There are currently two Lear 40s for sale, down one aircraft from this time last year, a 33% decrease. That represents about 5.6% of the total fleet. This is historically tight. Average asking price is up approximately $405,000 over the last 12 months, a 20% increase. Pricing is moving in the right direction for sellers. Days on market have dropped 66% year over year to 109 days. Two aircraft traded over the last 12 months, working out to about an aircraft every six months. That brings the current absorption rate to 11.8 months based on two pre-owned transactions. The Lear 40 market is stable and well-supported. Inventory is tight, prices are up, and aircraft are moving faster than they were a year ago. For owners considering a sale, Q4 is a compelling window to target. Getting positioned now gives you the best opportunity to take advantage of current market conditions.
COMING SOON...
Or Contact Kitchel Gifford Directly at
Of the 36 Lier 40s in operation, only two are for sale, representing, ah, 5.6% of the total fleet. There's only been one transaction in the last year. And with such a small sample size, it's hard to draw conclusions on the market conditions. However, the lack of availability of an aging fleet, on average 20 years, indicates that the Lear 40 continues to hold relevancy in the market.
Or Contact Kitchel Gifford Directly at