market UPDATE
The market continues to be active with inventory levels up 36% from a year ago. The average asking price has decreased 12% over the past 12 months and G280s are selling at a slightly faster pace. The days on the market has slightly increased 14% from this time last year. There have been 50 retail sales over the past 12 months. The vintages of aircraft that have sold over the last 12 months range from 2011 to 2023 models. Based on recent supply and demand trends, there's currently about six months of inventory on the market for sale. In summary, asking prices have decreased 12% as much of the early fleet approaches their first 16C inspection and the middle of the fleet approached their first 8C inspection. Overall, I'd categorize the G280 market as a seller's market for aircraft with the 8C or 16C recently completed, and a buyer's market for aircraft approaching these major inspections. I still give the G280 market a balanced A demand rating.
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