Asian Sky Quarterly 2022 Q4
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GLOBAL PRE-OWNED MARKET UPDATE<br />
MEDIUM JETS - SHORT TERM MEDIAN VALUE CHANGE<br />
70%<br />
Increase Decrease Total<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
Jan1<br />
Jan15<br />
Feb1<br />
Feb15<br />
Mar1<br />
Mar15<br />
Apr1<br />
Apr15<br />
May1<br />
May15<br />
Jun1<br />
Jun15<br />
Jul1<br />
Jul15<br />
Aug1<br />
Aug15<br />
Sep1<br />
Sep15<br />
Oct1<br />
Oct15<br />
Nov1<br />
Nov15<br />
Dec1<br />
Dec15<br />
Jan1<br />
Jan15<br />
Feb1<br />
Feb15<br />
Mar1<br />
Mar15<br />
Apr1<br />
Apr15<br />
May1<br />
May15<br />
Jun1<br />
Jun15<br />
Jul1<br />
Jul15<br />
Aug1<br />
Aug15<br />
Sep1<br />
Sep15<br />
Oct1<br />
Oct15<br />
Nov1<br />
Nov15<br />
Dec1<br />
Dec15<br />
Jan1<br />
Jan15<br />
Feb1<br />
The median value of pre-owned Medium Jets has risen 3% year-todate<br />
and is up 25% year-over-year, despite plateauing in mid-<strong>2022</strong>.<br />
Pre-owned transaction activity in <strong>2022</strong> was 17% off 2021 levels but<br />
8% and 25% ahead of 2020 and 2019 levels, respectively. Availability<br />
in this segment is up 59% year-over-year, but with only 4.9% of the<br />
active fleet for sale, it remains well below the 10% 10-year average<br />
for this market segment. As with the Super-Mid segment, continued<br />
demand and low supply have been pushing median values higher.<br />
LIGHT JETS - SHORT TERM MEDIAN VALUE CHANGE<br />
70%<br />
Increase Decrease Total<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
Jan1<br />
Jan15<br />
Feb1<br />
Feb15<br />
Mar1<br />
Mar15<br />
Apr1<br />
Apr15<br />
May1<br />
May15<br />
Jun1<br />
Jun15<br />
Jul1<br />
Jul15<br />
Aug1<br />
Aug15<br />
Sep1<br />
Sep15<br />
Oct1<br />
Oct15<br />
Nov1<br />
Nov15<br />
Dec1<br />
Dec15<br />
Jan1<br />
Jan15<br />
Feb1<br />
Feb15<br />
Mar1<br />
Mar15<br />
Apr1<br />
Apr15<br />
May1<br />
May15<br />
Jun1<br />
Jun15<br />
Jul1<br />
Jul15<br />
Aug1<br />
Aug15<br />
Sep1<br />
Sep15<br />
Oct1<br />
Oct15<br />
Nov1<br />
Nov15<br />
Dec1<br />
Dec15<br />
Jan1<br />
Jan15<br />
Feb1<br />
While up and down during <strong>2022</strong>, the median value change in this<br />
pre-owned segment is up 19% year-over-year. However, ups and<br />
downs aside, this metric has been essentially unchanged since mid-<br />
<strong>2022</strong>. As with other jet segments, resale transaction activity in this<br />
market was lower (-13%) than in 2021 but still ahead of 2019 by 35%<br />
and 2020 by 16%. Availability in this market is up 2% year-to-date<br />
and 40% year-over-year, but only 5.3% of the fleet is for sale versus a<br />
10-year average of 10.8%.<br />
FOURTH QUARTER <strong>2022</strong> — GLOBAL SKY QUARTERLY | 49
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