Bombardier Learjet Series Market Briefing

Bombardier
Learjet Series
Market Briefing
Fall 2015
Marketplace Overview
INSIDE THIS EDITION
✈ Marketplace Overview
✈ Market Summaries
✈ Lear 31A
✈ Lear 45XR
✈ Lear 35A
✈ Lear 55
✈ Lear 40
✈ Lear 60
✈ Lear 40XR
✈ Lear 60XR
✈ Lear 45
✈ Learjet Deliveries
✈ JetPak Aircraft Valuation
✈ About Holstein Aviation
►Business aircraft transactions dropped 7.3 percent (-312) to 3,949 for January through September this
year. The same period in 2014 yielded 4,261 sales. That compares to a 5.5 percent increase from 2013
to 2014. For the first nine months of 2015, new jet transactions declined by 11 (-2.7%) to 398. Used
jets lowered 5.2 percent (-123) to 2,246. New turboprops sales period dropped 14 (-6.0%) to 221. Used
turboprops purchases reduced 164 (-13.1%), ending at 1,084.
►Business aircraft sold on average in 462 days. This was 9.6% more quickly (-49 days) during the first
three quarters of 2015 versus 2014 (511 days). Jets were available for sale on average 442 days, or
11.6 percent less time (-52 days). Turboprops’ average days on the market lowered by 46 to 482, an
8.7 percent reduction.
►Availabilities ranged from 12 fewer units (TBM 850) to 30 additional aircraft (Piper Meridian). Inventory
declines were logged by 29 models while 50 saw additional units come to market. Six models had no
change. Cessna Citation CJ4 recorded the greatest inventory increase (200%) while the Gulfstream
G650 registered the largest decrease (100%).
►Across the business aircraft fleet tracked in the Holstein Aviation Business Aircraft Market Perspective
(BAMP) Magazine, from where this data is derived, market values increased on 16 models and
decreased on 68. There was no change on one (Falcon 2000S). Individual model Average Asking
Prices ranged from +26.1 percent (Gulfstream G150) to -50.6 percent (Lear 40XR).
►In a slight change, 45 (up from 40) of the 85 models tracked by BAMP had their Average Asking Prices
move in the opposite direction of the number available for sale. Of the remaining aircraft, 10 (previously
seven) saw both aircraft on the market and Average Asking Prices increase while 24 (formerly 28)
had both figures decrease. Six models (down from 10) had no availability change, yet market value
remained the same on one, increased for one, and decreased for four.
Scroll down for Market Briefing Summaries
1 (877) 530-JETS (5387) US toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com
H LSTEIN
(October 2014 – September 2015)
Synopsis
Bombardier Lear 31A
45
Learjet Leads Bombardier Fleet in Availability
Increase And Market Value Decrease.
NUMBER OF AIRCRAFT FOR SALE
$1,500,000
NUMBER OF AIRCRAFT SOLD
40
AVERAGE ASKING PRICE ($M)
35
NUMBER OF LEAR 31A AIRCRAFT
All Bombardier aircraft except the Global 6000 had lower
Average Asking Prices. Availability increased on 11 models
and dropped on the remaining nine. Bombardier incurred
the largest drop in market value of all OEMs, followed
by Gulfstream.
An additional 20 Learjet aircraft increased availability
38 percent. That negatively impacted the Average Asking
Prices by 15.6 percent. Only the Lear 45 experienced a
drop in availability, but still lost one-half percent in
market value.
$1,450,000
$1,400,000
30
$1,350,000
25
$1,300,000
20
PRICE ($M)
Market Briefing Summaries
TM
$1,250,000
15
$1,200,000
10
$1,150,000
5
0
✈Aircraft For Sale: 35
SEP
2015
AUG
2015
JUL
2015
JUN
2015
MAY
2015
APR
2015
MAR
2015
FEB
2015
JAN
2015
DEC
2014
NOV
2014
OCT
2014
$1,100,000
✈Fleet Availability: 17.5% ✈Avg. Model Year: 1996
 -10% from 39 Aircraft
✈United States:  28 to 24 ✈Avg. Total Time: 5,686 Hrs.
✈International:  11 to 11 ✈Avg. Asking Price: $1,181,789
✈Fleet Size: 206
 $150,051 (-11.3%)
• Bombardier Learjet Series Market Briefing - Fall 2015
Bombardier Lear 35A
✈Aircraft For Sale: 53
 +10% from 48 Aircraft
✈United States:  36 to 37
✈International:  12 to 16
✈Fleet Availability: 11.2% ✈Avg. Model Year: 1981
✈Avg. Total Time: 11,241 Hrs.
✈Avg. Asking Price: $731,176
✈Fleet Size: 475
 $43,324 (-5.6%)
Bombardier Lear 40
✈Aircraft For Sale: 10
 +100% from 5 Aircraft
✈United States:  3 to 7
✈International:  2 to 3
✈Fleet Availability: 27.5% ✈Avg. Model Year: 2005
✈Avg. Total Time: 3,628 Hrs.
✈Avg. Asking Price: $2,761,250
✈Fleet Size: 40
 $325,178 (-10.5%)
2
1 (877) 530-JETS (5387) US toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com
H LSTEIN
(October 2014 – September 2015)
Bombardier Lear 40XR
✈Aircraft For Sale: 11
 +175% from 4 Aircraft
✈Fleet Availability: 12.1% ✈Avg. Model Year: 2006
✈Avg. Total Time: 3,591 Hrs.
✈Avg. Asking Price: $2,963,333
✈United States:  4 to 9
✈International:  0 to 2
✈Fleet Size: 91
 $3,031,667 (-50.6%)
Bombardier Lear 45
✈Aircraft For Sale: 28
✈Fleet Availability: 12.9% -22%
from
36
Aircraft
✈Avg. Model Year: 2001

✈United States:  15 to 14 ✈Avg. Total Time: 4,538 Hrs.
✈International:  21 to 14 ✈Avg. Asking Price: $2,988,846
✈Fleet Size: 241
 $14,487 (-0.5%)
Bombardier Lear 45XR
✈Aircraft For Sale: 23
 +64% from 14 Aircraft
✈United States:  13 to 18
✈International:  1 to 5
✈Fleet Availability: 12.1% ✈Avg. Model Year: 2007
✈Avg. Total Time: 2,666 Hrs.
✈Avg. Asking Price: $5,098,571
✈Fleet Size: 207
 $690,429 (-11.9%)
Bombardier Lear 55
✈Aircraft For Sale: 19
✈Fleet Availability: 18.0%  +12% from 17 Aircraft ✈Avg. Model Year: 1982
✈United States:  16 to 15 ✈Avg. Total Time: 12,143 Hrs.
✈International:  1 to 4
✈Avg. Asking Price: $981,286
✈Fleet Size: 111
 $196,714 (-16.7%)
• Bombardier Learjet Series Market Briefing - Fall 2015
Market Briefing Summaries
TM
3
1 (877) 530-JETS (5387) US toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com
H LSTEIN
Market Briefing Summaries
(October 2014 – September 2015)
Bombardier Lear 60
✈Aircraft For Sale: 40
 +11% from 36 Aircraft
✈United States:  25 to 27
✈International:  11 to 13
TM
Bombardier Lear 60XR
✈Aircraft For Sale: 14
✈Fleet Availability: 12.3% 0% from 14 Aircraft
✈Avg. Model Year: 2009
✈United States:  4 to 5
✈Avg. Total Time: 1,561 Hrs.
✈International:  10 to 9 ✈Avg. Asking Price: $4,838,333
✈Fleet Size: 114
 $1,147,917 (-19.2%)
✈Fleet Availability: 13.6% ✈Avg. Model Year: 1999
✈Avg. Total Time: 5,870 Hrs.
✈Avg. Asking Price: $2,251,111
✈Fleet Size: 309
 $358,175 (-13.7%)

New Learjet Deliveries and Forecast
Source: J.P. Morgan
• Bombardier Learjet Series Market Briefing - Fall 2015
Bombardier 201020112012201320142015201620172018
Learjet 40/70 6 1413 4 7 14
16
17
18
Learjet 45/75101014152621222324
Learjet 60 12191210 1––––
Learjet 85
–
–
–
–
–Program Put on Hold 1/15/2015
TOTAL
Bombardier
28
43
39
25
34
35
38
40
42
2000200120022003200420052006200720082009
Learjet 40/70 – – – – 172126232113
Learjet 45/75
71
63
33
17
22
28
30
34
27
20
Learjet 60
35
29
18
12
9
18
15
23
26
13
Learjet 85
–
–
–
–
–
–
TOTAL
106
92
51
29
48
67
71
80
74
46
4
1 (877) 530-JETS (5387) US toll free • +1 (317) 815-9403 telephone • +1 (317) 663-0705 facsimile • [email protected] • www.HolsteinAviation.com
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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 accurate
and up-to-date 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
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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
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Holstein Aviation continues to sell business jets and turboprops
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