Textron Aviation Hawker / Beech Light

Textron Aviation
Hawker / Beech Light
Jets Market Briefing
Fall 2014
INSIDE THIS EDITION
✈ Marketplace Overview
✈ Market Summaries
✈ Premier I ✈ Premier IA
✈ Beechjet 400
✈ Beechjet 400A
✈ Hawker 400XP
✈ 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
TM
(October 2013 – September 2014)
Beech Premier I
Synopsis
Hawker and Beech Branded Light Jets Experience
Mixed Market Values Changes.
The final look and feel of the new organization that
combines Cessna Citation, Beech and Hawker jets, and
Beech King Air Turboprops is taking shape. Each product
line at this point is maintaining its own brand, but now
all are under the Textron Aviation umbrella. Interestingly,
profit for the company was led by King Air.
As a segment, Hawker and Beech light jets saw total
market value increase. However, this was due primarily
to the Premier lA (+29.0%) and secondarily to the Hawker
400XP (+7.0%) having an increase in Average Asking
Price. The remaining three models recorded declines
ranging from five to 15 percent.
• Textron Aviation Hawker / Beech Light Jets Market Briefing - Fall 2014
For the period, this segment had 23 fewer aircraft on the
market. In keeping with the business aircraft marketplace
overall, the decline in aircraft for sale did not appear to
directly correlate to price. Even though the inventory
levels for all five models dropped, prices increased on
two but decreased on three.
✈ Aircraft For Sale: 12
 -14% from 14 Aircraft
✈United States:  9 to 8
✈International:  5 to 4
✈ Fleet Size: 125
 $79,167 (-5.0%)
Beech Premier IA
✈ Aircraft For Sale: 15
 -25% from 20 Aircraft
✈Fleet Availability: 10.8% ✈Avg. Model Year: 2008
✈Avg. Total Time: 1,854 Hrs.
✈Avg. Asking Price: $3,899,000
✈United States:  10 to 9
✈International:  10 to 6
 $876,222 (+29.0%)
✈ Fleet Size: 157
✈Fleet Availability: 9.6% ✈Avg. Model Year: 2004
✈Avg. Total Time: 2,675 Hrs.
✈Avg. Asking Price: $1,492,500
Beechjet 400
✈ Aircraft For Sale: 12
 -33% from 18 Aircraft
✈Fleet Availability: 21.2% ✈Avg. Model Year: 1987
✈Avg. Total Time: 6,689 Hrs.
✈Avg. Asking Price: $644,066
✈United States:  14 to 9
✈International:  4 to 3
✈ Fleet Size: 52
 $113,626 (-15.0%)
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H LSTEIN
Market Briefing Summaries
Beechjet 400A
✈Fleet Availability: 16.7% ✈Avg. Model Year: 1997
 -11% from 61 Aircraft
✈United States:  42 to 37 ✈Avg. Total Time: 5,603 Hrs.
✈International:  19 to 17 ✈Avg. Asking Price: $1,033,071
✈ Fleet Size: 318
 $106,179 (-9.3%)
(October 2013 – September 2014)
Hawker 400XP
✈ Aircraft For Sale: 24
✈Fleet Availability: 9.5%  +14% from 21 Aircraft ✈Avg. Model Year: 2006
✈United States:  13 to 13 ✈Avg. Total Time: 2,079 Hrs.
✈International:  8 to 11 ✈Avg. Asking Price: $2,396,538
 $156,538 (+7.0%)
✈ Fleet Size: 242
• Textron Aviation Hawker / Beech Light Jets Market Briefing - Fall 2014
✈ Aircraft For Sale: 54
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
To Request Your
Free JetPak
+1 (317) 815-9403
[email protected]
 Buy a Business Aircraft
 Sell Your Aircraft or Fleet
Lease a Jet or Turboprop
Obtain Supplemental Lift
Recruit / Outplace
Consult / Analyze / Plan
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
Call +1 (317) 815-9403
+1 (877) 530-JETS toll free
or e-mail [email protected]
for answers, assistance and assurance.