Lear 40xr
Market SNAPSHOT
Available aircraft up 5 aircraft from this time last year. A 63% increase. That represents 14.3% of the total fleet. Average ask currently sits at approximately 2.5 million which is down 794,000 or 24% over the last 12 months. Pricing has adjusted over the last year. Days on market are at 309 days, up 75 days, or 32% year over year. 11 aircraft traded over the last 12 months which averages out to 0.9 sales per month or just under a sale a month. At the current sales pace, absorption rate is at approximately 14.4 months. The LU40XR market currently has more supply and adjusted pricing compared to a year ago. Transaction volumes have remained meaningful though at 11 deals over the last 12 months. So if you're evaluating timing or want to understand where your aircraft sits in the current market, it's worth having that conversation before making a decision.
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COMING SOON...
Q2 2026 MARKET SNAPSHOT
interested in Learning more about this market or discussing your aircraft's value? Let's talk.
Or Contact Kitchel Gifford Directly at
Aircraft Market Video
Inventory is rising, up five aircraft from a year ago, with a total of twelve on the market. This represents about 13.2% of the 91 total 40XRs in operation. Pricing has pulled back slightly over the past year, around 15%. The market continues to normalize following the post-COVID highs. Sales rate has remained steady. Days on market is up slightly, thirty four days from March 2025, indicating a fairly steady demand rate. Aircraft that are priced properly are selling. This is supported by the fact that inventory is moving quite well. 12 total sales in the 40XR market representing 13.2% of the fleet. Vintages of the aircraft that have sold span from 2004 to 2010. At this rate, there's enough inventory to supply the market for just over a year, about 14 months. Overall, the market is balanced. Transaction volume and days on market have remained steady, indicating a balance between buyer and seller expectations. Properly priced aircraft are selling. So right now is a good time for both buyers and sellers to transact. In summary, I'd categorize this market as a neutral market and give it an A demand rating.
interested in Learning more about this market or discussing your aircraft's value? Let's talk.
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Or Contact Kitchel Gifford Directly at
Q1 2026 MARKET SNAPSHOT
Aircraft Market Video
