdom and the <strong>Europe</strong>an Union are<br />

still being felt by operators and users on both sides.<br />

However, the year-on-year fleet growth and increased number<br />

of deliveries of Long Range Jets is a positive indication of the<br />

anticipated return in demand as more borders are re-opened.<br />

Intra-<strong>Europe</strong>an travel will benefit from an increasing number of<br />

Very Light and Light jets being added to the fleet, which brings<br />

more choice for cost effective business jet travel in the region.<br />

6 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 7


REGIONAL<br />

109<br />

OVERVIEW<br />

5857 109<br />

46 43<br />

SWEDEN<br />

291<br />

1314 9796 911<br />

288<br />

910<br />

485 481<br />

1314 45<br />

UNITED DENMARK<br />

KINGDOM<br />

POLAND<br />

NETHERLANDS GERMANY<br />

BELGIUM<br />

CZECH<br />

LUXEMBOURG<br />

4143<br />

50 47<br />

3335<br />

45 55<br />

44 45<br />

64 65<br />

63 65<br />

34<br />

164 174<br />

33<br />

23251716 26282223 56<br />

159<br />

2423<br />

152<br />

REPUBLIC 20<br />

208 217<br />

HUNGARY<br />

AUSTRIA<br />

SWITZERLAND<br />

117 125<br />

87 78<br />

118<br />

FRANCE<br />

117<br />

108 112<br />

132 143<br />

2727<br />

26 31<br />

SPAIN<br />

PORTUGAL<br />

GREECE<br />

ITALY<br />

TURKEY<br />

MALTA<br />

133 133<br />

OTHERS<br />

472,338<br />

-0.8%<br />

2020 1<br />

76 3231<br />

482,394<br />

2.4%<br />

2021 1<br />

492,428<br />

1.4%<br />

<strong>2022</strong><br />

NOTES:<br />

1. 2020 and 2021 data is based on JETNET LLC.<br />

2. <strong>Fleet</strong> distribution is based on business jets in service and their active bases of operation.<br />

3. Others include Bulgaria, Croatia, Cyprus, Estonia, Finland, Ireland, Isle of Man, Latvia,<br />

Lithuania, Romania, Slovak Republic, and Slovenia.<br />

4. Region is defined in appendix on page 46.<br />

8 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


REGIONAL OVERVIEW<br />

There were 2,428 business jets operating in <strong>Europe</strong> at the<br />

end of December <strong>2022</strong>, which was a year-on-year increase<br />

of 34 jets, or 1.4% of the fleet.<br />

BUSINESS JET FLEET 2<br />

Western <strong>Europe</strong> as a subregion accounted for 48% of the<br />

total <strong>Europe</strong>an fleet with 1,167 aircraft, led by Germany with<br />

481, France with 217, Austria with 174 and Switzerland with<br />

152. There was net fleet growth for Austria (ten aircraft)<br />

and France (nine), with the former having the second<br />

largest net fleet increase among all <strong>Europe</strong>an markets. On<br />

the other hand, there were fleet deductions for Germany<br />

(four), Switzerland (seven) and Luxembourg (one). A net<br />

fleet increase of nine aircraft was recorded for the Western<br />

<strong>Europe</strong>an fleet.<br />

LARGEST MARKET<br />

481<br />

GERMANY<br />

MOST NET FLEET<br />

ADDITIONS<br />

+11<br />

MALTA<br />

MOST NET FLEET<br />

DEDUCTIONS<br />

-9<br />

SPAIN<br />

Southern <strong>Europe</strong> had a fleet of 503 jets at the end of <strong>2022</strong>,<br />

an increase of 22 aircraft year-on-year, more than any other<br />

<strong>Europe</strong>an subregion. This growth was mainly attributed<br />

to fleet growth in Malta (11 jets), Portugal (eight), Greece<br />

(five) and Italy (four), offset by reductions in other countries<br />

including Spain. The continuing popularity of Malta as an<br />

operator base with an offshore register helped boost its<br />

fleet once again, in particular the Long Range category.<br />

NetJets’ operations out of Portugal also contributed to the<br />

net additions. Net fleet change in percentage terms for<br />

Southern <strong>Europe</strong> was 4.6% year-on-year.<br />

Northern <strong>Europe</strong> recorded the only net fleet decrease<br />

among the <strong>Europe</strong>an subregions and during the year and<br />

ended <strong>2022</strong> with a net decrease of five jets, or 1.1% less<br />

than the end of 2021.There were fleet reductions across<br />

this subregion including Denmark (six), Estonia (five),<br />

Sweden (three), the United Kingdom (three) and Finland<br />

(two), offset by additions in Lithuania (four) and Latvia<br />

(seven). A total of 446 jets were in operation in Northern<br />

<strong>Europe</strong> at the end of <strong>2022</strong>.<br />

The Eastern <strong>Europe</strong>an fleet increased by a net of eight<br />

aircraft year-on-year with a total of 312 at the end of<br />

<strong>2022</strong>. Poland’s fleet grew by ten jets, mainly in the Very<br />

Light category, which indicates the potential of increased<br />

domestic and regional demand. There were also net fleet<br />

increases in Hungary (four), the Czech Republic (two) and<br />

Romania (one). Other countries in this subregion had small<br />

reductions in their fleets, including Bulgaria (three), the<br />

Slovak Republic (three), Cyprus (two) and Turkey (one).<br />

The overall <strong>Europe</strong>an market remained relatively strong<br />

as demand increased for domestic and regional business<br />

jet flights and there are the first signs of recovery in the<br />

long-haul market. The Long Range fleet size increase since<br />

the end of 2020 was almost 20%. However, some countries<br />

and markets have fared worse as the industry progressed<br />

to recover from the pandemic. The ongoing Russia-<br />

Ukraine conflict posed additional challenges for <strong>Europe</strong>an<br />

operators, and the post-Brexit effect continued to impact<br />

the UK – <strong>Europe</strong> market.<br />

FLEET GROWTH IN MAJOR MARKETS<br />

Net <strong>Fleet</strong> Growth<br />

Growth Rate<br />

SUBREGION 4 2021 <strong>2022</strong> 2021 <strong>2022</strong><br />

Southern <strong>Europe</strong> +25 +22 5.5% 4.6%<br />

Eastern <strong>Europe</strong> +35 +8 13.0% 2.6%<br />

Western <strong>Europe</strong> -1 +9 -0.1% 0.8%<br />

Northern <strong>Europe</strong> -3 -5 -0.7% -1.1%<br />

TOTAL +56 +34 2.4% 1.4%<br />

Net <strong>Fleet</strong> Growth<br />

Growth Rate<br />

COUNTRY/REGION 2021 <strong>2022</strong> 2021 <strong>2022</strong><br />

Malta +11 +11 9.1% 8.3%<br />

Austria +3 +10 1.9% 6.1%<br />

Poland +3 +10 7.1% 22.2%<br />

France -6 +9 -2.8% 4.3%<br />

Portugal 0 +8 0.0% 6.8%<br />

Greece +3 +5 13.0% 19.2%<br />

Hungary +7 +4 53.8% 20.0%<br />

Italy +14 +4 14.9% 3.7%<br />

Czech Republic +3 +2 5.0% 3.2%<br />

Belgium +6 +1 10.3% 1.6%<br />

Netherlands 0 +1 0.0% 2.3%<br />

Turkey +11 -1 10.3% -0.8%<br />

Luxembourg -4 -1 -10.5% -2.9%<br />

United Kingdom -14 -3 -4.6% -1.0%<br />

Sweden 11 -3 31.4% -6.5%<br />

Denmark -3 -3 -5.7% -6.0%<br />

Germany 0 -4 0.0% -0.8%<br />

Switzerland 0 -7 0.0% -4.4%<br />

Spain -1 -9 -1.1% -10.3%<br />

Others +12 0 9.9% 0.0%<br />

TOTAL +56 +34 2.4% 1.4%<br />

Ranked by <strong>2022</strong> net fleet growth in descending order from the highest.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 9


COUNTRY SNAPSHOTS<br />

MAJOR COUNTRY SNAPSHOTS<br />

Germany<br />

Germany remained as <strong>Europe</strong>’s largest business jet market<br />

in terms of fleet size with 481 aircraft, a net decrease of four<br />

compared to the end of 2021. A total of 15 new deliveries were<br />

made, 53% of which were Light jets. There were also 37 pre-owned<br />

additions from both within and outside of <strong>Europe</strong>, while 56 jets left<br />

the country for other <strong>Europe</strong>an operators, or from those outside<br />

of the region. Textron had a 47% share of the German market<br />

at the end of <strong>2022</strong>, led by the Citation 525, 525A and 560XL<br />

aircraft families with a combined 27% of the fleet. There were<br />

103 Bombardier jets with German operators, which comprised<br />

products from the Learjet, Challenger and Global families.<br />

Embraer and Dassault had shares of 16% and 6%, respectively. In<br />

line with the overall <strong>Europe</strong>an fleet trend, Light Jets and Very Light<br />

Jets were the most popular in Germany with a combined 65%<br />

fleet share. Some 89% of business jets based in Germany were<br />

registered locally on the D- register.<br />

The United Kingdom<br />

With a small net deduction of just three aircraft, the United<br />

Kingdom fleet totaled 288 at the end of <strong>2022</strong>. Some 15 new<br />

deliveries were made during <strong>2022</strong>, as well as well as 54 pre-owned<br />

additions, while 72 jets left the UK, with one-third headed for the<br />

United States. Almost half of the new deliveries were Long Range<br />

Jets. Textron and Bombardier had almost equal shares of the UK<br />

market with 78 and 75 aircraft, which equated to 27% and 26%,<br />

respectively. Gulfstream held a 15% fleet share. The UK is also<br />

home to the largest Boeing BBJ1 fleet in <strong>Europe</strong> with 11 aircraft.<br />

Long Range jets were the most popular with 88 aircraft – a 31%<br />

fleet share. Light Jets occupied a 21% share and Medium Jets<br />

17%. There were 15 Corporate Airliners in the UK, more than any<br />

other <strong>Europe</strong>an country. The Long Range Bombardier Global 5000<br />

and 6000 series were the most popular models with a combined<br />

fleet of 27. Only 37% of the UK-based fleet was registered locally,<br />

with 39% on offshore registries.<br />

France<br />

With a net increase of nine jets, the French fleet totaled 217<br />

jets at the end of <strong>2022</strong>. Only two new deliveries were made to<br />

France-based operators during the year – a Falcon 8X and a<br />

Citation M2. The fleet growth was mainly accounted for by 31<br />

pre-owned additions which mainly comprised smaller size jets.<br />

Some 24 deductions across all size categories were recorded<br />

during <strong>2022</strong>. Textron had a 48% fleet share with 105 aircraft<br />

while local OEM Dassault took a 22% share. Embraer had a 13%<br />

share at the end of <strong>2022</strong>. The French fleet, which comprised<br />

almost 50 business jet models, is concentrated on the Very Light<br />

and Light categories, with a combined fleet share of 58% (126<br />

aircraft). The Cessna Citation Mustang is the most popular model<br />

in France with a fleet of 26, followed by the Citation 525 with 23<br />

and Citation 525A with 12. The most popular Dassault product is<br />

the Falcon 7X with a fleet of 12. Some 60% of the France-based<br />

fleet was registered locally, with offshore and other <strong>Europe</strong>an<br />

registries also relatively popular.<br />

Austria<br />

With 174 jets in the fleet, Austria was <strong>Europe</strong>’s fourth largest<br />

market at the end of <strong>2022</strong>. <strong>Fleet</strong> movements during <strong>2022</strong><br />

10 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


COUNTRY SNAPSHOTS<br />

comprised five new deliveries, 47 pre-owned additions and 42<br />

deductions. The net fleet increase of ten jets was the joint highest<br />

in <strong>Europe</strong>. The five new deliveries comprised two Global 7500s,<br />

two Citation XLS Gen 2s and one Citation CJ3+, four of which are<br />

locally registered. The pre-owned additions included a mix of 15<br />

models across all size categories. For the OEMs, Textron had a<br />

37% market share with 64 in the fleet, followed by Bombardier<br />

with 33% and 57 jets. Light Jets were most popular in Austria<br />

with a fleet of 61 and there were also 44 Long Range Jets in the<br />

fleet. A total of 51 business jet models were in the Austria-based<br />

fleet, led by the Citation 560XL series with a fleet of 14, Challenger<br />

300/350 series with 13 and Citation 525A with eight. Some 84%<br />

of the Austria-based fleet was registered locally while 10% was on<br />

offshore registries.<br />

Switzerland<br />

There were 152 business jets operating in Switzerland at the end<br />

of <strong>2022</strong>, down seven aircraft year-on-year. Five new deliveries<br />

and 28 pre-owned additions were offset by 40 deductions<br />

during the year. The five new deliveries comprised two Pilatus<br />

PC-24s (Light), one Phenom 300E (Light), one Citation Latitude<br />

(Medium) and one Long Range Falcon 8X. Textron again had<br />

the largest market share in Switzerland with 43 jets (28%), with<br />

Dassault taking a 26% share and Bombardier 17%. The Swiss<br />

fleet is somewhat more focused on larger sized jets, with the<br />

48 Long Range Jets accounting for a 31% fleet share. Other<br />

popular categories included Light (37 jets) and Large (29). The<br />

most popular among the 49 models based in Switzerland are<br />

the Falcon 7X (14 aircraft), Citation Mustang (ten), PC-24 (nine)<br />

and Falcon 2000 EX (nine). Just 47% of the Swiss-based fleet is<br />

registered locally.<br />

Malta<br />

Malta has become an increasingly popular base for business<br />

jet operators in recent years, mainly due to the availability of<br />

offshore registration with associated favorable tax structure, as<br />

well as operational flexibility. This is evidenced by the relatively<br />

high number of Large and Long Range jets based in the country.<br />

The Maltese fleet grew year-on-year by 11 jets to a total of 143<br />

by the end of <strong>2022</strong>. A total of 12 new deliveries were made<br />

during <strong>2022</strong>, eight of which were Global 7500s, with the majority<br />

operated by VistaJet. There were also 22 pre-owned additions and<br />

23 deductions during the year, again with an emphasis on larger<br />

sized jets. Bombardier had a 70% fleet share in Malta with 100 jets<br />

from the Global and Challenger families. Gulfstream had a 10%<br />

share with 15 jets based in Malta. Long Range Jets accounted for<br />

42% of the fleet, with Large and Medium jets each taking a 21%<br />

share. Perhaps not surprisingly, Bombardier products occupied<br />

the top five spots for the most popular business jet models in<br />

Malta, led by 26 Global 6000s, 23 Challenger 300/350 and 16<br />

Global 7500s. Some 88% of the Maltese fleet is registered locally,<br />

which is considered an offshore registration.<br />

Portugal<br />

Home to NetJets <strong>Europe</strong>’s operations, Portugal had a fleet of 125<br />

jets at the end of <strong>2022</strong>, an increase of eight over the previous<br />

year. Of the 12 new deliveries made, 11 were handed over to<br />

NetJets and comprised six Citation Latitudes, three Phenom<br />

300s, one Challenger 350 and one Global 6500. A Vision SF50<br />

Very Light Jet was delivered to a private operator. There were<br />

also five pre-owned additions and nine deductions during the<br />

year. Textron, Bombardier and Embraer were the top three OEMs<br />

in the Portuguese market with fleet shares of 44%, 26% and 19%,<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 11


COUNTRY SNAPSHOTS<br />

respectively. Light Jets were most popular in Portugal with a fleet<br />

of 53, followed by Medium Jets with 42. Some 25 business jet<br />

models were operated in Portugal, led by the Citation Latitude<br />

(25), Phenom 300 (20) and Citation 560XL (18). Portugal had one<br />

of the highest proportions of locally registered business jets in<br />

<strong>Europe</strong> with 97% of the fleet on the CS- register.<br />

Turkey<br />

Turkey’s business jet fleet size reduced by just one aircraft during<br />

<strong>2022</strong> for a total of 117 at year end. Only one new jet was delivered<br />

during the year – a Falcon 8X to charter company Setair. There<br />

were 15 pre-owned additions of mainly Large and Long Range<br />

jets, as well as 17 deductions. Bombardier was the top OEM in<br />

Turkey with a fleet share of 36%, ahead of Textron with 28% and<br />

Dassault and Gulfstream with 14% each. The Turkish fleet was<br />

concentrated around Large and Long Range jets with a combined<br />

fleet share of 57%, with the Light and Medium categories having<br />

shares of 20% and 17%, respectively. Turkey’s fleet was quite<br />

widespread among 45 aircraft models, with each model having<br />

comparably small numbers. The Challenger 605, Gulfstream<br />

G450 and Citation 560XL series were jointly the most popular<br />

models with seven aircraft each. Turkey’s locally registered fleet<br />

proportion was relatively high at 84% with just 9% of the fleet were<br />

registered offshore.<br />

Italy<br />

With a net gain of four aircraft and a <strong>2022</strong> year-end fleet of 112<br />

jets, the Italian business jet fleet ranked ninth among <strong>Europe</strong>an<br />

countries. There were six new deliveries to Italy during <strong>2022</strong> –<br />

four Gulfstream Long Range Jets and two Citation CJ4 Light<br />

Jets. The 14 pre-owned additions and 16 deductions from the<br />

fleet comprised a mix of aircraft models across all categories.<br />

Textron captured the largest OEM market share in Italy with 47%<br />

(53 aircraft). The other major OEMs Bombardier, Dassault and<br />

Gulfstream had fairly even fleet shares of around 15%. Embraer<br />

was less well represented in Italy with just two aircraft – one<br />

Legacy 650 and one Phenom 100. The Hawker 400 was the most<br />

popular model in Italy with ten aircraft, followed by the Citation<br />

525, Citation 500/501 and Gulfstream G550 with seven each.<br />

Some 67% of the Italian fleet was registered locally, with 17%<br />

offshore and 7% on the US N register.<br />

Spain<br />

Rounding out the top ten largest fleets in <strong>Europe</strong> were the 78 jets<br />

operated in Spain. The year-end <strong>2022</strong> fleet saw a net decrease of<br />

nine aircraft over the previous year – the most of any <strong>Europe</strong>an<br />

country. There were few additions to the Spanish fleet during <strong>2022</strong><br />

with just one PC-24 as the only new delivery made, and only five<br />

pre-owned additions. On the other hand, there were 15 deductions<br />

from the Spain-based fleet during the year, nine of which headed<br />

to other <strong>Europe</strong>an countries. Textron accounted for 55% of the<br />

fleet with 43 jets, followed by Bombardier and Gulfstream, each<br />

with a 17% share. Light Jets were the most popular in Spain with<br />

28 aircraft and a 36% fleet share, followed by Very Light Jets<br />

with 21% and Long Range Jets with 19%. Cessna Citation family<br />

models were most common in Spain, including the Citation 550<br />

(nine aircraft), Citation 525 (eight), Citation Mustang (six) and<br />

Citation 560XL (five). Three-quarters of the Spain-based fleet was<br />

registered locally, with the remaining fleet registered offshore<br />

(8%), on the US register (3%) and on registries (14%).<br />

12 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


COUNTRY SNAPSHOTS<br />

TOTAL FLEET BY COUNTRY/REGION AND OEM<br />

2,428 in Total<br />

TEXTRON<br />

BOMBARDIER<br />

DASSAULT<br />

EMBRAER<br />

GULFSTREAM<br />

BOEING<br />

AIRBUS<br />

OTHERS<br />

TOTAL<br />

% OF TOTAL<br />

GERMANY 228 103 28 76 9 31 2 4 481 20%<br />

UNITED KINGDOM 78 75 39 30 44 8 11 3 288 12%<br />

FRANCE 105 20 47 29 6 9 1 217 9%<br />

AUSTRIA 64 57 8 14 22 7 1 1 174 7%<br />

SWITZERLAND 43 26 40 13 13 12 2 3 152 6%<br />

MALTA 9 100 6 15 8 3 2 143 6%<br />

PORTUGAL 55 33 12 24 1 125 5%<br />

TURKEY 33 42 16 4 16 1 2 3 117 5%<br />

ITALY 53 17 18 2 16 6 112 5%<br />

SPAIN 43 13 5 1 12 3 1 78 3%<br />

CZECH REPUBLIC 34 5 1 9 7 9 65 3%<br />

BELGIUM 29 7 14 3 2 10 65 3%<br />

POLAND 16 12 1 8 8 10 55 2%<br />

DENMARK 20 7 14 3 3 47 2%<br />

NETHERLANDS 17 4 15 2 1 5 1 45 2%<br />

SWEDEN 16 11 3 5 8 43 2%<br />

LUXEMBOURG 4 10 6 1 1 9 1 1 33 1%<br />

GREECE 10 12 4 1 4 31 1%<br />

HUNGARY 19 1 2 2 24 1%<br />

OTHERS 53 21 10 20 15 8 4 2 133 5%<br />

TOTAL 929 576 289 254 192 140 28 20 2,428 100%<br />

96+58+43+35+30+29+25+23+22+16+13+13+11+9+9+9+7+6+5+27+<br />

65<br />

65<br />

55<br />

47<br />

45<br />

43<br />

33<br />

31<br />

24<br />

78<br />

174<br />

152<br />

143<br />

125<br />

117<br />

112<br />

133<br />

217<br />

288<br />

481<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 13


LUXAVIATION CEO<br />

SEES DEFICIENCIES<br />

IN SEEMINGLY<br />

BUOYANT MARKET<br />

By Mia Yao<br />

Patrick Hansen<br />

CEO, Luxaviation<br />

14 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


LUXAVIATION<br />

Luxaviation CEO Patrick Hansen is predicting a strong and buoyant<br />

business aviation market in 2023, despite the fact that growing<br />

costs are bringing low margins to the sector.<br />

“I’m sure that for the next six to twelve months, people will continue<br />

to live on the buoyancy and the structural issue of the market,” said<br />

Hansen, adding that people are living in a certain time when they<br />

don’t see the deficiencies.<br />

The major deficiency, he says, are the extremely low profit margins<br />

due to increasing costs and regulatory issues, which have been<br />

witnessed across all regions.<br />

He also believes that certain investors should check growth<br />

numbers and put messages of growth and buoyancy in perspective<br />

as they compare with Covid time numbers.<br />

“Over the last two years, a lot of people are living off<br />

announcements of significant growth. It was very easy to grow very<br />

much when there was little activity in 2020,” he said. “I’ve seen a lot<br />

of extremely buoyant messages coming out from various industry<br />

players. I think there should be reality checks behind it when it<br />

comes to the true numbers.”<br />

“For the business aviation market in general, <strong>2022</strong> was a good year<br />

except for the last two months where you could see a slowdown.<br />

Some business owners might see their business in a much better<br />

light than what it actually is.”<br />

Since it was founded in 2008, Luxaviation has made major<br />

acquisitions including Fairjets, Abelag, Unijet, and ExecuJet, and<br />

has expanded its FBO networks in Germany, the US, and Australia.<br />

In 2021, the Luxembourg-based company announced a partnership<br />

with Lilium for future operations of its seven-seat Lilium Jet.<br />

Looking into the future, Hansen said the company will continue<br />

its path of growing the global FBO network as well as expanding<br />

its activities in the US market although COVID-19 has slowed the<br />

company’s business and expansion process over the past few years.<br />

Talking about the company’s thoughts on the emerging advanced<br />

air mobility (AAM) industry and the billions of dollars that have<br />

been invested in it, Hansen said it is only a matter of time for<br />

commercial air taxis to become a reality.<br />

“I’m a firm believer that sooner or later AAM will become a reality.”<br />

I’ve seen a lot of extremely<br />

buoyant messages coming<br />

out from various industry<br />

players. I think there should<br />

be reality checks behind it<br />

when it comes to the true<br />

numbers.”<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 15


MARKET TRENDS<br />

MARKET TRENDS<br />

BUSINESS JET ADDITIONS & DEDUCTIONS<br />

MOVEMENTS<br />

<strong>2022</strong><br />

3,000<br />

2,500<br />

2,394 93<br />

210 -269<br />

2,428<br />

269<br />

2,000<br />

210<br />

1,500<br />

1,000<br />

93<br />

138<br />

500<br />

0<br />

<strong>Fleet</strong><br />

2021<br />

New<br />

Deliveries<br />

Pre-Owned<br />

Additions<br />

Deductions<br />

<strong>Fleet</strong><br />

<strong>2022</strong><br />

New Deliveries<br />

Pre-owned<br />

Additions<br />

Deductions<br />

Intra-<strong>Europe</strong><br />

Movements<br />

The <strong>Europe</strong>an business jet fleet size increased from 2,394 aircraft at the end of 2021 to 2,428 at the end of <strong>2022</strong><br />

The net increase of 34 aircraft (1.4% year-on-year) was a result of 93 new deliveries, 210 pre-owned additions and<br />

269 deductions. Intra-<strong>Europe</strong>an transactions during <strong>2022</strong> totaled 138.<br />

Textron made the most new deliveries with 23, ahead of Bombardier<br />

with 20 and Embraer with 17. A total of 12 new Gulfstream aircraft were<br />

handed over in the region, while Pilatus delivered 11. Dassault and Cirrus<br />

took the minor shares with six and four aircraft, respectively.<br />

A total of 14 Long Range Global 7500s were handed over to <strong>Europe</strong> –<br />

more than any other model. This reinforces the strong global market<br />

position for this model, which also topped delivery numbers in other<br />

regions during <strong>2022</strong>. At the other end of the scale in the Light Jet<br />

category, the increasingly popular Pilatus PC-24 saw 11 new deliveries,<br />

ahead of the Citation Latitude in the Medium category with eight<br />

deliveries. Other popular models included the Embraer Praetor 600 (seven<br />

deliveries), Gulfstream G600 (seven), Phenom 300E (six) and Citation CJ4<br />

(five). New deliveries were recorded for a total of 22 aircraft models.<br />

TOP MODELS IN <strong>2022</strong><br />

New Deliveries<br />

14<br />

Global<br />

7500<br />

11<br />

Pilatus<br />

PC-24<br />

Pre-Owned Additions<br />

22<br />

14<br />

8<br />

Citation<br />

680A<br />

(Latitude)<br />

7<br />

Praetor<br />

600<br />

<strong>2022</strong><br />

7<br />

G600<br />

9 7 7<br />

<strong>2022</strong><br />

Light Jets and Long Range Jets each took an almost equal share of new<br />

deliveries with 31 and 33 aircraft respectively, which equated to 33%<br />

and 35% of the total number of new deliveries. The Medium category<br />

accounted for 20% with 19 new deliveries, with the Very Light and Large<br />

categories taking minor shares of 9% and 2%, respectively.<br />

In terms of aircraft values for new deliveries, the 93 new deliveries<br />

were valued at just over USD$3B. The 20 Bombardier jets handed were<br />

worth a total of USD$1.29B. These deliveries comprised 14 Global<br />

7500s, three Challenger 350s, Two Global 6500s and one Global 6000.<br />

Gulfstream delivered USD$685.8 M worth of new aircraft which included<br />

seven G600s, two G500s, two G550s and one G650ER. The 23 Textron<br />

VISION<br />

SF50<br />

Deductions<br />

20<br />

Citation<br />

525<br />

(M2/CJ1/+)<br />

Eclipse<br />

500<br />

14<br />

Citation<br />

560XL<br />

(Excel/XLS/XLS+)<br />

Challenger<br />

300/350<br />

Citation<br />

525A<br />

(CJ2/CJ2+)<br />

12 12<br />

Citation 550<br />

(II/IISP/SII/Bravo)<br />

Falcon<br />

900<br />

Global<br />

5000<br />

<strong>2022</strong><br />

10<br />

Legacy<br />

600<br />

16 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


92+80+68+48+44+24+16<br />

98+90+56+44+36+32+28+10+10+8+6+2<br />

92+65+32+25+24+7+5+5+4+4+3+2+1<br />

MARKET TRENDS<br />

BUSINESS JET MOVEMENTS 1,2<br />

FLEET SIZE (UNITS)<br />

FOR MORE INFORMATION ON JET MOVEMENTS, PLEASE REFER TO THE OEM OVERVIEW.<br />

New Deliveries<br />

AIRCRAFT VALUE (USD$M) 3<br />

23<br />

20<br />

17<br />

12<br />

11<br />

6<br />

4<br />

TEXTRON<br />

BOMBARDIER<br />

EMBRAER<br />

GULFSTREAM<br />

PILATUS<br />

DASSAULT<br />

CIRRUS<br />

26+99+19+53+10+24+1<br />

$11.9<br />

$129.6<br />

$338.6<br />

$243.6<br />

$310.9<br />

$685.8<br />

$1,288.2<br />

93<br />

TOTAL<br />

$3,008.5<br />

Pre-owned Additions<br />

49<br />

45<br />

28<br />

22<br />

$876.0<br />

BOMBARDIER<br />

FLEET SIZE (UNITS) AIRCRAFT VALUE (USD$M) 3<br />

TEXTRON<br />

$219.4<br />

GULFSTREAM<br />

$757.6<br />

CIRRUS<br />

$64.6<br />

18<br />

16<br />

DASSAULT<br />

EMBRAER<br />

$297.5<br />

$206.8<br />

14<br />

ECLIPSE<br />

$14.1<br />

5<br />

AIRBUS<br />

$318.5<br />

5<br />

4<br />

3<br />

PILATUS<br />

HONDA<br />

BOEING<br />

$70.0<br />

$15.1<br />

$119.9<br />

1<br />

NEXTANT<br />

$1.5<br />

210 TOTAL<br />

$2,961.1<br />

97+24+84+7+33+23+2+35+8+2+13+1<br />

92<br />

65<br />

Deductions<br />

FLEET SIZE (UNITS) AIRCRAFT VALUE (USD$M) 3<br />

32<br />

25<br />

24<br />

7<br />

5<br />

5<br />

4<br />

4<br />

3<br />

2<br />

1<br />

TEXTRON<br />

BOMBARDIER<br />

DASSAULT<br />

EMBRAER<br />

GULFSTREAM<br />

BOEING<br />

AIRBUS<br />

CIRRUS<br />

ECLIPSE<br />

PILATUS<br />

HONDA<br />

NEXTANT<br />

BRITISH AEROSPACE<br />

269 TOTAL<br />

$3,344.7<br />

$396.2<br />

42+98+55+26+64+32+26+3+2+6+2+1+2<br />

$15.6<br />

$4.7<br />

$55.5<br />

$10.4<br />

$3.1<br />

$8.0<br />

$250.9<br />

$296.5<br />

$248.2<br />

$520.4<br />

$607.6<br />

$927.5<br />

NOTE : 1. Pre-owned Additions and Deductions do not necessary indicate aircraft transactions. They also include aircraft that have changed their base region,<br />

returned to use, or retired. Intra-<strong>Europe</strong> movements are also excluded. 2. OEMs that had no business jet movement in <strong>2022</strong> were not listed in the table. 3. Aircraft<br />

Value is sourced from third party valuation sources and Global Sky Media research, which are based on the aircraft’s year of manufacture, with assumptions of<br />

standard equipment, configuration and average yearly utilization.<br />

deliveries comprised jets in the smaller size categories and were valued<br />

at USD$338.6 M. These included eight Latitudes, five CJ4s, four XLS,<br />

three M2s, two CJ3+ and a single Longitude. Dassault’s six deliveries –<br />

four Falcon 8X and two Falcon 2000 LXS, were valued at USD$310.9 M.<br />

Embraer’s 17 deliveries comprised nine Phenom 300s, seven Praetor 600s<br />

and one Phenom 100 worth a total of USD$243.6 M. Pilatus’ 11 PC-24<br />

deliveries were valued at USD$129.6 M, with the four Cirrus Vision SF50s<br />

at USD$11.9 M.<br />

The 210 pre-owned additions into <strong>Europe</strong> during <strong>2022</strong> included 49<br />

Bombardier jets worth USD$876 M– the highest among all OEMs in terms<br />

of both number and value. Bombardier’s market share for pre-owned<br />

additions was 23%. These additions comprised 15 models including eight<br />

Global Express/XRS, seven Global 5000s, six Global 6000s, five Challenger<br />

604s and nine Challenger 300s. Some 45 pre-owned Textron aircraft of<br />

23 models worth USD$219.4 M were added, including six Hawker 750s,<br />

seven Citation CJ2+, four Citation Mustangs and six Citation CJ1s.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 17


MARKET TRENDS<br />

A total of 28 pre-owned Gulfstream aircraft of 10 models and worth<br />

USD$757.6 M joined the <strong>Europe</strong>an fleet during <strong>2022</strong>, which represented<br />

a 13% share of the overall pre-owned additions. The most popular preowned<br />

Gulfstream models were the G550 (six additions), G450 (five) and<br />

G200 (four). There were 18 pre-owned Dassault jets worth USD$297.5 M<br />

added during <strong>2022</strong> and comprised seven models including the Falcon 7X<br />

(six additions), Falcon 2000 family (four) and Falcon 20 (three). The <strong>2022</strong><br />

pre-owned additions also included 16 Embraer jets of worth USD$206.8<br />

M, including eight Legacy 600/650 and four Phenom 300/300E. Other<br />

pre-owned additions of note were in the Very Light Jet category with 22<br />

Cirrus Vision SF50s to 11 <strong>Europe</strong>an markets and 14 Eclipse EA500s to<br />

nine markets. Small numbers of pre-owned Pilatus, Honda and Nextant<br />

jets were also added to the <strong>Europe</strong>an fleet during <strong>2022</strong>.<br />

The Vision SF50 and Eclipse 500 were the also most popular models for<br />

pre-owned additions, ahead of the Challenger 300/350 with nine aircraft<br />

and Citation 525A and Global 5000 with seven aircraft each. The 210<br />

pre-owned additions in <strong>2022</strong> comprised a total of 81 aircraft models from<br />

12 OEMs.<br />

by OEM, Textron products accounted for 92 aircraft of 32 models worth<br />

$396.2 M. Some 65 Bombardier jets valued at $927.5 M were removed<br />

from the <strong>Europe</strong>an fleet, 35% of which were Learjets. Dassault products<br />

accounted for 32 of the deductions, and included 13 different Falcon<br />

models. A total of 25 Embraer jets in the Phenom, Legacy and Lineage<br />

families left <strong>Europe</strong> during <strong>2022</strong>, including 12 Legacy 600/650 jets,<br />

some of which ended up in the Middle East and Asia. Five of the six<br />

Phenom 300s which left <strong>Europe</strong> headed for the United States. Some 24<br />

Gulfstream jets valued at USD$607.6 M also left <strong>Europe</strong> and the vast<br />

majority were placed with operators in North and South America. In<br />

addition to the small number of deductions of Cirrus, Eclipse, Pilatus,<br />

Honda and Nextant products, a total of 14 Corporate Airliners left the<br />

<strong>Europe</strong>an market, including a pair of BBJ1s that were converted into<br />

military use.<br />

Light Jets accounted for the largest number of deductions with 77<br />

aircraft (29% share). The Medium, Large, Very Light and Long Range<br />

categories saw between 42 and 47 deductions (around a 17% share). The<br />

14 Corporate Airliners made up the remaining 5% of deductions.<br />

In terms of size categories, Very Light and Long Range had equal shares<br />

of the pre-owned additions with 49 aircraft (24%). Light Jets took an 18%<br />

share with 37 additions while the Large and Medium categories had<br />

similar shares of 16% and 15%, respectively. Nine pre-owned Corporate<br />

Airliners were added to the <strong>Europe</strong>an market during <strong>2022</strong>, including four<br />

Airbus ACJs, two Boeing BBJ1s and one Embraer Lineage 1000E.<br />

There were 269 deductions among 103 aircraft models from the<br />

<strong>Europe</strong>an business jet fleet in <strong>2022</strong>, including 28 permanent retirements,<br />

valued at a total of USD$3.34 B. In terms of the number of deductions<br />

In terms of aircraft models, the Cessna Citation 525 saw the most<br />

deductions with 12 aircraft, including three retirements. This was<br />

followed by the Embraer Legacy 600 with ten aircraft and Cessna<br />

Citation XLS with eight.<br />

There were 28 permanent retirements recorded for the <strong>Europe</strong>an fleet<br />

during <strong>2022</strong>, which included 23 different aircraft models. The Learjet<br />

35A and Citation 525 each had three retirements. The average age of<br />

retirement was 28 years, with the oldest at 56 years – a 1966-build<br />

Hawker 125-1A.<br />

18 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


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<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 19


MARKET UPDATES<br />

OPERATOR OVERVIEW<br />

With a combined fleet of 588 jets, the top 20 operators in <strong>Europe</strong><br />

accounted for 24% of the total <strong>Europe</strong>an fleet at the end of <strong>2022</strong>.<br />

Portugal-based NetJets <strong>Europe</strong> had by far the largest fleet in<br />

the region with 108 aircraft, followed by VistaJet with 64 and<br />

Luxaviation Group with 62. A further seven operators had fleets<br />

of 20 jets or more.<br />

Bombardier and Textron were the most popular manufacturers<br />

among the top ten <strong>Europe</strong>an operators, with fleets of 132 and<br />

148, respectively. Embraer had 62 aircraft with these operators,<br />

followed by Dassault with 46 and Gulfstream with 19.<br />

The majority of large <strong>Europe</strong>an operators had mixed fleets<br />

with aircraft from four or five OEMs, with the clear exception<br />

of VistaJet and GlobeAir, which VistaJet operated exclusively<br />

Bombardier aircraft and GlobeAir operated exclusively Textron<br />

aircraft. Luxaviation’s fleet has been expanding both in size and<br />

aircraft variety and at the end of <strong>2022</strong> it operated aircraft models<br />

from seven different OEMs.<br />

TOP 20 OPERATORS BY FLEET SIZE 1,2<br />

NETJETS EUROPE<br />

VISTAJET<br />

LUXAVIATION GROUP<br />

AIR HAMBURG LUFTVERKEHRS<br />

AVCON JET<br />

PROAIR AVIATION<br />

GESTAIR<br />

ASL GROUP<br />

TAG AVIATION<br />

GLOBEAIR<br />

SPARFELL<br />

GLOBAL JET<br />

INT'L JET MANAGEMENT<br />

108<br />

64<br />

62<br />

35<br />

30<br />

25<br />

23<br />

22<br />

21<br />

20<br />

TOP 10 OPERATORS<br />

19<br />

19<br />

18<br />

Textron was the dominant OEM among five of the top ten<br />

FAI RENT-A-JET<br />

18<br />

operators. Only two of the top ten did not operate any Textron<br />

aircraft – TAG Aviation and VistaJet, with a fleet highly focused<br />

on the Long Range and Large categories. Bombardier was also<br />

well represented by eight of the top ten operators. Dassault<br />

and Embraer products featured among seven of the top ten<br />

operators, and only four of the top ten operators had Gulfstream<br />

jets in their fleets.<br />

JET AVIATION<br />

VALLJET<br />

FR AVIATION<br />

AIR ALSIE<br />

AIR X CHARTER<br />

VOLARE AVIATION<br />

17<br />

16<br />

16<br />

15<br />

14<br />

13<br />

TOP<br />

OPERATORS =<br />

24% OF<br />

TOTAL FLEET<br />

NOTE:<br />

1. Special mission and government operators are not included.<br />

2. Operators under the same corporate group and using the same brand name are<br />

grouped together.<br />

AIR ALLIANCE 13<br />

20 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


OPERATOR OVERVIEW<br />

TOP OPERATORS’ FLEET BY SIZE CATEGORY<br />

Corp. Airliner Long Range Large Medium Light Very Light<br />

0 20 40 60 80 100 120<br />

NETJETS EUROPE<br />

13 12<br />

39<br />

44<br />

VISTAJET<br />

37<br />

14<br />

13<br />

LUXAVIATION GROUP 1<br />

21<br />

15<br />

2<br />

16<br />

7<br />

AIR HAMBURG LUFTVERKEHRS<br />

2<br />

18<br />

2<br />

13<br />

AVCON JET<br />

10<br />

6 5 8 1<br />

PROAIR AVIATION 1 17<br />

7<br />

GESTAIR<br />

10<br />

6<br />

3<br />

4<br />

ASL GROUP 11 6 9 5<br />

TAG AVIATION 1 15 4 1<br />

GLOBEAIR<br />

20<br />

TOP OPERATORS’ FLEET BY OEM<br />

Airbus Boeing Bombardier Dassault Dornier Embraer Gulfstream Textron<br />

0 20 40 60 80 100 120<br />

NETJETS EUROPE<br />

26 12<br />

23<br />

47<br />

VISTAJET<br />

64<br />

LUXAVIATION GROUP 1<br />

12<br />

20 1<br />

5<br />

1<br />

22<br />

AIR HAMBURG LUFTVERKEHRS<br />

2<br />

23<br />

10<br />

AVCON JET<br />

PROAIR AVIATION 1 4<br />

12<br />

3 3 4 8<br />

20<br />

GESTAIR<br />

4<br />

5 1 7 6<br />

ASL GROUP<br />

3 1 3<br />

15<br />

TAG AVIATION<br />

1 10 3 7<br />

GLOBEAIR<br />

20<br />

In terms of size categories, the majority of top ten <strong>Europe</strong>an<br />

operators each had a mix of aircraft of at least four categories.<br />

The Light Jet Category was most popular with 111 aircraft among<br />

the top ten operators, and featured in seven of the top ten fleets.<br />

NetJets <strong>Europe</strong> was the largest operator of Light Jets with 44 in<br />

its fleet and 68% of ProAir Aviation’s fleet comprised Light Jets.<br />

The top ten <strong>Europe</strong>an operators had a total of 110 Long Range<br />

Jets at the end of <strong>2022</strong>, and this category also featured in almost<br />

all of the top ten fleets. VistaJet was the largest operator of Long<br />

Range Jets with a fleet of 37, which equated to 58% of its fleet.<br />

The almost equal popularity of both Light and Long Range jets<br />

among the largest operators further supports the fact that there is<br />

great potential in developing domestic and intra-<strong>Europe</strong> markets<br />

with Light Jets while new generation Long Range Jets allow<br />

operators to expand their long-haul reach to satisfy clients’ needs.<br />

The Large and Medium categories were operated by eight of the<br />

top ten, with ProAir and GlobeAir being the two operators without<br />

aircraft in either of these categories. Corporate Airliners were<br />

flown by just two of the top ten operators, while Very Light Jets<br />

featured among five of the top ten.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 21


AIRCRAFT REGRISTRY OVERVIEW<br />

MARKET UPDATES<br />

AIRCRAFT REGISTRY OVERVIEW<br />

Despite the increasing popularity of offshore registries for business jet owners and operators around the world,<br />

only 18% of the <strong>Europe</strong>an fleet was registered offshore at the end of <strong>2022</strong>. Some 1,753 out of 2,428 <strong>Europe</strong>based<br />

jets, or 72% of the fleet, were registered locally.<br />

NET FLEET GROWTH BY REGISTRY<br />

2,338<br />

2,394<br />

2,428<br />

GERMANY<br />

D-<br />

10+0+0 0+11+0 0+0+11 9+0+0 0+9+0 0+0+10 11+0+0 0+10+0 0+0+10 9+0+0 0+10+0 0+0+10 6+0+0 0+7+0 0+0+11 11+0+0 0+10+0 0+0+9 8+0+0 0+10+0 0+0+9 48+0+0 0+54+0 0+0+<br />

97+0+0 0+100+0 0+0+98 42+0+0 0+42+0 0+0+44 32+0+0 0+38+0 0+0+42 26+0+0 0+27+0 0+0+30 28+0+0 0+29+0 0+0+30 28+0+0 0+28+0 0+0+29 35+0+0 0+30+0 0+0+25 22+0+0 +17 0+23+0 0+0+22 15+0+0 0+14+0 0+0+13 26+0+0 0+24+0 0+0+21 13+0+0 0+13+0 0+0+13 16+0+0 0+16+0 0+0+17 17+0 0+17 0+0<br />

UNITED STATES<br />

N<br />

FRANCE<br />

F-<br />

UNITED KINGDOM<br />

G-<br />

ISLE OF MAN<br />

M-<br />

ITALY<br />

I-<br />

2020 1<br />

2021 1<br />

<strong>2022</strong><br />

194<br />

194<br />

203<br />

149<br />

175<br />

193<br />

120<br />

122<br />

139<br />

127<br />

132<br />

138<br />

131<br />

131<br />

134<br />

160<br />

137<br />

117<br />

100<br />

104<br />

100<br />

118<br />

112<br />

97<br />

74<br />

73<br />

76<br />

80<br />

80<br />

76<br />

69<br />

66<br />

62<br />

58<br />

62<br />

62<br />

NOTE:<br />

1. 2020 and 2021 data is based on JETNET LLC.<br />

22 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT<br />

AUSTRIA<br />

OE-<br />

MALTA<br />

9H-<br />

PORTUGAL<br />

CS-<br />

TURKEY<br />

TC-<br />

SWITZERLAND<br />

HB-<br />

SPAIN<br />

EC-<br />

CZECH REPUBLIC<br />

OK-<br />

BELGIUM<br />

OO-<br />

POLAND<br />

SP-<br />

DENMARK<br />

OY-<br />

NETHERLANDS<br />

PH-<br />

SAN MARINO<br />

T7-<br />

LUXEMBOURG<br />

LX-<br />

SWEDEN<br />

SE-<br />

OTHERS<br />

446<br />

458<br />

451<br />

45<br />

49<br />

49<br />

40<br />

41<br />

47<br />

52<br />

48<br />

46<br />

41<br />

44<br />

44<br />

29<br />

31<br />

49<br />

52<br />

48<br />

43<br />

36<br />

44<br />

40<br />

217<br />

243<br />

262<br />

Looking at the local <strong>Europe</strong>an registers, the German<br />

register (D-) is by far the most popular with 451 aircraft<br />

at the end of <strong>2022</strong>, a small decrease of just seven<br />

aircraft compared to the end of 2021. Some 94% of<br />

German registered business jets in <strong>Europe</strong> were based<br />

in Germany. The Austrian (OE-) register had 203 aircraft<br />

at the end of <strong>2022</strong>, up 5% year-on-year while six aircraft<br />

were added to the Portuguese (CS-) register during the<br />

year to reach 138. Conversely, the number of business<br />

jets on the United Kingdom (G-) reduced by some 27%<br />

since the end of 2020 to just 117 aircraft, driven by the<br />

effects of Brexit and associated changes in regulations<br />

on business jet operations for UK-registered jets in<br />

<strong>Europe</strong>. <strong>Fleet</strong> sizes of the remaining <strong>Europe</strong>an registers<br />

have remained fairly constant for the past three years.<br />

Germany had the largest business jet fleet in <strong>Europe</strong><br />

at the end of <strong>2022</strong> with a fleet of 481, with some 89%<br />

registered locally – one of the highest shares of local<br />

registrations among the top ten <strong>Europe</strong>an markets. The<br />

remaining fleet share was registered in the US, offshore<br />

and other jurisdictions with a fairly even split. A total of<br />

288 business jets were based in the United Kingdom at<br />

the end of <strong>2022</strong>, with just 37% registered under the UK<br />

G- registration. Apart from the post-Brexit market, the<br />

high proportion of Long Range and Large Jets meant<br />

offshore registrations would be more advantageous in<br />

terms of tax, while US registration would be beneficial<br />

when transacting these aircraft, and thus almost 40%<br />

of the UK fleet was registered offshore and 12% in the<br />

US. Some 60% of the 217-strong France-based fleet<br />

was registered locally, as were 84% of the Austriabased<br />

fleet of 174 jets. Both France and Austria had<br />

fleets which were focused on smaller sized jets, for<br />

which local registrations were more popular.


AIRCRAFT REGISTRY OVERVIEW<br />

REGISTRY COMPOSITION<br />

Local United States Offshore 1<br />

Others 2<br />

TOTAL<br />

FLEET<br />

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%<br />

GERMANY<br />

481<br />

89% 4%<br />

3%<br />

4%<br />

UNITED KINGDOM<br />

288<br />

37%<br />

12% 39%<br />

12%<br />

FRANCE<br />

217<br />

60%<br />

8% 14% 18%<br />

BASE COUNTRY/REGION<br />

AUSTRIA<br />

SWITZERLAND<br />

PORTUGAL<br />

TURKEY<br />

174<br />

152<br />

125<br />

117<br />

47%<br />

84%<br />

84%<br />

7%<br />

97%<br />

20%<br />

1% 10%<br />

26%<br />

2% 9%<br />

6%<br />

2%<br />

5%<br />

ITALY<br />

112<br />

67%<br />

7%<br />

17%<br />

9%<br />

SPAIN<br />

78<br />

76%<br />

3%<br />

8%<br />

14%<br />

BELGIUM<br />

65<br />

69% 5% 5%<br />

22%<br />

NOTE:<br />

1. Offshore Registrations include: Aruba, Bermuda, Cayman Islands, Guernsey, Isle of Man, Malta and San Marino.<br />

2. Others indicates any registration besides Local, US and Offshore.<br />

OFFSHORE REGISTRY<br />

OFFSHORE REGISTRY MARKET SHARE<br />

By Country/Region<br />

By Size Category<br />

Cayman Islands VP-C, 16 (4%)<br />

Aruba P4-, 11 (3%)<br />

Very Light 36 (8%)<br />

Corp. Airliner 22 (5%)<br />

Bermuda<br />

VP-B/VQ-B, 29 (7%)<br />

Guernsey 2-, 36 (8%)<br />

San Marino<br />

T7-, 49 (11%)<br />

Isle of Man<br />

M-, 97 (22%)<br />

431<br />

Malta 9H-, 193 (45%)<br />

Medium 61 (14%)<br />

Light 71 (17%)<br />

431<br />

Long Range 164 (38%)<br />

Large 77 (18%)<br />

Offshore registries offer numerous benefits to business jet<br />

owners and operators. The first is ease of flight operations<br />

– offshore registered aircraft are much less restricted when<br />

operating into certain countries or regions. This is not so relevant<br />

for most <strong>Europe</strong>an operators, especially when flying within the<br />

<strong>Europe</strong>an Union; although it does bring more convenience if<br />

flying to some overseas locations. The advantages of a flexible<br />

tax structure is perhaps most attractive reason for an offshore<br />

registry to be selected, which means that high end jets in the<br />

Large, Long Range and Corporate Airliner categories are most<br />

commonly registered offshore. Among all offshore registered jets<br />

in <strong>Europe</strong>, some 61% are in these three categories. In addition,<br />

the level of privacy offered by offshore registries is also preferred<br />

by owners.<br />

Malta has become an increasingly popular offshore registry. The<br />

number of Malta registered jets (9H-) increased by 30% since the<br />

end of 2020 and reached 193 by the end of <strong>2022</strong>. Malta has also<br />

become a preferred location as an operator base and company<br />

headquarters, led by fast expanding operators such as VistaJet.<br />

The clear advantage of a flexible tax structure is highlighted by the<br />

fact that the 67% of the <strong>Europe</strong>an business jets registered in Malta<br />

are in the Large, Long Range and Corporate Airliner categories.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 23


AIRCRAFT REGRISTRY OVERVIEW<br />

Other offshore registries available in <strong>Europe</strong> include the Isle<br />

of Man (M-), San Marino (T7-) and Guernsey (2-) which had<br />

a combined 182 <strong>Europe</strong>-based jets registered, or 42% of the<br />

offshore registered fleet in <strong>Europe</strong>. These registries have also<br />

proven popular with owners and operators outside of <strong>Europe</strong>,<br />

particularly in the Asia-Pacific region. For the <strong>Europe</strong>-based fleet,<br />

the number of San Marino registered jets has been on the rise<br />

since the end of 2020, with a significant 58% increase during<br />

<strong>2022</strong> to 49 aircraft. The number of Guernsey registered jets based<br />

in <strong>Europe</strong> increased by 50% year-on-year to 36 by the end of <strong>2022</strong>.<br />

On the other hand, the number of Isle of Man registered jets in<br />

<strong>Europe</strong> has decresed by almost 13% since the end of 2020.<br />

The traditionally popular offshore registries from Bermuda (VP-B<br />

and VQ-B), the Cayman Islands (VP-C) and Aruba (P4-) had minor<br />

presence in the offshore registered fleet in <strong>Europe</strong>. There were just<br />

56 <strong>Europe</strong>-based jets across these three registries at the end of<br />

<strong>2022</strong>, which has been quite consistent over the past three years.<br />

Some 38% of offshore registered business jets in <strong>Europe</strong> were<br />

in the Long Range category, 18% Large Jets and 5% Corporate<br />

Airliners. The smaller size categories took the minor shares in<br />

offshore registration, with the Very Light category taking an 8%<br />

share with just 36 jets.<br />

The United States (N) register is also popular in the <strong>Europe</strong>an<br />

fleet, with a 14% year-on-year increase since the end of 2021 to<br />

139 aircraft. N- registered aircraft have the advantage of ease of<br />

transaction compared to some local registers.<br />

OFFSHORE REGISTERED FLEET<br />

By Country/Region<br />

By Size Category<br />

362<br />

400<br />

431<br />

2020 1<br />

2021 1<br />

<strong>2022</strong><br />

Isle of Man<br />

M-<br />

Guernsey<br />

2-<br />

Bermuda<br />

VP-B/VQ-B<br />

Cayman Islands<br />

VP-C<br />

75+0+0 0+88+0 0+0+97 59+0+0 0+56+0 0+0+49 15+0+0 0+16+0 0+0+258+0+0 0+12+0 0+0+18 13+0+0 0+14+0 0+0+159+0+0 0+9+0 0+0+85+0+0<br />

0+6+0 0+0+6<br />

149 175193 118 112 97<br />

29 31 49 15 24 36 25 28 29<br />

17 18 16 9 12 11<br />

LONG RANGE =<br />

38% OF TOTAL OFF-<br />

SHORE REGISTERED<br />

AIRCRAFT<br />

Malta<br />

9H-<br />

San Marino<br />

T7-<br />

Aruba<br />

P4-<br />

75+0+0 0+88+0 0+0+96 46+0+0 0+47+0 0+0+45 41+0+0 0+40+0 0+0+42 25+0+0 0+30+0 0+0+36 15+0+0 0+15+0 0+0+21 11+0+0 0+15+0 0+0+13<br />

127 149164<br />

79 80 77 69 68 71<br />

43 51 61 26 26 36 18 26 22<br />

Long Range<br />

Large<br />

Light<br />

Medium<br />

Very Light<br />

Corp. Airliner<br />

NOTE:<br />

1. 2020 and 2021 data is based on JETNET LLC.<br />

24 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


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The 2023 <strong>Europe</strong>an <strong>Business</strong> Aviation<br />

Convention & Exhibition (EBACE2023), <strong>Europe</strong>’s<br />

premier on-demand aircraft and advanced air mobility event<br />

is taking off at the magnificent Palexpo in Geneva, Switzerland,<br />

and the Geneva International Airport from Tuesday, 23 May through<br />

Thursday, 25 May 2023.<br />

EBACE2023 is the place where you will experience, enhance and help shape<br />

the future of business aviation. You won’t want to miss it — make plans to attend!<br />

ebace.aero/2023<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 25


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<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 27


MARKET UPDATES<br />

OEM OVERVIEW<br />

AIRBUS<br />

NET GROWTH<br />

0 0%<br />

MOST POPULAR<br />

ACJ319<br />

LARGEST FLEET<br />

Germany<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

20<br />

NEW<br />

DELIVERY<br />

0<br />

NET<br />

PRE-OWNED<br />

0<br />

GERMANY<br />

100+75+75+75+50+50+25+25+25<br />

4<br />

3 3 3<br />

2 2<br />

1 1 1<br />

TURKEY<br />

SWITZERLAND<br />

UNITED KINGDOM<br />

SLOVAK REPUBLIC<br />

MALTA<br />

LUXEMBOURG<br />

FRANCE<br />

AUSTRIA<br />

TOTAL<br />

A320 1 1<br />

A340 1 1 2<br />

ACJ318 1 1 1 3<br />

ACJ319 3 1 2 2 1 1 10<br />

ACJ319neo 1 1 2<br />

ACJ320neo 1 1 2<br />

TOTAL 4 3 3 3 2 2 1 1 1 20<br />

Additions and Deductions<br />

-5<br />

Deductions +5 Pre-owned - New Deliveries<br />

BY COUNTRY/<br />

REGION<br />

Austria<br />

France<br />

Malta<br />

Portugal<br />

Switzerland<br />

-2<br />

-2<br />

-1<br />

1<br />

1<br />

3<br />

BY MODEL<br />

A310<br />

A340<br />

ACJ318<br />

ACJ319<br />

ACJ319neo<br />

ACJ320neo<br />

-3<br />

-1<br />

-1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

28 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


BOEING<br />

NET GROWTH<br />

4 12.5%<br />

MOST POPULAR<br />

BBJ1<br />

LARGEST FLEET<br />

United Kingdom<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

28<br />

NEW<br />

DELIVERY<br />

0 -4<br />

NET<br />

PRE-OWNED<br />

11<br />

100+27+18+18+18+18+9+9+9+9+9+9<br />

3 2 2 2<br />

2<br />

1 1 1 1 1 1<br />

UNITED KINGDOM<br />

MALTA<br />

SWITZERLAND<br />

LITHUANIA<br />

TURKEY<br />

GERMANY<br />

LUXEMBOURG<br />

SPAIN<br />

ROMANIA<br />

SLOVAK REPUBLIC<br />

AUSTRIA<br />

NETHERLANDS<br />

TOTAL<br />

BBJ 787-8 1 1<br />

BBJ 787-9 1 1<br />

BBJ1 5 1 1 1 1 1 1 11<br />

BBJ2 2 1 2 5<br />

BBJ3 1 1<br />

Boeing 727 1 1<br />

Boeing 737 1 1 1 1 4<br />

Boeing 747 1 1 2<br />

Boeing 757 1 1<br />

Boeing 767 1 1<br />

TOTAL 11 3 2 2 2 2 1 1 1 1 1 1 28<br />

Additions and Deductions<br />

-7<br />

Deductions +3 Pre-owned - New Deliveries<br />

BY COUNTRY/<br />

REGION<br />

Czech Republic<br />

Lithuania<br />

Malta<br />

Switzerland<br />

United Kingdom<br />

-1<br />

-1<br />

-3<br />

-2<br />

BY MODEL<br />

BBJ1 -5 1<br />

1 BBJ2<br />

BBJ3<br />

Boeing 747<br />

-1<br />

-1<br />

1<br />

1<br />

2<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 29


OEM OVERVIEW<br />

BOMBARDIER<br />

NET GROWTH<br />

4 0.7%<br />

MOST POPULAR<br />

Global 6000<br />

LARGEST FLEET<br />

Germany<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

NEW<br />

DELIVERY<br />

576 20 -16<br />

NET<br />

PRE-OWNED<br />

GERMANY<br />

100+97+73+55+41+32+25+19+17+13+12+12+11+10+45<br />

103<br />

100<br />

75<br />

57<br />

42<br />

33<br />

26 20 17 13 12 12 11 10<br />

45<br />

MALTA<br />

UNITED KINGDOM<br />

AUSTRIA<br />

TURKEY<br />

PORTUGAL<br />

SWITZERLAND<br />

FRANCE<br />

ITALY<br />

SPAIN<br />

POLAND<br />

GREECE<br />

SWEDEN<br />

LUXEMBOURG<br />

OTHERS<br />

TOTAL<br />

Challenger 300/350 11 23 4 13 3 13 1 2 1 5 1 3 5 85<br />

Challenger 600/601 3 1 1 1 1 7<br />

Challenger 604 15 2 9 4 3 1 2 1 2 1 4 44<br />

Challenger 605 3 9 7 2 7 1 1 1 1 6 38<br />

Challenger 650 2 2 3 1 5 3 16<br />

Challenger 800/850 2 10 2 1 15<br />

Challenger 870 1 1<br />

CRJ100/200 1 1 2<br />

Global 5000 2 8 14 6 4 2 1 3 1 1 3 6 51<br />

Global 5500 1 1 1 1 1 5<br />

Global 6000 6 26 13 7 4 10 8 4 3 3 2 2 2 90<br />

Global 6500 3 1 2 1 2 1 10<br />

Global 7500 5 16 3 6 1 2 3 1 1 38<br />

Global Express 4 1 5 1 4 1 1 2 19<br />

Global Express XRS 6 1 3 7 4 3 1 2 3 1 3 1 35<br />

Learjet 31 4 1 1 1 7<br />

Learjet 35/36 21 1 3 3 2 30<br />

Learjet 40 XR 1 2 1 4 1 3 12<br />

Learjet 45 XR 8 2 3 5 3 2 1 3 5 32<br />

Learjet 55 B/C 4 4<br />

Learjet 60 XR 10 1 2 3 1 3 1 1 22<br />

Learjet 70/75 4 3 3 3 13<br />

TOTAL 103 100 75 57 42 33 26 20 17 13 12 12 11 10 45 576<br />

30 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


Additions and Deductions<br />

-65<br />

Deductions +49 Pre-owned +20 New Deliveries<br />

BY COUNTRY/ Austria<br />

REGION<br />

Bulgaria<br />

Cyprus<br />

Denmark<br />

Estonia<br />

Finland<br />

France<br />

Germany<br />

Greece<br />

Ireland<br />

Italy<br />

Latvia<br />

Luxembourg<br />

Malta<br />

Netherlands<br />

Poland<br />

Portugal<br />

Spain<br />

Switzerland<br />

Turkey<br />

United Kingdom<br />

-7 6 2<br />

-1<br />

-1<br />

-1 2<br />

-1<br />

-1<br />

-2<br />

-14<br />

3 2<br />

-1 1<br />

1<br />

-1 1<br />

-1 2<br />

-3<br />

-5<br />

9<br />

11<br />

-1<br />

-1<br />

-2 2 2<br />

-1<br />

-3 3<br />

-5 4<br />

-13 15<br />

3<br />

BY MODEL<br />

Challenger 300/350<br />

Challenger 600/601<br />

Challenger 604<br />

Challenger 605<br />

Challenger 650<br />

Challenger 800/850<br />

Global 5000<br />

Global 5500<br />

Global 6000<br />

Global 6500<br />

Global 7500<br />

Global Express<br />

Global Express XRS<br />

Learjet 31<br />

Learjet 35/36<br />

Learjet 40 XR<br />

Learjet 45 XR<br />

Learjet 55 B/C<br />

Learjet 60 XR<br />

Learjet 70/75<br />

-8 9<br />

-2 2<br />

-4 5<br />

-5 4<br />

-1 1<br />

1<br />

-3 7<br />

1 1<br />

-6<br />

6<br />

-3 2 2<br />

-2 1<br />

-5 4<br />

-3 4<br />

-2<br />

-3<br />

-1<br />

-4 2<br />

-2<br />

-8<br />

-3<br />

14<br />

3<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 31


OEM OVERVIEW<br />

DASSAULT AVIATION<br />

NET GROWTH<br />

8 2.7%<br />

MOST POPULAR<br />

Falcon 7X<br />

LARGEST FLEET<br />

France<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

NEW<br />

DELIVERY<br />

289 6 -14<br />

NET<br />

PRE-OWNED<br />

47<br />

100+85+83+60+38+34+32+30+30+26+17+13+13+11+9+36<br />

40 39<br />

28<br />

18 16 15 14 14<br />

12<br />

8 6 6 5 4<br />

17<br />

FRANCE<br />

SWITZERLAND<br />

UNITED KINGDOM<br />

GERMANY<br />

ITALY<br />

TURKEY<br />

NETHERLANDS<br />

BELGIUM<br />

DENMARK<br />

PORTUGAL<br />

AUSTRIA<br />

MALTA<br />

LUXEMBOURG<br />

SPAIN<br />

GREECE<br />

OTHERS<br />

TOTAL<br />

Falcon 10 1 1<br />

Falcon 100 4 1 5<br />

Falcon 20 2 14 16<br />

Falcon 20 -5 1 1 1 1 4<br />

Falcon 200 1 1<br />

Falcon 2000 2 1 2 1 4 2 1 2 2 17<br />

Falcon 2000 EX 6 9 7 10 4 5 3 3 4 11 1 2 1 3 1 4 74<br />

Falcon 50 3 2 1 1 1 1 1 10<br />

Falcon 7X 12 14 9 8 3 4 5 4 5 2 1 2 6 75<br />

Falcon 8X 6 8 3 2 2 3 5 5 1 1 1 1 2 40<br />

Falcon 900 11 5 2 5 5 3 4 2 1 3 2 1 2 46<br />

TOTAL 47 40 39 28 18 16 15 14 14 12 8 6 6 5 4 17 289<br />

Additions and Deductions<br />

-32<br />

Deductions +18 Pre-owned +6 New Deliveries<br />

BY COUNTRY/<br />

REGION<br />

Austria<br />

Belgium<br />

Denmark<br />

France<br />

Germany<br />

Greece<br />

Italy<br />

Malta<br />

Netherlands<br />

Portugal<br />

Spain<br />

Switzerland<br />

Turkey<br />

United Kingdom<br />

-1<br />

-2<br />

-2<br />

-4<br />

-2<br />

-3<br />

-1<br />

-1<br />

-2<br />

-6<br />

-8<br />

1<br />

4<br />

2<br />

1<br />

2<br />

2<br />

2 1<br />

2 1<br />

4<br />

1<br />

1<br />

BY MODEL<br />

Falcon 100<br />

Falcon 20 -5<br />

Falcon 2000<br />

Falcon 2000 EX<br />

Falcon 50<br />

Falcon 7X<br />

Falcon 8X<br />

Falcon 900<br />

-6<br />

-5<br />

-7<br />

-12<br />

-1<br />

-1<br />

1<br />

3<br />

2<br />

2<br />

1<br />

3<br />

2<br />

6<br />

4<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

32 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


OEM OVERVIEW<br />

EMBRAER<br />

NET GROWTH<br />

8 3.3%<br />

MOST POPULAR<br />

Phenom 300<br />

LARGEST FLEET<br />

Germany<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

254<br />

NEW<br />

DELIVERY<br />

17 -9<br />

NET<br />

PRE-OWNED<br />

GERMANY<br />

100+39+38+32+20+18+17+12+11+8+5+5+4+4+4+17<br />

76<br />

30 29<br />

24<br />

15 14 13 9 8 6 4 3 3 3 3<br />

13<br />

UNITED KINGDOM<br />

FRANCE<br />

PORTUGAL<br />

MALTA<br />

AUSTRIA<br />

SWITZERLAND<br />

CZECH REPUBLIC<br />

POLAND<br />

LATVIA<br />

FINLAND<br />

TURKEY<br />

ROMANIA<br />

BELGIUM<br />

BULGARIA<br />

OTHERS<br />

TOTAL<br />

Legacy 450 1 1<br />

Legacy 500 4 6 1 1 2 1 1 16<br />

Legacy 600 5 1 4 3 4 3 3 3 3 2 1 3 35<br />

Legacy 650 16 3 3 1 2 1 1 3 2 4 36<br />

Lineage 1000 3 3<br />

Lineage 1000E 1 1 2<br />

Phenom 100 12 2 9 2 3 1 2 1 2 1 1 1 4 41<br />

Phenom 300 20 6 7 20 1 1 6 1 2 1 1 66<br />

Phenom 300E 13 5 3 3 2 2 2 1 1 2 1 35<br />

Praetor 600 5 7 2 2 2 1 19<br />

TOTAL 76 30 29 24 15 14 13 9 8 6 4 4 3 3 3 13 254<br />

Additions and Deductions<br />

-25<br />

Deductions +16 Pre-owned +17 New Deliveries<br />

BY COUNTRY/<br />

REGION<br />

Austria<br />

Belgium<br />

Czech Republic<br />

Estonia<br />

Finland<br />

France<br />

Germany<br />

Greece<br />

Latvia<br />

Luxembourg<br />

Malta<br />

Poland<br />

Portugal<br />

Romania<br />

Spain<br />

Switzerland<br />

Turkey<br />

United Kingdom<br />

-7<br />

-1<br />

-1<br />

-1<br />

-2<br />

-4<br />

-2<br />

-1<br />

-4<br />

-2<br />

2<br />

1<br />

1<br />

3<br />

2<br />

3<br />

1<br />

2 1<br />

1<br />

3<br />

1<br />

1<br />

1 1<br />

1<br />

2<br />

6<br />

BY MODEL<br />

Legacy 450<br />

Legacy 500<br />

Legacy 600<br />

Legacy 650<br />

Lineage 1000E<br />

Phenom 100<br />

Phenom 300<br />

Phenom 300E<br />

Praetor 600<br />

-10<br />

-6<br />

-1<br />

-2<br />

-2<br />

-1<br />

-3<br />

1<br />

4<br />

4<br />

1<br />

1 1<br />

2<br />

2<br />

1<br />

3<br />

7<br />

6<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 33


OEM OVERVIEW<br />

GULFSTREAM<br />

NET GROWTH<br />

16 9.1%<br />

MOST POPULAR<br />

G550<br />

LARGEST FLEET<br />

United Kingdom<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

192<br />

NEW<br />

DELIVERY<br />

12 4<br />

NET<br />

PRE-OWNED<br />

44<br />

100+50+36+36+30+27+20+18+18+16+14+14+11+9+9+27<br />

22<br />

16 16<br />

13 12 9 8 8 7 6 6 5 4 4<br />

12<br />

UNITED KINGDOM<br />

AUSTRIA<br />

TURKEY<br />

ITALY<br />

SWITZERLAND<br />

SPAIN<br />

GERMANY<br />

POLAND<br />

MALTA<br />

CZECH REPUBLIC<br />

IRELAND<br />

FRANCE<br />

SWEDEN<br />

FINLAND<br />

GREECE<br />

OTHERS<br />

TOTAL<br />

G II/IIB 1 1 2<br />

G IV/GIV-SP/G400 2 1 1 4<br />

G100/G150 4 1 1 1 1 8<br />

G200 1 1 5 1 1 1 3 13<br />

G280 3 1 1 2 1 1 3 12<br />

G450 3 4 7 2 1 2 1 1 1 22<br />

G500 1 3 1 1 2 2 1 1 1 1 1 15<br />

G550 13 5 5 7 3 1 3 1 3 3 2 1 3 1 51<br />

G600 6 1 1 2 1 1 12<br />

G650 5 3 1 2 2 5 1 1 2 2 2 1 27<br />

G650ER 8 1 2 3 1 1 2 1 1 1 21<br />

GV/GV-SP 2 1 2 5<br />

TOTAL 44 22 16 16 13 12 9 8 8 7 6 6 5 4 4 12 192<br />

Additions and Deductions<br />

-24<br />

Deductions +28 Pre-owned +12 New Deliveries<br />

BY COUNTRY/<br />

REGION<br />

Austria<br />

Bulgaria<br />

Cyprus<br />

Czech Republic<br />

Denmark<br />

Estonia<br />

Finland<br />

Germany<br />

Greece<br />

Italy<br />

Malta<br />

Poland<br />

Romania<br />

Spain<br />

Sweden<br />

Switzerland<br />

Turkey<br />

United Kingdom<br />

-4 5<br />

1 1<br />

-2<br />

-1 1<br />

-1<br />

-1<br />

1<br />

-1 2<br />

-1 1<br />

-1 2<br />

-1 2<br />

1 1<br />

1<br />

-1<br />

1<br />

-4 2<br />

-1 4<br />

-5<br />

7<br />

4<br />

3<br />

BY MODEL<br />

G IV/GIV-SP/G400<br />

G100/G150<br />

G200<br />

G280<br />

G450<br />

G500<br />

G550<br />

G600<br />

G650<br />

G650ER<br />

GV/GV-SP<br />

-1 1<br />

-3<br />

-4 4<br />

-2 1<br />

-1 5<br />

-2 2 2<br />

-4<br />

6<br />

-1 2<br />

-4 2<br />

-2 3 1<br />

2<br />

7<br />

2<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

34 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


OEM OVERVIEW<br />

TEXTRON<br />

NET GROWTH<br />

24 2.5%<br />

MOST POPULAR<br />

Citation 560XL<br />

(Excel/XLS/XLS+)<br />

LARGEST FLEET<br />

Germany<br />

<strong>2022</strong><br />

TOTAL<br />

FLEET<br />

NEW<br />

DELIVERY<br />

929 23 -47<br />

NET<br />

PRE-OWNED<br />

228<br />

100+46+34+28+24+23+19+19+15+14+13+9+8+7+7+7+5+28<br />

105<br />

78 64 55 53<br />

64<br />

43 43 34 33 29 20 19 17 16 16 12<br />

GERMANY<br />

FRANCE<br />

UNITED KINGDOM<br />

AUSTRIA<br />

PORTUGAL<br />

ITALY<br />

SPAIN<br />

SWITZERLAND<br />

CZECH REPUBLIC<br />

TURKEY<br />

BELGIUM<br />

DENMARK<br />

HUNGARY<br />

NETHERLANDS<br />

SWEDEN<br />

POLAND<br />

SLOVAK REPUBLIC<br />

OTHERS<br />

TOTAL<br />

Citation 500/501(I/ISP) 4 4 1 3 1 7 2 2 2 3 2 2 2 1 1 37<br />

Citation 510(Mustang) 13 26 11 6 1 5 6 10 5 2 8 3 96<br />

Citation 525(M2/CJ1/+) 50 23 12 7 7 8 7 1 4 1 1 2 2 2 1 6 134<br />

Citation 525A(CJ2/CJ2+) 45 12 7 8 1 1 1 7 2 1 3 2 1 10 101<br />

Citation 525B(CJ3/CJ3+) 14 6 2 7 4 1 2 2 3 2 1 2 2 1 1 50<br />

Citation 525C(CJ4) 16 5 7 7 2 2 3 1 4 1 1 49<br />

Citation 550(II/IISP/SII/Bravo) 9 9 7 4 1 5 9 2 2 2 2 2 1 1 6 62<br />

Citation 560(Encore/+) 3 1 2 1 7<br />

Citation 560(V/Ultra) 3 1 2 6<br />

Citation 560XL(Excel/XLS/XLS+) 38 4 11 14 18 2 5 2 9 7 4 1 2 4 3 4 11 139<br />

Citation 650(III/VI/VII) 1 2 1 1 1 1 3 8 1 1 1 21<br />

Citation 680(Sovereign/+) 8 2 1 2 1 2 4 3 3 2 1 29<br />

Citation 680A(Latitude) 5 3 1 2 25 2 3 2 1 44<br />

Citation 700(Longitude) 1 1<br />

Citation 750(X/X+) 5 1 2 1 1 2 12<br />

Hawker 1000 3 1 2 6<br />

Hawker 400 5 10 3 5 1 5 6 2 37<br />

Hawker 4000 1 4 5<br />

Hawker 700/750 1 2 1 2 1 1 7 15<br />

Hawker 800/XP 1 3 4 1 2 5 2 1 1 1 6 27<br />

Hawker 850XP 2 1 1 2 6<br />

Hawker 900XP 5 1 1 2 2 2 2 15<br />

Premier I/IA 16 1 3 1 1 2 1 2 2 1 30<br />

TOTAL 228 105 78 64 55 53 43 43 34 33 29 20 19 17 16 16 12 64 929<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 35


Additions and Deductions<br />

-92<br />

Deductions +45 Pre-owned +23 New Deliveries<br />

BY COUNTRY/ Austria<br />

REGION<br />

Belgium<br />

Bulgaria<br />

Croatia<br />

Cyprus<br />

Czech Republic<br />

Denmark<br />

France<br />

Germany<br />

Ireland<br />

Italy<br />

Latvia<br />

Lithuania<br />

Luxembourg<br />

Malta<br />

Netherlands<br />

Poland<br />

Portugal<br />

Slovak Republic<br />

Spain<br />

Sweden<br />

Switzerland<br />

Turkey<br />

United Kingdom<br />

-1 1<br />

NOTE: Excludes movements between countries in <strong>Europe</strong><br />

-18<br />

-13<br />

-14<br />

-6<br />

-5<br />

-6<br />

-4<br />

-3<br />

-2<br />

-3<br />

-3<br />

-3<br />

-2<br />

-2<br />

-2<br />

-1<br />

-1<br />

1<br />

1<br />

1<br />

1<br />

2<br />

2<br />

2<br />

-1 1<br />

-1 1<br />

2<br />

-1 1<br />

1<br />

3<br />

3<br />

3<br />

2<br />

4<br />

2<br />

6<br />

3<br />

1<br />

1<br />

3<br />

10<br />

6<br />

2<br />

2<br />

BY MODEL Citation 500/501(I/ISP)<br />

Citation 510(Mustang)<br />

Citation 525(M2/CJ1/+)<br />

Citation 525A(CJ2/CJ2+)<br />

Citation 525B(CJ3/CJ3+)<br />

Citation 525C(CJ4)<br />

Citation 550(II/IISP/SII/Bravo)<br />

Citation 560(V/Ultra)<br />

Citation 560XL(Excel/XLS/XLS+)<br />

Citation 650(III/VI/VII)<br />

Citation 680(Sovereign/+)<br />

Citation 680A(Latitude)<br />

Citation 700(Longitude)<br />

Citation 750(X/X+)<br />

Hawker 1000<br />

Hawker 125-1<br />

Hawker 400<br />

Hawker 4000<br />

Hawker 700/750<br />

Hawker 800/XP<br />

Hawker 850XP<br />

Hawker 900XP<br />

Premier I/IA<br />

-1 1<br />

-6<br />

4<br />

-20<br />

6<br />

-8<br />

7<br />

-3 2 2<br />

-1 3<br />

-12<br />

3<br />

-2<br />

-14<br />

3<br />

-2 1<br />

-4<br />

-2 1<br />

1<br />

-1<br />

2<br />

-1<br />

-2<br />

1<br />

6<br />

-4 1<br />

-2<br />

-1<br />

-6<br />

2<br />

2<br />

4<br />

8<br />

5<br />

3<br />

36 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


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<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 37


SUPPORTING<br />

MODERN TIME<br />

MACHINES<br />

<strong>Business</strong> jets are often described by owners as today’s time machines.<br />

Time is often at a premium for the influential customers that use the aircraft,<br />

so availability and reliability is essential.<br />

38 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


SPONSORED CONTENT<br />

With more than 3,600 Rolls-Royce powered business jets in service<br />

worldwide, the company is the leading engine supplier in business<br />

aviation. Its top priority is to provide an extraordinary level of<br />

service that exceeds their customers’ expectations.<br />

technicians, who rank among the best in their profession, travel to<br />

the respective aircraft to perform special and complex maintenance<br />

tasks, often to rescue customers from an aircraft-on-ground<br />

situation and ensure clients make their next planned flight.<br />

More than half of Rolls-Royce’s <strong>Business</strong> Aviation clients have<br />

a fleet of one aircraft, which means they typically do not have a<br />

comprehensive department to perform maintenance on the engines<br />

themselves.<br />

“One key differentiator for Rolls-Royce is that we have a separate<br />

and dedicated <strong>Business</strong> Aviation unit,” says Megha Bhatia, VP Sales<br />

& Marketing, <strong>Business</strong> Aviation. “This unit includes its own services<br />

organization - purposely set up to assist the distinct needs of our<br />

clients, which differ from those in commercial aviation.”<br />

It goes without saying that all the moving parts within this services<br />

organization – from the <strong>Business</strong> Aviation Availability Centre,<br />

logistics and spare parts to On-Wing services - must work like a<br />

perfectly tuned machine.<br />

Rolls-Royce’s <strong>Business</strong> Aviation Availability Centre looks after over<br />

8,000 engines in service worldwide, and it operates 24 hours a day<br />

7 days a week. All Engine Health Monitoring data is assessed at<br />

the Availability Centre and from here the company deploys teams<br />

of service engineers, logistics specialists, fleet and maintenance<br />

planners and operations specialists to ensure the smooth operation<br />

of the worldwide fleet. In the rare case where an issue with the<br />

engine prevents the customer from flying, these experts aim to<br />

solve a routine issue anywhere in the world in under 24 hours.<br />

While there is no problem for predictable, routine tasks, which can<br />

be managed at any of our 75 Authorized Service Centers globally,<br />

it gets more challenging if a customer needs help in a remote<br />

location. Fortunately, Rolls-Royce created the On-Wing Services<br />

team to resolve such problems for their unique cliental. These<br />

The On-Wing Services team, which forms the spearhead of the<br />

organization for quick responses and special missions, is a vital<br />

part of Rolls Royce’s dedicated global service network. The team is<br />

composed of 65 highly qualified technicians, which are strategically<br />

placed around the globe This ensures faster response times and<br />

minimizes AOG downtime wherever our customers are in the world.<br />

Top priority is to provide an<br />

extraordinary level of service<br />

that exceeds their customers’<br />

expectations.”<br />

And with Rolls-Royce’s pioneering CorporateCare Enhanced service<br />

programme these activities are already covered at no additional cost.<br />

The programme offers substantial financial and operational value to<br />

customers, such as increased asset value and liquidity, mitigating<br />

maintenance cost risk and protection against unforeseen costs<br />

and unscheduled events anywhere in the world. Increased aircraft<br />

availability, reduced management burden, full risk transfer, direct<br />

priority access to the Rolls-Royce services infrastructure and remote<br />

site assistance are further benefits for the customers.<br />

“This outstanding service is recognized by Rolls-Royce customers<br />

all over the world. We are really proud of having been ranked<br />

number one in AIN’s Product Support Surveys for two consecutive<br />

years now. This is really important for us, as the feedback comes<br />

directly from our customers. We want to ensure we’re continually<br />

striving to better our customers’ experience and exceeding their<br />

expectations” Megha adds.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 39


MARKET UPDATES<br />

ENGINE OVERVIEW<br />

At the end of <strong>2022</strong>, there were 4,949 engines installed on 2,428 business jets in the <strong>Europe</strong>an fleet, which was a<br />

0.4% increase over the 4,927 engines at end of 2021.<br />

While the <strong>Europe</strong>an fleet size was up by 1.4% year-on-year, the<br />

number of installed engines only increased by 0.4%. This was<br />

mainly accounted for by the movements of tri-jets (Dassault<br />

Falcon series), with just four new deliveries and 24 aircraft<br />

leaving the <strong>Europe</strong> fleet.<br />

Pratt & Whitney maintained its position as the dominant business<br />

Jet OEM in <strong>Europe</strong> with a 0.6% net increase in the number of<br />

installed engines to 1,928, which equated to a market share of<br />

39%. Some 11 engine families from Pratt & Whitney powered more<br />

than 30 aircraft models across the majority of size categories.<br />

Some 40% of Pratt & Whitney engines were installed on Light Jets,<br />

21% on Long Range Jets and 16% on Very Light Jets.<br />

There were 879 Williams International engines installed across<br />

eight aircraft models in the <strong>Europe</strong> fleet, with a year-on-year net<br />

increase of 21 engines. The Williams International FJ44 powered<br />

fleet comprised Very Light and Light jets including 235 Citation<br />

525/525A jets and the increasing popular PC-24, of which<br />

56 were in service at the end of <strong>2022</strong>. Some 61% of installed<br />

Williams International engines powered Light Jets. The FJ33<br />

engine powered the single-engine Vision SF50, of which 19 were<br />

in operation in <strong>Europe</strong> at the end of <strong>2022</strong>.<br />

Rolls-Royce had a 17% engine market share in <strong>Europe</strong>, with its<br />

836 installed engines focused on the Large and Long Range<br />

categories, including the majority of Bombardier and Gulfstream<br />

jets in these categories, as well as the Legacy 600/650. More<br />

than three-quarters of the 836 engines were installed on Long<br />

Range Jets. The number of engines installed increased by 26<br />

during <strong>2022</strong>.<br />

Some 780 Honeywell engines were installed on 23 aircraft<br />

models in <strong>Europe</strong> at the end of <strong>2022</strong>, with a focus on the Medium<br />

category. However, there was a year-on-year decrease of 69<br />

engines. This was driven by older jets powered by the TFE731<br />

engine leaving <strong>Europe</strong> or being retired, including early build<br />

Falcons, Citations and Learjets. There were 230 of the newer<br />

HTF7000 engines installed on the Challenger 300/350, Legacy<br />

450/500, Gulfstream G280 and Citation Longitude.<br />

General Electric saw an almost 10% increase in the number of<br />

its installed engines during <strong>2022</strong>. The 410 installed engines on<br />

the <strong>Europe</strong> fleet powered 17 aircraft models from Light Jets<br />

to Corporate Airliners. The year-on-year increase was mainly<br />

accounted for by new deliveries of the Passport-powered Global<br />

7500 Long Range Jets, of which 38 are now in service in <strong>Europe</strong>.<br />

However, the largest size category for General Electric in <strong>Europe</strong><br />

is the Medium category.<br />

CFM International’s installed engine share, which comprised<br />

solely of Corporate Airliners, decreased slightly as a number of<br />

BBJs left the <strong>Europe</strong>an market in <strong>2022</strong>.<br />

GE 410 (8%)<br />

Honeywell 780 (16%)<br />

Rolls-Royce 836 (17%)<br />

4,949<br />

CFM 78 (2%)<br />

CFE 34 (1%)<br />

Lycoming 4 (


ENGINE OVERVIEW<br />

TOTAL ENGINE GROWTH<br />

0+0+96 0+96+0 95+0+00+0+44 0+43+0 41+0+00+0+42 0+41+0 39+0+00+0+39 0+42+0 44+0+00+0+21 0+19+0 16+0+00+0+4 0+4+0 4+0+00+0+2 0+2+0 2+0+00+0+1<br />

0+1+0 0+0+0<br />

1,899 1,914 1,928<br />

Pratt & Whitney<br />

811 858 879<br />

Williams<br />

788 810 836 885 849 780<br />

322 374 410 80 86 78 40 32 34<br />

0 4 4<br />

Rolls-Royce Honeywell GE CFM CFE<br />

Lycoming<br />

4,825<br />

4,927<br />

4,949<br />

2020 1<br />

2021 1<br />

<strong>2022</strong><br />

ENGINE BY SIZE CATEGORY<br />

Pratt & Whitney<br />

Williams<br />

Rolls-Royce<br />

Honeywell<br />

GE<br />

CFM<br />

CFE<br />

Lycoming<br />

0 500 1,000<br />

Very Light Light Medium Large Long Range Corp. Airliner<br />

1,500<br />

2,000<br />

NOTE:<br />

1. 2020 and 2021 data is based on JETNET LLC.<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 41


CFM<br />

2 1 3<br />

RANKING<br />

No.6<br />

NET GROWTH<br />

8 9.3%<br />

MOST POPULAR<br />

CFM56<br />

LARGEST FLEET<br />

United Kingdom<br />

UNITED KINGDOM<br />

100+42+33+33+25+25+17+17+8+8+8+8<br />

24<br />

10<br />

8 8<br />

6 6<br />

4 4<br />

2 2 2 2<br />

GERMANY<br />

SWITZERLAND<br />

MALTA<br />

SLOVAK REPUBLIC<br />

TURKEY<br />

AUSTRIA<br />

LITHUANIA<br />

FRANCE<br />

NETHERLANDS<br />

LUXEMBOURG<br />

ROMANIA<br />

TOTAL<br />

CFM56 22 10 8 6 6 6 4 4 2 2 2 2 74<br />

LEAP 2 2 4<br />

TOTAL 24 10 8 8 6 6 4 4 2 2 2 2 78<br />

Engine Installed in Top Aircraft Models<br />

MODEL<br />

CFM56<br />

LEAP<br />

BBJ<br />

22<br />

ACJ319<br />

20<br />

BBJ2<br />

10<br />

Boeing 737<br />

8<br />

ACJ318<br />

6<br />

A340<br />

4<br />

ACJ320neo<br />

4<br />

A320<br />

2<br />

BBJ3<br />

2<br />

TOTAL<br />

74<br />

4<br />

Engine Family Growth Trend<br />

93+0+0 0+100+0 0+0+905+0+0<br />

0+5+0 0+0+5<br />

76<br />

82<br />

CFM56<br />

74<br />

4 4 4<br />

LEAP<br />

2020<br />

2021<br />

<strong>2022</strong><br />

42 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


GE<br />

2 1 3<br />

RANKING<br />

No.5<br />

NET GROWTH<br />

36 9.6%<br />

MOST POPULAR<br />

CF34<br />

LARGEST FLEET<br />

Malta<br />

84<br />

100+79+62+41+41+36+31+10+10+8+8+8+8+38<br />

78<br />

62<br />

32 32 28 24<br />

30<br />

8 8 6 6 6 6<br />

MALTA<br />

UNITED KINGDOM<br />

GERMANY<br />

TURKEY<br />

AUSTRIA<br />

FRANCE<br />

SWITZERLAND<br />

SPAIN<br />

ITALY<br />

NETHERLANDS<br />

GREECE<br />

POLAND<br />

DENMARK<br />

OTHERS<br />

TOTAL<br />

CF34 52 42 46 28 18 2 18 6 2 4 6 6 26 256<br />

CF700 28 2 6 2 38<br />

Genx 4 2 2 8<br />

HF120 2 4 2 14 2 2 6 32<br />

Passport 32 6 10 12 6 4 2 4 76<br />

TOTAL 84 78 62 32 32 28 24 8 8 6 6 6 6 30 410<br />

Engine Installed in Top Aircraft Models<br />

MODEL CF34 PASSPORT CF700 HF120<br />

Challenger 604 88<br />

Global 7500 76<br />

Challenger 605 76<br />

Falcon 20 32<br />

Challenger 650 32<br />

Challenger 800/850 30<br />

HondaJet 26<br />

Challenger 600/601 14<br />

HondaJet ELITE 6<br />

Falcon 20 -5 6<br />

TOTAL 240 76 38 32<br />

Engine Family Growth Trend<br />

98+0+0 0+99+0 0+0+100 5+0+0 0+20+0 0+0+30 14+0+0 0+13+0 0+0+15 9+0+0 0+12+0 0+0+13 0+0+0 0+3+0 0+0+3<br />

250 254 256 14<br />

76<br />

50<br />

36 32 38<br />

22 30 32<br />

0 8 8<br />

CF34 Passport CF700 HF120 Genx<br />

2020<br />

2021<br />

<strong>2022</strong><br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 43


HONEYWELL<br />

2 1 3<br />

RANKING<br />

No.4<br />

NET GROWTH<br />

69 8.1%<br />

MOST POPULAR<br />

TFE731<br />

LARGEST FLEET<br />

Germany<br />

GERMANY<br />

FRANCE<br />

UNITED KINGDOM<br />

MALTA<br />

AUSTRIA<br />

ITALY<br />

PORTUGAL<br />

TURKEY<br />

SWITZERLAND<br />

SWEDEN<br />

POLAND<br />

HUNGARY<br />

BELGIUM<br />

NETHERLANDS<br />

GREECE<br />

IRELAND<br />

100+63+54+48+46+41+38+36+22+19+18+17+16+16+15+11+65<br />

125<br />

79<br />

68<br />

60 57 51 47 45<br />

27 24 22 21 20 20 19 14<br />

81<br />

OTHERS<br />

TOTAL<br />

ATF3 2 2<br />

HTF7000 30 8 26 50 26 4 28 6 4 8 14 8 4 2 2 10 230<br />

TFE731 95 71 42 10 31 47 19 39 23 16 8 21 12 16 15 12 71 548<br />

TOTAL 125 79 68 60 57 51 47 45 27 24 22 21 20 20 19 14 81 780<br />

Engine Installed in Top Aircraft Models<br />

MODEL TFE731 HTF7000<br />

Challenger 300/350 170<br />

Falcon 900 138<br />

Learjet 45 XR 64<br />

Learjet 35/36 60<br />

Hawker 800/XP 54<br />

Citation 650(III/VI/VII) 42<br />

Legacy 500 32<br />

Hawker 900XP 30<br />

Hawker 700/750 30<br />

G280 24<br />

TOTAL 418 226<br />

Engine Family Growth Trend<br />

0+0+81 0+94+0 100+0+0 0+0+36 0+34+0 33+0+0 0+0+1 0+1+0 1+0+0 0+0+0 0+2+0<br />

659 617<br />

548<br />

224 226 230<br />

2020<br />

2021<br />

<strong>2022</strong><br />

2 2 2 0 4 0<br />

TFE731 HTF7000<br />

ATF3 LF507<br />

44 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


PRATT & WHITNEY<br />

2 1 3<br />

RANKING<br />

No.1<br />

NET GROWTH<br />

14 0.7%<br />

MOST POPULAR<br />

PW300<br />

LARGEST FLEET<br />

Germany<br />

360<br />

100+58+51+44+42+31+26+22+20+19+19+18+15+11+9+8+7+36<br />

208<br />

185<br />

160 150<br />

111 93 80 72 70 67 63 54 38 32 29 25<br />

131<br />

GERMANY<br />

FRANCE<br />

UNITED KINGDOM<br />

PORTUGAL<br />

SWITZERLAND<br />

AUSTRIA<br />

ITALY<br />

TURKEY<br />

SPAIN<br />

DENMARK<br />

BELGIUM<br />

CZECH REPUBLIC<br />

NETHERLANDS<br />

POLAND<br />

MALTA<br />

SWEDEN<br />

HUNGARY<br />

OTHERS<br />

TOTAL<br />

JT12A 2 2<br />

JT15D 36 26 28 4 8 18 44 16 28 12 2 10 10 16 4 12 14 20 308<br />

JT8D 3 3<br />

PW1000G 2 2 4<br />

PW300 104 80 60 72 96 23 23 44 22 52 39 13 34 10 12 9 3 47 743<br />

PW4062 4 2 6<br />

PW500 148 28 44 82 20 36 8 14 10 2 8 24 8 6 10 6 4 36 494<br />

PW600 62 70 32 2 22 26 16 4 12 2 18 14 2 2 4 4 22 314<br />

PW800 8 4 14 2 8 2 2 2 2 4 2 4 54<br />

TOTAL 360 208 185 160 150 111 93 80 72 70 67 63 54 38 32 29 25 131 1928<br />

Engine Installed in Top Aircraft Models<br />

MODEL PW300 PW500 PW600 JT15D<br />

Citation 560XL(Excel/XLS/XLS+) 278<br />

Falcon 7X 225<br />

Citation 510(Mustang) 192<br />

Falcon 2000 EX 148<br />

Phenom 300 132<br />

Citation 550(II/IISP/SII/Bravo) 124<br />

Falcon 8X 120<br />

Citation 680A(Latitude) 88<br />

Phenom 100 82<br />

Citation 500/501(I/ISP) 74<br />

TOTAL 581 410 274 198<br />

Engine Family Growth Trend<br />

2020<br />

2021<br />

<strong>2022</strong><br />

98+0+0 0+99+0 0+0+100 65+0+0 0+66+0 0+0+66 41+0+0 0+40+0 0+0+42 47+0+0 0+45+0 0+0+413+0+0 0+5+0 0+0+71+0+0<br />

0+1+0 0+0+2<br />

729 739 743<br />

488494494<br />

352<br />

302 300 314 336 308<br />

24 34 54 4 11 15<br />

PW300 PW500 PW600 JT15D PW800 Others<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 45


ROLLS-ROYCE<br />

2 1 3<br />

RANKING<br />

No.3<br />

NET GROWTH<br />

26 3.2%<br />

MOST POPULAR<br />

BR700<br />

LARGEST FLEET<br />

United Kingdom<br />

150<br />

100+64+59+55+51+37+28+27+23+19+15+11+11+9+9+9+32<br />

96 88 82 76<br />

56<br />

42 40 34 28 22<br />

16 16 14 14 14<br />

48<br />

UNITED KINGDOM<br />

MALTA<br />

GERMANY<br />

AUSTRIA<br />

TURKEY<br />

SWITZERLAND<br />

ITALY<br />

FRANCE<br />

SPAIN<br />

PORTUGAL<br />

CZECH REPUBLIC<br />

GREECE<br />

LATVIA<br />

SWEDEN<br />

IRELAND<br />

LUXEMBOURG<br />

OTHERS<br />

TOTAL<br />

AE3007 8 8 42 12 8 8 2 14 2 8 2 12 2 14 142<br />

BR700 132 82 44 62 48 46 36 24 30 28 14 14 4 12 14 12 26 628<br />

RB211 2 4 6<br />

Spey 2 2 4<br />

Tay 10 4 2 8 16 2 4 2 8 56<br />

TOTAL 150 96 88 82 76 56 42 40 34 28 22 16 16 14 14 14 48 836<br />

Engine Installed in Top Aircraft Models<br />

MODEL BR700 AE3007 TAY<br />

Global 6000 180<br />

G550 102<br />

Global 5000 102<br />

Legacy 650 72<br />

Global Express XRS 70<br />

Legacy 600 70<br />

G650 54<br />

G450 44<br />

G650ER 42<br />

Global Express 38<br />

TOTAL 588 142 44<br />

Engine Family Growth Trend<br />

92+0+0 0+96+0 0+0+100 24+0+0 0+24+0 0+0+239+0+0 0+8+0 0+0+100+0+0 0+1+0 0+0+11+0+<br />

0+1<br />

580 602628 150 150 142<br />

BR700<br />

AE3007<br />

54 48 56 0 6 6 4 4 4<br />

Tay<br />

RB211<br />

Spey<br />

2020<br />

2021<br />

<strong>2022</strong><br />

46 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT


WILLIAMS<br />

2 1 3<br />

RANKING<br />

No.2<br />

NET GROWTH<br />

21 2.4%<br />

MOST POPULAR<br />

FJ44<br />

LARGEST FLEET<br />

Germany<br />

314<br />

100+31+20+20+20+14+11+10+9+7+7+6+4+4+3+14<br />

96<br />

64 62 62 44 34 31 27 22 22 19 14 14 10<br />

44<br />

GERMANY<br />

FRANCE<br />

UNITED KINGDOM<br />

AUSTRIA<br />

SWITZERLAND<br />

BELGIUM<br />

CZECH REPUBLIC<br />

SPAIN<br />

ITALY<br />

LUXEMBOURG<br />

SWEDEN<br />

POLAND<br />

NETHERLANDS<br />

CROATIA<br />

PORTUGAL<br />

OTHERS<br />

TOTAL<br />

FJ33 2 2 2 2 2 1 1 3 2 2 19<br />

FJ44 312 94 62 62 60 42 34 30 26 22 22 16 12 14 10 42 860<br />

TOTAL 314 96 64 62 62 44 34 31 27 22 22 19 14 14 10 44 879<br />

+1<br />

Engine Installed in Top Aircraft Models<br />

MODEL FJ44 FJ33<br />

85+0+0<br />

Citation 525(M2/CJ1/+) 268<br />

Citation 525A(CJ2/CJ2+) 202<br />

Pilatus PC-24 112<br />

Citation 525B(CJ3/CJ3+) 100<br />

Citation 525C(CJ4) 98<br />

Premier I/IA 60<br />

Nextant 400XT/XTi 20<br />

VISION SF50 19<br />

TOTAL 860 19<br />

Engine Family Growth Trend<br />

2020<br />

2021<br />

<strong>2022</strong><br />

854 860<br />

0+0+100 0+97+0 0+0+6 0+1+0 1+0+0<br />

808<br />

3 4<br />

19<br />

FJ44<br />

FJ33<br />

<strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT | 47


APPENDIX<br />

APPENDIX<br />

SUBREGION BREAKDOWN<br />

EASTERN EUROPE<br />

NORTHERN EUROPE<br />

SOUTHERN EUROPE<br />

WESTERN EUROPE<br />

Bulgaria<br />

Cyprus<br />

Czech Republic<br />

Hungary<br />

Poland<br />

Romania<br />

Slovak Republic<br />

Turkey<br />

Denmark<br />

Estonia<br />

Finland<br />

Ireland<br />

Latvia<br />

Lithuania<br />

Sweden<br />

United Kingdom<br />

Croatia<br />

Greece<br />

Italy<br />

Malta<br />

Portugal<br />

Slovenia<br />

Spain<br />

Austria<br />

Belgium<br />

France<br />

Germany<br />

Luxembourg<br />

Netherlands<br />

Switzerland<br />

SIZE CATEGORIES<br />

CORP. AIRLINER<br />

LONG RANGE<br />

LARGE<br />

A310<br />

A319ER<br />

A320<br />

A330<br />

A340<br />

ACJ318<br />

ACJ319<br />

ACJ319neo<br />

ACJ320<br />

ACJ320neo<br />

ACJ330<br />

BAe 146<br />

BBJ1<br />

BBJ 747-8<br />

BBJ 787-8<br />

BBJ 787-9<br />

BBJ MAX 8<br />

BBJ2<br />

BBJ3<br />

Boeing 707<br />

Boeing 727<br />

Boeing 737<br />

Boeing 737 AEW&C<br />

Boeing 747<br />

Boeing 757<br />

Boeing 767<br />

Boeing 777<br />

CRJ100/200<br />

CRJ700<br />

ERJ135<br />

ERJ145<br />

Fokker 100<br />

L-1011<br />

Lineage 1000<br />

Lineage 1000E<br />

MD DC-8<br />

MD DC-9<br />

MD-80<br />

Sukhoi SBJ<br />

Falcon 7X<br />

Falcon 8X<br />

G500<br />

G550<br />

G600<br />

G650<br />

G650ER<br />

Global 5000<br />

Global 5500<br />

Global 6000<br />

Global 6500<br />

Global 7500<br />

Global Express<br />

Global Express XRS<br />

GV/GV-SP<br />

Challenger 600/601<br />

Challenger 604<br />

Challenger 605<br />

Challenger 650<br />

Challenger 800/850<br />

Challenger 870<br />

Dornier 328JET<br />

Falcon 2000<br />

Falcon 2000 EX<br />

Falcon 900<br />

Fokker 70<br />

G II/IIB<br />

G III<br />

G IV/GIV-SP/G400<br />

G300/G350<br />

G450<br />

Legacy 600<br />

Legacy 650<br />

MEDIUM<br />

LIGHT<br />

VERY LIGHT<br />

Challenger 300/350<br />

Citation 680(Sovereign/+)<br />

Citation 680A(Latitude)<br />

Citation 750(X/X+)<br />

Falcon 20<br />

Falcon 20 -5<br />

Falcon 200<br />

Falcon 50<br />

G200<br />

G280<br />

Hawker 1000<br />

Hawker 125-1<br />

Hawker 125-3<br />

Hawker 125-400<br />

Hawker 4000<br />

Hawker 600<br />

Hawker 700/750<br />

Hawker 800/XP<br />

Hawker 850XP<br />

Hawker 900XP<br />

JetStar<br />

Learjet 55 B/C<br />

Learjet 60 XR<br />

Legacy 450<br />

Legacy 500<br />

Praetor 600<br />

Westwind 1/2<br />

Citation 500/501(I/ISP)<br />

Citation 525A(CJ2/CJ2+)<br />

Citation 525B(CJ3/CJ3+)<br />

Citation 525C(CJ4)<br />

Citation 550(II/IISP/SII/Bravo)<br />

Citation 560(Encore/+)<br />

Citation 560(V/Ultra)<br />

Citation 560XL(Excel/XLS/XLS+)<br />

Citation 650(III/VI/VII)<br />

Falcon 10<br />

Falcon 100<br />

G100/G150<br />

Hawker 400<br />

HondaJet<br />

HondaJet ELITE<br />

Learjet 28/29<br />

Learjet 31<br />

Learjet 35/36<br />

Learjet 40 XR<br />

Learjet 45 XR<br />

Learjet 70/75<br />

Mitsubishi Diamond<br />

Nextant 400XT/XTi<br />

Phenom 300<br />

Phenom 300E<br />

Pilatus PC-24<br />

Sabreliner<br />

Westwind 1/2<br />

Citation 510(Mustang)<br />

Citation 525(M2/CJ1/+)<br />

Eclipse 500<br />

Eclipse 550<br />

Learjet 23<br />

Learjet 24<br />

Learjet 25<br />

Phenom 100<br />

Premier I/IA<br />

Vision SF50<br />

48 | <strong>YE</strong> <strong>2022</strong> EUROPE BUSINESS JET FLEET REPORT

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