Beech King Air C90B Market Summary
Transcription
Beech King Air C90B Market Summary
Hawker Beechcraft Turboprops Market Briefing Winter 2013 INSIDE THIS EDITION ✈ Marketplace Overview ✈ Market Summaries ✈ King Air C90B ✈ King Air B200GT ✈ King Air C90GT ✈ King Air 300 ✈ King Air C90GTi ✈ King Air 350 ✈ King Air C90GTx ✈ King Air 350i ✈ King Air B200 ✈ JetPak Aircraft Valuation ✈ About Holstein Aviation Marketplace Overview ■ The four year pricing free fall is starting to hint at possibly slowing, but is not expected to reverse significantly in the near term. Overall, buyers continue to have the advantage. ■ Transactions increased during the past year, especially in the United States, but the inflow of additional aircraft for sale, particularly from Europe, continues to hold prices down. ■ Most activity is occurring in model years since 1998, which has been the scenario for some time now. Older aircraft that have pricing expectations not aligned with the current marketplace realities tend to remain unsold for extended periods of time. ■ Declining sale prices on several aircraft are stimulating activity and increasing transactions. Other models, however, are at or near record-high inventory levels. Beech King Air C90B Market Summary I nventory increased by as much as 12 units during the past year before finally ending down six from the peak of 47 in July. Starting with 35 aircraft for sale in January, 2012 finished with six more available in December (-17%). The United States increased by four in available units growing from 17 to 21 (+24%). Inventory across the remainder of the globe only increased two from 18 to 20 (+11%). Average asking prices reacted typically as more aircraft came onto the market during the summer. However, the first four months and the last four months saw values decline even though fewer units were available to purchase. Beginning at $1,445,455, the amounts asked for this model produced a small increase by year end of $1,480,077 (+0.3%). ■ ■ ■ ■ Number Currently For Sale: 41 Percent Of The Fleet For Sale: 9.0 Average Model Year / TT: 1998 / 3,019 Hours Current Average Asking Price: $1,480,077 +1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com H LSTEIN TM Beech King Air C90GT Market Summary D uring 2012, units for sale ranged from six to nine for an average of seven. Starting in January at eight aircraft, the year finished with seven on the market (-13%) for a decrease of one. Those located in the United States started and ended the year at two units available (0%) while internationally-based aircraft dropped by one from six to five (-17%). Market values increased during the first eight months as inventory lowered. Then a oneunit increase in availability pushed average asking prices lower, despite a slight drop in inventory the last two months of the year. From $2,477,462, prices ended in December down $328,712 at $2,148,750 (-13.3%). ■ ■ ■ ■ Number Currently For Sale: 7 Percent Of The Fleet For Sale: 7.2 Average Model Year / TT: 2007 / 766 Hours Current Average Asking Price: $2,148,750 • Hawker Beechcraft Turboprops Market Briefing - Winter 2013 Beech King Air C90GTi Market Summary 2 O ver the course of 2012, inventory varied by as many as four units. Nine aircraft were for sale in January with eight on the market by year end (-11%) for a decrease of one. U.S.-based aircraft dropped from four to two (-50%) while inventory in the rest of the world increased one from five to six (+20%) over the 12 month period. ■ ■ ■ ■ Number Currently For Sale: 8 Percent Of The Fleet For Sale: 6.5 Average Model Year / TT: 2008 / 784 Hours Current Average Asking Price: $2,729,000 Aircraft values reacted proportionally to the inventory levels. When more units were for sale during the first half of the year, prices lowered $90,500. As fewer aircraft remained available, the average asking price rose $147,500. From January through year end, pricing gained $36,000, rising from $2,693,000 to $2,729,000 (+1.3%). +1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com H LSTEIN TM Beech King Air C90GTx Market Summary T he number of aircraft coming onto and going off of the market never varied more than one on a monthly basis. For the full 2012 year, units available for sale rose by one from three to four (+33%). That increase occurred in U.S.-based aircraft, which rose from two to three (+50%), while units for sale that were located outside of the United States remained static at one (0%). The inventory’s value behaved uniquely, to say the least. Average asking prices remained fairly static as inventory for the most part was unchanged. But then pricing began moving upward well into the fall, despite a slight increase in aircraft for sale. From January of last year through the end of December, average asking prices rose $411,667 from $2,950,000 to $3,361,667 (+14%). ■ ■ ■ ■ Number Currently For Sale: 4 Percent Of The Fleet For Sale: 5.1 Average Model Year / TT: 2010 / 259 Hours Current Average Asking Price: $3,361,667 I nventory varied by 20 units from lowest (71) to highest (91) across the previous year. Beginning at 81 in January, 2012 ended with 85 aircraft for sale (+5%). Those aircraft in the United States rose nine from 42 to 51 (+21%) while units located elsewhere around the globe dropped five from 39 to 34 (-13%). A gain of $157,312 for the past 12 months occurred even with inventory increasing for most of the year. The period began with an average asking price of $1,927,707 and ended up at $2,085,019 (+8.2%). ■ ■ ■ ■ Number Currently For Sale: 85 Percent Of The Fleet For Sale: 7.2 Average Model Year / TT: 1992 / 5,970 Hours Current Average Asking Price: $2,085,019 +1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com • Hawker Beechcraft Turboprops Market Briefing - Winter 2013 Beech King Air B200 Market Summary 3 H LSTEIN TM Beech King Air B200GT Market Summary T he number of aircraft for sale remained static for two and three month periods during 2012. Beginning at eight units, the year ended down two at six (-25%). In the United States, inventory dropped one from five to four (-20%). The aircraft outside the U.S. dropped from three to two (-33%) for a decrease of one. Early in the year market value increased even though there was no change in inventory. Prices then remained fairly constant even as the number of available aircraft decreased. Conventional economics prevailed in the last third of the year when prices dropped as more aircraft became available. Average asking prices began at $4,289,167 and increased by $107,083 to $4,396,250 (+2.5%). ■ ■ ■ ■ Number Currently For Sale: 6 Percent Of The Fleet For Sale: 6.0 Average Model Year / TT: 2008 / 736 Hours Current Average Asking Price: $4,396,250 • Hawker Beechcraft Turboprops Market Briefing - Winter 2013 Beech King Air 300 Market Summary 4 C hanges in the number of aircraft for sale and average asking price operated in a largely unrelated manner. Available units varied by as many as six units across the previous 12 months. Beginning at 17, the year ended with a decrease of three to 14 (-18%). Except for the month of October, market values continually declined, irrespective of the number of aircraft for sale. Decreasing $331,515, the average asking price went from $1,728,182 to $1,396,667 (-19.2%) during 2012. ■ ■ ■ ■ Number Currently For Sale: 14 Percent Of The Fleet For Sale: 6.7 Average Model Year / TT: 1986 / 7,235 Hours Current Average Asking Price: $1,396,667 +1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com H LSTEIN TM Beech King Air 350 Market Summary C ompared to the overall business aircraft fleet, this model continued to have a low percentage available to purchase at only 4.4 percent. Total number on the market during 2012 ranged from 38 in January to 29 at year end for a net decrease of nine (-24%). Aircraft located in the United States started and ended the year at 21 units for sale (0%) while the remainder of the world’s fleet declined five from 17 to 12 (-29%). Average asking prices did not directly reflect inventory levels. During six separate months, the market values went down as available units either did the same or remained unchanged. For four other months, prices increased as aircraft for sale did the same. Only two months saw units available decline and average asking prices increase. ■ ■ ■ ■ Number Currently For Sale: 29 Percent Of The Fleet For Sale: 4.4 Average Model Year / TT: 2000 / 3,573 Hours Current Average Asking Price: $3,451,781 I nventory levels did not vary by more than one unit from one month to the next during 2012, and then only four times. Aircraft available for sale began last year at four and finished with five (+25%) for a net change of one over the period. The United States had less aircraft that could be purchased as the year ended, dropping from three to two (-33%) while elsewhere around the globe inventory increased by two from one to three (+200%). ■ ■ ■ ■ Number Currently For Sale: 5 Percent Of The Fleet For Sale: 5.1 Average Model Year / TT: 2010 / 273 Hours Current Average Asking Price: $6,215,000 Market values did not necessarily reflect the inventory levels. Only three months recorded a more conventional supply-demand relationship of lower inventories and higher prices. At the start of the past year, the average asking price was $6,195,000, which then finished up $20,000 at $6,215,000 (+0.3%). Quarterly variations included declines of $200,000 and increases up to $180,000. +1 (877) 530-JETS toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com • Hawker Beechcraft Turboprops Market Briefing - Winter 2013 Beech King Air 350i Market Summary 5 JetPak Market Valuation SPECIFIC TO YOUR AIRCRAFT Market information is a critical conponent 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 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 a specific aircraft, all at no cost or obligation to you! JetPak Features FRE E ► Price range ► Number available ► Average days on market ► Sales and pricing trends ► Market Activity Contact Holstein Aviation To Request Your Free JetPak +1 (317) 815-9403 [email protected] 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: Buy a Business Aircraft Sell Your Aircraft or Fleet Lease a Jet or Turboprop Obtain Supplemental Lift Recruit / Outplace Consult / Analyze / Plan 2012 Brokerage Perfor mance TTTTTTW W W W W WIIIIC IC IC C C CE E E E E EA A A A A AS S S S S S FFFFFFA A A A A AS S S S S STTTTTT Holstein Aviation continues to sell business jets and turboprops 55% quicker than the market average! Holstein Aviation, Inc. 4000 West 106th Street, Suite 160 Carmel, IN 46032 USA Call +1 (317) 815-9403 +1 (877) 530-JETS toll free or e-mail [email protected] for answers, assistance and assurance.
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