Bombardier Challenger Series Marketplace

Bombardier
Challenger Series
Market Briefing
Fall 2014
INSIDE THIS EDITION
✈ Marketplace Overview
✈ Market Summaries
✈ Challenger 604
✈ Challenger 300
✈ Challenger 601-1A ✈ Challenger 605
✈ Challenger 601-3A ✈ Challenger 850
✈ Challenger 601-3R
✈ JetPak Aircraft Valuation
✈ About Holstein Aviation
Marketplace Overview
►A total of 4,079 business aircraft changed hands the first nine months of this year compared to 4,018
for the same period in 2013, an increase of 61. New aircraft comprised 592 of the total transactions in
2014 while pre-owned jets and turboprops made up the remaining 3,487. Used aircraft accounted for
3,429 of the 2013 sales with new aircraft accounting for the remaining 589.
►The average days on market for the business jet fleet October 1, 2014, versus that date a year prior,
decreased by 15 from 509 to 494. This is a 24-day improvement from the previous quarter’s report.
Turboprops likewise continued to sell more quickly, lowering from 551 to 528 for an additional 27 day
improvement. This is on top of the 48 day decrease noted in the last issue.
►Across the business aircraft fleet, individual model Average Asking Prices ranged from an increase of
13.2 percent to a 34.7 percent decrease. While the increase was 2.8 percent less than the previous
quarter, the aircraft with a decrease in AAP improved 13.6 percent.
►Aircraft available for sale ranged from 26 fewer units (Bombardier Challenger 604) to 22 additional aircraft
(Gulfstream 550). Slightly over half of the models experienced an inventory decline while 35 percent
saw additional units come on to the market. Ten models had no change.
►Of the 83 business jet and turboprops included in these Market Briefings, 20 enjoyed an increase in
Average Asking Price. That is 10 additional models whose market value grew than was noted in the
Summer 2014 issue. Nevertheless, the market value per model declined an average of 6.6 percent over
the past year.
►The marketplace continues to defy accurate prediction by often moving contrary to what traditionally
is considered conventional inventory availability and price behavior. Somewhat more than one-third of
the models tracked had inventory and Average Asking Price increases and decreases in a manner that
supports traditional supply and demand economic theory. Yet half of the models experienced inventory
and market value moving in the same direction. Finally, 12 percent of the models saw no change in
aircraft availability but increases and decreases in Average Asking Price split nearly equally.
Scroll down for Market Briefing Summaries
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H LSTEIN
Market Briefing Summaries
Synopsis
TM
(October 2013 – September 2014)
Bombardier Challenger 300
Majority of Bombardier Models Experience
Continued Average Asking Price Declines.
Bombardier jets reflect the contradictory economics affecting
business aircraft overall. Inventory rose on five models,
dropped on 14, and was unchanged on one, resulting in 65
fewer aircraft for sale. Regardless, market values dropped
an average of nine percent on two-thirds of their fleet.
Average Asking Price increases and decreases split nearly
evenly. The 604 had 26 fewer units for sale, largest drop
of all Bombardier models, yet market value declined 6.6
percent. The 300, 601-1A and 601-3R recorded Average
Asking Price increases on small inventory declines (601-1
and 601-3R), and one increase (300).
✈ Aircraft For Sale: 29
✈Fleet Availability: 6.2% ✈Avg. Model Year: 2007
 +26% from 23 Aircraft
✈United States:  9 to 12 ✈Avg. Total Time: 2,826 Hrs.
✈International:  14 to 17 ✈Avg. Asking Price: $12,852,000
 $363,000 (+2.9%)
✈ Fleet Size: 451
• Bombardier Challenger Series Market Briefing - Fall 2014
Bombardier Challenger 601-1A
✈ Aircraft For Sale: 10
 -17% from 12 Aircraft
✈Fleet Availability: 18.2% ✈Avg. Model Year: 1984
✈Avg. Total Time: 10,793 Hrs.
✈Avg. Asking Price: $2,015,833
✈United States:  7 to 8
✈International:  5 to 2
 $29,583 (+1.5%)
✈ Fleet Size: 55
Bombardier Challenger 601-3A
✈ Aircraft For Sale: 22
✈Fleet Availability: 16.2% ✈Avg. Model Year: 1991
 -27% from 30 Aircraft
✈United States:  18 to 12 ✈Avg. Total Time: 7,649 Hrs.
✈International:  12 to 10 ✈Avg. Asking Price: $2,773,500
✈ Fleet Size: 130
 $178,167 (-6.0%)
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H LSTEIN
(October 2013 – September 2014)
Bombardier Challenger 601-3R
✈ Aircraft For Sale: 8
 -11% from 9 Aircraft
✈Fleet Availability: 13.8% ✈Avg. Model Year: 1994
✈Avg. Total Time: 7,457 Hrs.
✈Avg. Asking Price: $4,380,000
✈United States:  4 to 4
✈International:  5 to 4
 $124,000 (+2.9%)
✈ Fleet Size: 58
Bombardier Challenger 604
✈ Aircraft For Sale: 21
✈Fleet Availability: 5.5% ✈Avg. Model Year: 2001
 -55% from 47 Aircraft
✈United States:  22 to 8 ✈Avg. Total Time: 5,763 Hrs.
✈International:  25 to 13 ✈Avg. Asking Price: $7,689,091
✈ Fleet Size: 363
 $1,532,674 (-16.6%)
Bombardier Challenger 605
✈ Aircraft For Sale: 18
✈Fleet Availability: 6.6% ✈Avg. Model Year: 2009
 +20% from 15 Aircraft
✈Avg. Total Time: 1,713 Hrs.
✈United States:  2 to 3
✈International:  13 to 15 ✈Avg. Asking Price: $16,225,000
✈ Fleet Size: 258
 $241,667 (-1.5%)
Bombardier Challenger 850
✈ Aircraft For Sale: 9
 -10% from 10 Aircraft
✈Fleet Availability: 12.7% ✈Avg. Model Year: 2007
✈Avg. Total Time: 1,961 Hrs.
✈Avg. Asking Price: $13,666,667
✈United States:  0 to 1
✈International:  10 to 8
✈ Fleet Size: 63
 $1,650,000 (-10.8%)
• Bombardier Challenger Series Market Briefing - Fall 2014
Market Briefing Summaries
TM
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+1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com
JetPak
Market Valuation
MAKE AND MODEL SPECIFIC
Market information is a critical component of any aircraft
transaction. Therefore, it only makes sense to begin
the process ─ as either buyer or seller ─ with current
and accurate knowledge regarding your current make
and model aircraft, or the business jet or turboprop you
wish to acquire.
The Holstein Aviation JetPak Aircraft Valuation provides
you with a marketplace overview accompanied by data
on specified aircraft, all at no cost or obligation to you!
JetPak Features
► Price range
► Number available
► Average days on market
► Sales and pricing trends
► Market Activity
FRE
E
Put
Knowledge and Experience
To Work For You
Corporate, private and governmental clients worldwide
rely on the Holstein Aviation team to bring the utmost in
capability and expertise to bear on their behalf. If you
are selling a business jet or turboprop, look to us to
obtain the highest reasonable price. When you need to
acquire a business aircraft, we know how to ensure
that you receive the most value for your money.
By partnering with Holstein Aviation, whose team
member backgrounds and experience span the
entrepreneurial to the Fortune 500, you instantly
accrue the product and market knowledge, positive
performance and enviable industry reputation capability
that has been gained through:
► 250 years of total experience
► 56,000 combined flight hours
► 3,500 transactions
► $8 billion in revenue
Call on Holstein Aviation to:
Contact Holstein Aviation
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Free JetPak
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[email protected]
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2014 Y-T-D Brokerage Perfor mance
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Holstein Aviation continues to sell business jets and turboprops
60% quicker than the market average!
Holstein Aviation, Inc.
4000 West 106th Street, Suite 160
Carmel, IN 46032 USA
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