This market is extremely tight with one aircraft on the market for sale currently. A year ago, there were two aircraft on the market for sale. Throughout the course of the last year, the number of aircraft for sale has oscillated between one to two aircraft for most of the year. As you'd expect, aircraft are being sold at a premium with asking prices generally in the mid-20s range. Praetor 600s sell at a relatively fast pace when on the market typically 90 days or less on average. There have been 40 retail sales transactions over the past 12 months with a large percentage of those being new aircraft deliveries. The peak months for deliveries were March and December. Based on the fact that there is only one aircraft currently for sale on the market, 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 Prater 600s is helping to prop up the preowned market.
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