Aircraft Overviews

Product Overview

The Cessna Citation Jet 1+ is a turbofan-powered light corporate jet built by Textron Cessna. It was developed as an improved version of the CJ1 with the ability to fly faster plus a 100 pound gross weight increase allowing it to carry more payload over greater distances.

As of January 2016, 53% of the Citation CJ1+ aircraft were purchased pre-owned by their current owners, the other 47% new. 8.8% are currently for sale, with the majority of those (78%) under an exclusive broker agreement. When for sale, the average number of days on the market is 453.

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Product Overview

The Gulfstream G200 (formerly known as the Galaxy 1126) is a super-midsize medium-range twin-turbofan corporate jet.

As of November 2015, 65% of the G200 aircraft were purchased pre-owned by their current owners, the other 35%, new. 12.6% are currently for sale with the majority of those (74%) under an exclusive broker agreement. When for sale, the average number of days on the market is 326.

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Product Overview

The Cessna Citation Ultra was an updated version of the original Citation V (Model 560). An updated Honeywell Primus 1000 avionics suite consolidated multiple displays and replaced standard analog flight instruments. The upgraded engines (Pratt & Whitney JT15D-5D turbofans) offered 145 more pounds of thrust per side, and were more efficient.

As of December 2015, all of the Citation Ultra aircraft in operation were purchased pre-owned by the current owners. 8% are currently for sale with more than half of those (63.6%) under an exclusive broker agreement. When for sale, the average number of days a Citation Ultra remains on the market is 364 days.

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Product Overview

The Cessna Citation VII is part of the Citation 650 series, which included a total of four aircraft types (Citation III, IV, VI and VII). One of the biggest differentiating features of the Citation VII was improved engines which allowed for higher altitude capabilities than the Citation III.

As of October 2015, all of the Citation VII aircraft in operation were purchased pre-owned by the current owner. 13.7% are currently for sale with the majority of those (75%) under an exclusive broker agreement. When for sale, the average number of days a Citation VII remains on the market is 492.

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Product Overview

The Learjet 60XR, a mid-size cabin, medium-range business jet aircraft, is the largest of the Learjet family with new fuel-efficient engines, a wider, stretched fuselage, and a glass cockpit. Thrust reversers and single-point refueling are also standard equipment, and the aircraft features a full galley, together with an aft lav.

The Learjet 60XR fleet is evenly split in terms of whether they were purchased new or pre-owned. As of August 2015, 51% of the Learjet 60XR aircraft were purchased pre-owned by the current owners, the other 49%, new. 12.3% are currently for sale with the majority of those (71%) under an exclusive broker agreement. When for sale, the average number of days a Learjet 60XR remains on the market is 478.

Brief History

The original Learjet 60 was announced in October 1990 as the replacement for the mid-size Model 55C, from which it derived several of its key features.  Production of the Learjet 60 ended in 2007 following completion of 3...

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Product Overview

The Cessna Citation CJ3 (Model 525B) is an upgraded and extended version of its predecessor the Citation CJ2. It boasts a stretched cabin and wingspan along with increased fuel efficiency.

As of July 2015, half of the CJ3 aircraft were purchased pre-owned by their current owners, and half were purchased new. 5.3% are currently for sale with 72% of those under an exclusive broker agreement. The average number of days on the market before sale is 270.

Brief History

The first flight of the Citation CJ3 took place on April 17, 2003. Deliveries began in December of 2004.

Worldwide Appeal

There are 412 Citation CJ3 aircraft in operation with 13 in shared ownership, 2 in fractional, and 397 wholly owned.  By continent, North America has the largest percentage at 65%, followed by Europe at 25%. The largest fleet operator of CJ3 aircraft, Latitude 33 Aviation, LLC, holds 7 of the CJ3 jets in operation. Additionally, 7% of the Citation CJ3 jets are currently l...

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Product Overview

The Airbus ACJ318 aircraft is a corporate jet which, like the other models in the ACJ family, is a business jet version of its sister model, the passenger A318. It is the smallest aircraft in the ACJ category.

As of July 2015, nearly a third of the ACJ318 aircraft were purchased pre-owned by their current owners, and two-thirds were purchased new.  25% are currently for sale and of these, 80% are under an exclusive broker agreement. The average number of days on the market before sale is 413.

Brief History

The Airbus ACJ318 began production in 2002 and continues to be manufactured up to the present day. During that time, a total of 20 aircraft have been produced with all currently in operation.

Worldwide Appeal

Of the 18 wholly owned Airbus ACJ318 in operation, by continent, Asia has the largest percentage at 67% followed by Europe at 22%. Additionally, 10% of the world's Airbus AC318 fleet are currently leased.

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Overview including differentiating features from other aircraft in its category

The Cessna Citation CJ2 (Model 525A) differs most significantly from its predecessor the CJ1 (model 525) in respect to its markedly increased range and payload capacity. It comes in two forms: the original CJ2 and the newer CJ2+.

As of March 2014, the Citation CJ2 market is comprised of 100% pre-owned. The percentage for sale is 10.5% with 84% of that under an exclusive broker agreement and average days on the market are 683 days.

Brief History

The First delivery of the Cessna Citation CJ2 occurred in 2000. The series ended production in 2005. During that time, a total of 243 aircraft were built with 238 Citation CJ2 jets in operation today.

Worldwide Appeal

There are 238 Citation CJ2 jets in operation with 12 in shared ownership and 226 wholly owned. By continent North America has the largest percentage at 60%, followed by Europe at 24% for a combined total of 84%. Also, only 9% of the 23...

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Overview including differentiating features from other aircraft in its category

The Airbus ACJ319 corporate jet is the business jet version of its commercial passenger counterpart model the A319. It has the widest fuselage diameter among its competitors, giving it the largest cabin volume in its class.

As of July 2015, the Airbus ACJ319 market is comprised of 18.6% pre-owned. The percentage for sale is 5.7% with 75% under an exclusive broker agreement and average days on the market are 181 days.

Brief History

The Airbus ACJ319 corporate jet began production in 1999 and continues to be manufactured up to the present day. A total of 73 aircraft have been produced with all but 3 currently in operation.

Worldwide Appeal

Of the 70 Airbus ACJ319 in operation by continent, Asia has the largest percentage at 45%, followed by Europe at 44% for a combined total of 89%. Also, 40% of the 70 Airbus ACJ319 jets in operation today are in fleet ownership with the largest fleet operat...

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