Asian Sky Quarterly 2022 Q4

MARKET DYNAMICS: BUSINESS JET
SUPPLY / DEMAND INDICATORS
BUSINESS JETS
SUPPLY VS. DEMAND RATIO
AVERAGE DAYS ON MARKET
SUPPLY
> DEMAND
DAYS ON MARKET
AVERAGE
% OF FLEET
FOR SALE
MODEL
AVERAGE
NO TRANSACTION
NO TRANSACTION
NO TRANSACTION
NO TRANSACTION
NO TRANSACTION
450% 400% 350% 300% 250% 200% 150% 100% 50% 0
Average AC for sale / Total sold in last 12 months
11.1%
2.8%
4.8%
5.4%
4.8%
2.9%
1.6%
7.4%
3.5%
1.5%
8.9%
7.2%
3.7%
7.3%
3.1%
3.3%
2.6%
0.9%
3.6%
1.5%
2.4%
2.1%
0.0%
3.3%
3.2%
4.6%
ACJ318
ACJ319
ACJ320
BBJ
BBJ2
CL300
CL350
CL604
CL605
CL650
CL850
GL Express
GL XRS
GL5000
GL6000
CIT. CJ3
CIT. CJ4
CIT. Latitude
CIT. Sovereign
F2000LX
F2000LXS
F2000S
4.0% F7X
4.5%
4.3%
F8X
F900DX
7.6% F900EX
3.4%
2.3%
9.2%
2.0%
4.0%
10.4%
4.1%
2.8%
2.7%
3.6%
Average
F900EXe
F900LX
L1000
L600
L650
Phenom 300
G200
G280
G450
G500
G550
G650
G650ER
0 200 400 600 800 1000
The above chart reflects where certain aircraft models are positioned
in terms of supply and demand (based on a ratio of completed
transactions compared to the number of sellers and the average
number of days on the market for a transaction to take place).
These indications do not necessarily mean that prices will be higher
in the future, but it does indicate that sellers of these particular
models are more likely to find willing buyers in a shorter period of
time than on average.
For some model types, given the market indicators shown on the
previous page, the stabilization in pre-owned asking prices and decline
in inventory level appear to have stimulated increased demand,
leading to an increase in transactions and a more balanced state of
supply and demand.
This can be seen the most with certain Gulfstream (G200, G450, G550,
G650), Bombardier (Challenger 604/605 & Global 5000) and Dassault
Falcon models (2000 Series and 7X), where more transactions are
occurring relative to the number for sale, and transactions are requiring
less time on the market for sellers to complete.
FOURTH QUARTER 2022 — GLOBAL SKY QUARTERLY | 61