Asian Sky Quarterly 2023 Q4
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MARKET DYNAMICS: BUSINESS JETS<br />
SUPPLY / DEMAND INDICATORS<br />
BUSINESS JETS<br />
Corp. Airliner Long Range Large Medium Light<br />
SUPPLY VS. DEMAND RATIO<br />
AVERAGE DAYS ON MARKET<br />
SUPPLY<br />
> DEMAND<br />
DAYS ON MARKET<br />
AVERAGE<br />
% OF FLEET<br />
FOR SALE<br />
MODEL<br />
AVERAGE<br />
NO TRANSACTION<br />
16.7%<br />
ACJ318<br />
4.1%<br />
ACJ319<br />
3.8%<br />
ACJ320<br />
5.9%<br />
BBJ<br />
NO TRANSACTION<br />
9.1%<br />
BBJ2<br />
4.5%<br />
CL300<br />
3.7%<br />
CL350<br />
7.5%<br />
CL604<br />
7.3%<br />
CL605<br />
4.2%<br />
CL650<br />
6.7%<br />
CL850<br />
16.9%<br />
GL Express<br />
7.5%<br />
GL XRS<br />
8.2%<br />
GL5000<br />
5.2%<br />
GL6000<br />
4.2%<br />
CIT. CJ3<br />
4.1%<br />
CIT. CJ4<br />
1.1%<br />
CIT. Latitude<br />
3.4%<br />
CIT. Sovereign<br />
NO TRANSACTION<br />
13.0%<br />
F900DX<br />
13.4%<br />
F900EX<br />
5.9%<br />
F900EXe<br />
2.2%<br />
F900LX<br />
5.3%<br />
F2000LX<br />
2.9%<br />
F2000LXS<br />
6.4%<br />
F2000S<br />
5.4%<br />
F7X<br />
3.1%<br />
F8X<br />
3.2%<br />
Phenom 300<br />
3.7%<br />
L600<br />
2.8%<br />
L650<br />
0.0%<br />
L1000<br />
13.0%<br />
G200<br />
2.6%<br />
G280<br />
8.8%<br />
G450<br />
4.8%<br />
G500<br />
5.4%<br />
G550<br />
4.1%<br />
G650<br />
2.0%<br />
G650ER<br />
250% 200%<br />
150%<br />
100% 50%<br />
0<br />
Average AC for sale / Total sold in last 12 months<br />
5.0%<br />
Average<br />
0 200 400 600 800 1000<br />
The above chart reflects where certain aircraft models are positioned in<br />
terms of supply and demand (based on a ratio of completed transactions<br />
compared to the number of sellers and the average number of days on the<br />
market for a transaction to take place).<br />
For some model types, given the market indicators shown on the previous<br />
page, the stabilization in pre-owned asking prices and decline in inventory<br />
level appear to have stimulated increased demand, leading to an increase<br />
in transactions and a more balanced state of supply and demand.<br />
These indications do not necessarily mean that prices will be higher in the<br />
future, but it does indicate that sellers of these particular models are more<br />
likely to find willing buyers in a shorter period of time than on average.<br />
This can be seen the most with certain Gulfstream (G200, G450, G550,<br />
G650), Bombardier (Challenger 604/605 & Global 5000) and Dassault<br />
Falcon models (2000 Series and 7X), where more transactions are<br />
occurring relative to the number for sale, and transactions are requiring<br />
less time on the market for sellers to complete.<br />
59 | ASIAN SKY QUARTERLY - FOURTH QUARTER <strong>2023</strong>
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