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100+80<br />
91+91+63+63+35+28+28+7+7<br />
96+96+84+72+60+48+12<br />
MARKET TRENDS<br />
Corporate Airliner OEM Boeing contributed the highest share in pre-owned<br />
aircraft value at USD$450.9 million with nine aircraft, including five BBJ1s,<br />
which equated to just over 30% of the total value. Dassault contributed<br />
four aircraft worth USD$95.8 million, while Textron contributed five<br />
aircraft worth USD$16.3 million.<br />
Among the nations to take pre-owned deliveries, the United Arab Emirates<br />
took the largest share with 36 pre-owned aircraft, followed by Israel with<br />
eight. The average age of pre-owned aircraft added to the fleet is 15.4<br />
years, which was slightly older than the regional average.<br />
In <strong>2022</strong>, a total of 39 deductions from the <strong>MENA</strong> region were recorded,<br />
amounting to USD$453.7 million. Textron experienced the most<br />
reductions among the major OEMs, with eight aircraft leaving the fleet,<br />
three of which were Hawker 800/XPs, the highest number of departures<br />
among all aircraft models. The eight Textron aircraft amounted to a<br />
value of USD$20.9 million. Corporate Airliners saw the most deductions<br />
by size category with 11 aircraft departing, of which eight were from<br />
Boeing. The deductions among Corporate Airliners amounted to over<br />
USD$244.4 million.<br />
Embraer experienced the second highest net loss of aircraft in terms of<br />
value among its regional fleet among major OEMs, which amounted to<br />
USD$78.6 million with the departure of five aircraft, including models<br />
such as the Legacy 600 (two) and the Lineage 1000 (two). Six Dassault<br />
aircraft, including two Falcon 900s, left the region, which were valued at<br />
USD$45.8 million. Four Gulfstream jets worth USD$38.3 million, including<br />
two G450s, also departed from the <strong>MENA</strong> fleet.<br />
The average age of aircraft which left from the region stood at 22.9, which<br />
is almost eight years older than the regional average.<br />
BUSINESS JET MOVEMENTS 1,2<br />
FLEET SIZE (UNITS)<br />
FOR MORE INFORMATION ON JET MOVEMENTS, PLEASE REFER TO THE OEM OVERVIEW.<br />
New Deliveries<br />
AIRCRAFT VALUE (USD$M) 3<br />
5<br />
4<br />
GULFSTREAM<br />
BOMBARDIER<br />
94+80<br />
$281.0<br />
$329.4<br />
9<br />
TOTAL<br />
$610.4<br />
Pre-owned Additions<br />
13<br />
GULFSTREAM<br />
13<br />
9<br />
9<br />
FLEET SIZE (UNITS) AIRCRAFT VALUE (USD$M) 3<br />
BOMBARDIER<br />
5<br />
4<br />
4<br />
1<br />
1<br />
$234.2<br />
BOEING<br />
EMBRAER<br />
TEXTRON<br />
AIRBUS<br />
DASSAULT<br />
52+86+100+19+4+45+21+2+1<br />
$16.3<br />
$83.9<br />
$95.8<br />
$203.9<br />
BRITISH AEROSPACE<br />
MD<br />
$8.0<br />
$4.3<br />
59 TOTAL<br />
$1,483.2<br />
$385.9<br />
$450.9<br />
8<br />
8<br />
7<br />
6<br />
5<br />
4<br />
Deductions<br />
FLEET SIZE (UNITS) AIRCRAFT VALUE (USD$M) 3<br />
1<br />
TEXTRON<br />
BOEING<br />
BOMBARDIER<br />
DASSAULT<br />
EMBRAER<br />
GULFSTREAM<br />
AIRBUS<br />
39 TOTAL<br />
$453.7<br />
12+95+37+25+44+21+18<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>MENA</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 />
$20.9<br />
$45.8<br />
$38.3<br />
$33.0<br />
$65.6<br />
$78.6<br />
$171.5<br />
<strong>YE</strong> <strong>2022</strong> <strong>MENA</strong> BUSINESS JET FLEET REPORT | 17
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