Over the past 12 months, the Citation XLS market has remained highly active, with available inventory declining approximately 30% year-over-year. Despite tightening supply conditions, asking values have adjusted approximately 23% year-over-year as the market continues to normalize. Despite softening asking values, overall supply conditions remain notably limited across the segment. From a transaction standpoint, days on market have decreased approximately 51% year-over-year, reinforcing continued buyer activity for properly presented aircraft. Over the past 12 months, there have been 34 retail sales recorded across the Citation XLS market, with four transactions recorded so far in in 2026, involving 2006 through 2008 model-year aircraft. Looking at supply and demand, the market is currently carrying approximately 2.5 months of inventory, reflecting an extremely limited supply overall. Aircraft with engine program enrollment, updated connectivity solutions, modernized avionics capability, and strong overall presentation continue to be standouts in today's market environment. The Citation XLS continues to appeal to a broad range of operators because of its combination of cabin comfort, operational flexibility, and relatively approachable operating economics within the midsize segment. Its well-established operational reputation continues supporting demand across corporate operators, charter providers, and owner-flown buyers alike. In summary, the Citation XLS market remains highly active with tightening inventory levels and continued buyer demand supporting overall market stability. Properly equipped aircraft continue to attract strong market interest, particularly as available inventory remains limited across the segment. Overall, I characterize the Citation XLS market as strong and assign it an A demand rating.
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