The market continues to loosen with inventory levels up 14% from a year ago. The average asking price has increased slightly 5% over the last 12 months and 2000s are selling at a slightly faster pace. Days on the market has also decreased 23% from this time last year, and there have been 22 retail sales over the past 12 months. The vintages of aircraft that have sold over the last 12 months range from 1995 to 2004 models. Based on recent supply and demand trends, there's currently about 14 months of inventory on the market for sale. In summary, although there has been no real change in asking prices, aircraft with ProLine 21 upgrades and 10 passenger seats with recent 2C or 4C inspections are selling at a premium due to parts and component availability, ever-present corrosion issues, and significant landing gear overhaul backlogs. The 2000s TFE738 engine remains subject to a 12 to 18 month backlog for HSI and CZI events, engine status as well as seat check status. Overall, I'd categorize the Falcon 2000 Classic market as a seller's market with recent C checks and 1,500 plus hours remaining before a major engine event, and a buyer's market for aircraft that have a 2C or 4C coming due in the next three years or less, and engines with less than 1,000 hours remaining until the next engine event. I still give the 2000 classic market a balanced C demand rating.
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Over the past 12 months, inventory in the Falcon 2000 market has declined modestly, reflecting tightening supply across the segment, and pricing has remained stable to slightly increasing, up approximately 3% year-over-year. Days on market have increased compared to this time last year, indicating a more measured pace of execution, and transaction activity has remained steady, with continued buyer engagement across the segment. Three Falcon 2000s sold in December, with an additional two transactions occurring so far in 2026, reflecting continued buyer engagement within the segment. The vintages of the aircraft sold since December are 1996 to 2006 models. Based on current trends, the market is supported by a reduced inventory environment, so supply and demand are gradually tightening, although absorption remains more deliberate relative to last year. As with most aircraft in this segment, overall condition and maintenance status continue to play a meaningful role in differentiating, aircraft within the market. The Falcon 2000 continues to be a highly practical and versatile platform, with its balance of cabin comfort, performance, and operating efficiency continuing to align well with today's buyer mission. Overall, the Falcon 2000 market is active, with stable pricing and tightening inventory, though, transaction pace has become more measured. I would characterize the market as stable to tightening and assign it an A demand rating.
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