Let's review the key market metrics affecting owners, buyers, and corporate flight departments. There are currently only two citation longitudes publicly marketed for sale worldwide. Representing 1.2% of the in-operation fleet. Inventory has declined by 4 aircraft or 67% over the past 12 months. This exceptionally limited supply continues to support strong residual values and market stability. Both available aircraft are listed as make-offer with no published ask-in prices. One year ago, the average ask-in price was $23.5 million, and for reference, the published book values of the two current listings are $17.9 and $30 million. Aircraft are also moving considerably faster. Current days on market have declined to 29 days compared with 147 days one year ago. That's an 80% reduction. This indicates that both properly priced, high-quality Longitudes are selling quickly when they become available. Over the past 12 months, there have been 26 new aircraft deliveries and 12 pre-owned sales, totaling 38 retail transactions, or just over 3 per month. Based on the 12 pre-owned sales completed during the past year, the current inventory represents an absorption rate of 2 months, with strong demand and strong and extremely limited availability. The market remains firmly seller-favored. Buyers unwilling to wait for factory delivery continue to pursue immediately available pre-owned aircraft. As a matter of interest, a typically equipped new Longitude is currently priced at $30.4 million, with available delivery positions extending into late 2027. The Longitude continues to perform well within the super-midsize segment, offering an attractive combination of range, cabin comfort, operating economics, and strong global product support. In summary, the market remains supply-driven. Inventory is exceptionally tight. Marketing periods have shortened significantly. Pricing remains stable, and high-quality aircraft continue to command prominence.
COMING SOON...
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Of the 152 aircraft in operation, there's only one for sale, which represents 0.7% of the total fleet, indicating a very tight seller's market. Inventory levels have dropped by 67% from a year ago, and the pre-owned ask prices have recovered from the mid-summer slump up to the same level from a year ago at 26 million. Days on market has crept up about 19% to an average of 118 days. And over the past 12 months, there have been 33 retail sales, 21 of which were new from the factory. This is an average of about three per month. The absorption rate also is indicative of a very strong market of one month to clear out the current inventory. So, in summary, the OEM backlog is propping up the pre-owned Longitudes with limited availability. Prices will remain quite firm. So, overall, this is definitely a seller's market, and the market demand rating is a definite A.
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The Longitude market continues to be defined by exceptionally limited inventory levels. As of May 2026, there's only one publicly-marketed aircraft available for sale, representing less than 1% of the global fleet. That level of scarcity continues to support strong residual values and overall market stability. Looking at inventory and pricing trends over the last six months, there were two aircraft listed for sale, with average asking prices at $25.5 million. The 2024 model currently listed as a target sales price in the upper 20s. Current days on market for publicly listed aircraft have increased by a few days to 202, primarily because buyers at this price point remain selective, and highly focused on pedigree, maintenance, history, program coverage, connectivity upgrades, and delivery positioning. Over the past six months, there have been 19 new aircraft deliveries, and four were pre-owned, including some off-market aircraft. transactions. That's an important indicator in this segment, because many of the best aircraft never officially reach the public market. Buyers are increasingly relying on broker relationships and private networks to secure available inventory. From a supply and demand standpoint, this remains a seller-favored environment with a three-month absorption rate, and OEM delivery positions continue to influence the market, and buyers are not willing to wait for new production aircraft are turning toward the pre-owned market for immediate availability . New aircraft are available in the latter part of 2027, with a base price of $29.995 million. The Longitude continues to perform extremely well in the super-midsize segment due to its combination of range, cabin comfort, operating economics, and texture on a strong product support network. In summary, the Citation Longitude market remains a fundamentally supply-driven. Inventory is critically tight, price remains stable, and high-quality aircraft continue to command premium position in the marketplace.
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