Over the past 12 months, inventory in the Global Express market has declined 44%, while pricing has continued to strengthen, at 14% higher than one year ago. These trends suggest continued demand for a platform that remains highly respected throughout the ultra-long range segment. Buyers continue to recognize the value of the Global Express platform, particularly when aircraft demonstrate strong maintenance pedigree, modernization investment, and overall operational quality. The reduction in available inventory, combined with strengthening pricing, reflects continued buyer confidence in the market. Days on market have increased compared to a year ago, suggesting buyers are taking additional time to evaluate aircraft before making acquisition decisions. Even so, transaction activity is remains healthy throughout the segment. Over the past 12 months, the market recorded 18 retail transactions, with 12 sales completed so far in 2026. Recent sales have included aircraft ranging from 1999 through 2002 model years, demonstrating continued buyer engagement across the platform's production run. While buyers remain selective, the level of transaction activity suggests continued demand for well-maintained and appropriately positioned aircraft. With approximately 6.7 months of supply available based on current trends, sellers remain in a favorable position. Buyers continue to have options to evaluate, but the reduction in available inventory has increased competition for desirable aircraft. The Global Express continues to benefit from strong buyer recognition, healthy transaction activity, and a reputation as one of the most capable long-range aircraft of its generation. Despite. a more deliberate acquisition process than some late model aircraft, continued pricing strength and declining inventory suggest buyers remain confident in the platform.
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This market remains relatively tight. Inventory levels down 7% from a year ago. However, pricing has softened recently, with the average asking price decreasing 26% over the past 12 months, as the market continues to adjust to current supply levels. Aircraft are continuing to move steadily through the market, with days on market decreasing 4% compared to this time last year. Over the last 12 months, there have been 10 retail sales indicating consistent transaction activity in this segment. Based on the current supply and demand trends, the 3-year-old OEM backlog for new aircraft continues to support the pre-owned global express market. In summary, this market remains strong with supply and demand in alignment. Overall, I'd categorize this market as a B demand rating.
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