Over the past 12 months, inventory has declined significantly, down approximately 50 percent, and pricing has increased roughly 36 percent year-over-year, reflecting a very strong demand environment. Days on market have increased compared to this time last year, indicating a more measured pace of execution, and transaction activity has remained active, with 20 retail sales over the past 12 months. Six aircraft sold in December, with two additional Falcon 2000 LXS's selling since the beginning of 2026. The vintages of aircraft sold since December range from 2013 to 2025. Based on current trends, the market is sitting at approximately 3.2 months of inventory, so supply and demand are tightly aligned, with limited availability driving a highly-competitive environment. As with this segment of the Falcon market, overall condition, pedigree, and program enrollment continue to play a meaningful role in differentiating aircraft. The Falcon 2000 LXS continues to be a highly-practical and capable platform, with its combination of performance, cabin comfort, and operating efficiency continuing to align well with today's buyer's mission. Overall, the Falcon 2000 LXS market is active and strengthening, with firm pricing and constrained inventory, though transaction pace has become slightly more measured.
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