Duncan Aviation Aircraft Sales Team Releases Latest Business Jet Model/Market Summary
Duncan Aviation compiles and publishes a new edition of its Business Jet Model/Market Summary. The 1Q 2017 edition of this quick reference guide shows the most recent, published market pricing/valuation information in an easy-to-use and easy-to-compare format.
The tool is used with aircraft sales and acquisition clients as an initial introduction and overview of the market conditions, a snapshot of what took place in the business aircraft marketplace in the previous quarter rather than a predictor of the future. The data in the report does not track the market but can help operators better understand the current value of their aircraft to determine when it might make sense for them to make changes in their fleet.
Aircraft sales representative Tim Barber says: “Jet sales last year were broadly the same as 2015, and so far in 2017, they are just ahead of last year, so there is some positive news; however, you don’t have to look too far to see the continued impact of falling values.”
“Generalizing about any specific market sector invariably is an injustice to some of the models,” Barber continues, “but schoolboy supply-and-demand economics generally dictate what happens to each aircraft: as inventory rises prices fall until buyers suddenly realize that there are bargains to be had. Over recent years we have seen this with so many models, so if you want to understand the market for your aircraft, it’s probably best to ask a professional broker to provide you with a detailed report rather than rely on a more general piece of journalism that you read.”
To view the new report, visit www.da.aero/market-sum.
Duncan Aviation’s Aircraft Sales and Acquisitions team summarizes the data from well-known industry sources and their own market knowledge and experience. They then compile it quarterly for the light jet, mid-size jet and long-range jet categories. Working with Vref Publishing’s Aircraft Value Reference, Conklin de Decker Associates, Inc. and the aircraft manufacturers, the team regularly updates the data in these lists with the latest market intelligence on business aircraft models in operation today and how they compare to others in the same size category.
The tool was originally compiled for a client to help him easily identify the aircraft models he wanted to consider purchasing. It was such a quick and concise way to compare all the data that the Duncan Aviation Aircraft Sales team decided others could benefit from it as well. They expanded it for other size models and started publishing it quarterly.
The Business Jet Model/Market Summary is sorted by the seats-full range for light, mid-size and large aircraft. It displays one-line descriptions detailing several attributes, including the following:
• Years Produced—the range of years the model was in production
• Vref Price Range—the current marketing value according to the Vref-Aircraft Value Reference
• Direct Operating Costs per Hour—as defined by Conklin & de Decker
• Normal Cruise Speed
• Cabin Volume/Length/Height/Width—based on user requests
• Cabin Seats—the number of available seats on the aircraft
• Expected Avionics—the expected avionics found in the flightdeck
• NBAA IFR Range-Seats Full—the flight range in nautical miles with all seats full
• NBAA IFR Range-Ferry—flight range in nautical miles with no passengers
• Payload with Fuel Full—in pounds.
• Average Fuel Burn—in gallons per hour.
To access the most recent Business Jet Model/Market Summary, visit www.da.aero/market-sum or call one of Duncan Aviation’s aircraft acquisitions representatives at 402.475.2611.
For more information, visit Duncan Aviation at Stand #G88 during this year’s EBACE convention to be held May 22-24 in Geneva, Switzerland, or watch for announcements at www.DuncanAviation.aero/ebace.