There are currently 12 aircraft actively for sale globally, which represents 2.6% of the total in operation fleet. For those evaluating this inventory, average asking price across available aircraft is approximately $7.2 million. In terms of transactional velocity, timing has shortened year over year. The average time it takes for an available aircraft to transition to a new owner the days on market is currently 97 days. This reflects a market with healthy buyer demand and great liquidity. Transactional volume is high. Looking back at the historical trends, retail sales have seen a steady rhythm, logging an average of between 5 and 6 transactions per month. This continuous buying activity has successfully maintained a strong market, giving us a current absorption rate of between 2 and 3 months. In summary, this remains a seller's market. Demand is healthy with good liquidity. I would give this market an A demand rating.
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Inventory levels decreased 7% from a year ago, and overall levels remain very low at just 3%. Prices are decreasing. The average asking price has decreased 4% since the same time last year. PC-12 NGXs are selling at a slower pace. The days-on-market has increased 39% from this time last year. There have been 94 retail sales over the past 12 months, but only 12 have occurred since the beginning of the year. The vintages of aircraft that have sold since the beginning of the year, range from 2021 to 2025 models. Based on the recent supply and demand trends, there's currently between three and four months of inventory on the market for sale. In summary, this market is strong. Aircraft are transacting consistently, and there's great liquidity in this market.
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Inventory levels have increased 29% from a year ago and are up 4 units since Q1. Overall levels remain very low at just 3.8%. Prices are increasing. the average asking price has increased 4% since the same time last year. The days on market has increased 18% from this time last year, but the short-term trend is much lower. The days on market since Q1 has decreased by 81 days, and there have been 84 retail sales over the past 12 months. Based on the recent supply and demand trends, there's currently between 4 and 5 months of inventory on the market for sale. This represents a decrease of about a month since Q1. In summary, this market is strong. Aircraft are transacting consistently, and there's great liquidity in this market.
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