The market continues to tighten with inventory levels down 40% from a year ago. The average asking price has remained stable over the past 12 months, and 900 LXs are selling at a faster pace. The days on the market has also decreased 58% from this time last year and there have been 13 retail sales over the past 12 months. The vintages of the 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 a four-month supply of inventory on the market for sale. In summary, although there has been no real change in asking price, the aircraft 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. Overall, I'd categorize the Falcon 900 LX market as a seller's market for aircraft with recent C checks, and a buyer's market for aircraft with a two I still give the 900 LX market a balanced A plus demand rating.
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The market continues to tighten with inventory levels down 50% from a year ago. The average asking price has remained stable over the past 12 months and LXs are selling at a bit slower pace. The days on the market has increased 28% from this time last year and there have been 12 retail sales over the past 12 months. Vintages of the aircraft sold have ranged from 2011 to 2023 models. Based on recent supply and demand trends, there's currently about three months of inventory on the market for sale. In summary, although there's been no real change in asking prices, aircraft with the recent 2C or 4C inspections are selling at a premium due to component availability, some corrosion issues and significant landing gear overhaul backlogs because many of the airplanes are coming up on their First 4C checks I'd still categorize the LX market as a seller's market if you have the recent C checks done in a buyer's market for aircraft and coming due in the next three years or less. I'd still give the 900 LX market a balanced A plus demand rating.
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