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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