This market is extremely tight, with no aircraft on the market for sale currently. A year ago, there were four aircraft on the market for sale, and those have all been sold. Throughout the course of the last year, the number of aircraft for sale oscillated between three to four aircraft for most of the year, until they were all sold at the end of 2025. As you would expect, aircraft are being sold at premium prices. The published average asking prices were generally in the upper teens for the most of last year. Praetor 500s sell at a relatively fast pace, when on the market typically 180 days or less on average. There have been 44 retail sales over the past 12 months, with a large percentage being new aircraft deliveries. The peak months for deliveries were June, September, November, and December. 15 deliveries occurred in November and December alone, resulting from year-end driven sales activity. Based on the fact that there are no aircraft currently for sale, there is a significant imbalance in the market which puts sellers in the driver's seat. In summary, this market is very strong, OEM backlog for new Praetor 500s is helping to prop up the pre-owned market.
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