Aircraft Overviews

Product Overview

The G-IV is an upgraded evolution of the G-III with a 54-inch cabin stretch and six cabin windows. The aircraft is fitted with two Rolls-Royce Tay MK 610-8 engines which are more powerful and fuel-efficient than the Spey MK 511-8 model that the G-II and G-III were powered by. The Gulfstream G-IV also became the first business jet to have an entire glass cockpit with an advanced EFIS avionics suite and six-color CRT displays.

As of April 2023, 94% of the Gulfstream G-IV ownership comes from the pre-owned market, the other 6% from new. 12.4% of those are currently for sale, with the majority under an exclusive broker agreement (79%). For those on the market, the average time on the market is 10.4 months. Over the past 12 months, the Gulfstream G-IV has averaged 2 full retail transactions per month.

Brief History

Design work on the G-IV began in early 1983, with the first of four production prototypes making first flight on September 19, 1985. FAA certification was awarded on April 22, 1987.

The G-IV began operational service with serial number 1000 in 1987 and was upgraded to the special purpose G-IV-SP version at serial number 1214 in 1993. A total of 196 Gulfstream G-IV aircraft have been produced.

Worldwide Appeal

There are currently 153 Gulfstream G-IV aircraft in operation worldwide. The majority of those (149) are wholly owned with 4 in shared ownership and none in fractional ownership. 7.8% are currently leased. North America has the largest percentage of wholly owned Gulfstream G-IV aircraft (86%) followed by Asia (7%).

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Product Overview

The Challenger 600 is a twin turbofan large-cabin wide-body business jet best recognized for its very wide cabin. It was one of the first business jets designed with a supercritical wing. The Challenger 600 has four backup power systems, thrust reversers and APU. It is known to be a spacious, comfortable cabin with low noise and vibration levels.

As of December 2022, 98% of the Bombardier Challenger 600 aircraft were purchased pre-owned by their current owner, the other 2% new. 6% are for sale with the majority of those (67%) under an exclusive broker agreement. When for sale the average time on the market is 413 days.

Brief History

The Challenger 600 was originally developed in the mid-1970s to be the Learstar 600 in collaboration between Canadair and Bill Lear of Learjet. In 1976 Canadair purchased the Learstar rights and redesigned it to be the Challenger. It was then certified in 1980. 34 challenger 600 business jets have been retired.

Worldwide Appeal

There are currently 51 Bombardier Challenger 600 aircraft in operation worldwide. All of these are wholly owned. 6% are currently leased. North America has the largest percentage of wholly owned Challenger 600 aircraft (49%), followed by South America (18%) and Africa (8%).

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Product Overview

The Embraer Phenom 300 is a light jet aircraft developed by Brazilian aircraft manufacturer Embraer. They launched the phenom 100 entry-level airplane and the 300-light jet as a clean-sheet pair. The larger light jet, the Phenom 300, first flew in 2008. An all-new wing that features powerful and quiet Pratt & Whitney Canada turbofan engines were also designed by Embraer, based on the basic fuselage cross-section of the 100.

As of February 2023, 41% of the Embraer Phenom 300 aircraft were purchased pre-owned by their current owner, the other 59% new. 3.3% are for sale with the majority of those (88%) under an exclusive broker agreement. When for sale the average time on the market is 156 days.

Brief History

The Embraer Phenom 300 received FAA Type Certification on December 14, 2009, as the Embraer EMB-505. The series began production in 2008 and is still being produced presently. A total of 497 Phenom 300 aircraft have been produced with 487 of them in operation. Six Phenom 300 business jets have been retired.

Worldwide Appeal

There are currently 487 Embraer Phenom 300 aircraft in operation worldwide. The majority of those (311) are wholly owned with 14 in shared ownership and 162 in fractional ownership. 6.6% are currently leased. North America has the largest percentage of wholly owned Phenom 300 aircraft (66%), followed by South America (16%) and Europe (15%).Netjets owns the largest fractional fleet with 88 Phenom 300 aircraft.

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Product Overview

The Global 6000 is one of seven business jet aircraft models built by Bombardier to compete in the ultra-long range large-cabin market. Retaining the flexible wing structure of the original Global Express, the aircraft hosts one of the most comfortable rides in rough air of any purpose-built business aircraft. Compared to its predecessor, the Global XRS, it has improved acoustical insulation with cabin noise levels among the lowest in the business aircraft industry. Cabin pressurization is another strong point.

As of July 2022, 40% of the Global 6000 aircraft were purchased preowned, the other 60% new. 3.6% are for sale with the majority of those (75%) under an exclusive broker agreement. When for sale the average time on the market is 180 days.

Brief History

The Global 6000 was first announced in May 2011 and started delivering to customers in 2012. It traces its roots to the Global Express XRS, which was the third ultra long-range large-cabin business jet, produced. A total of 338 Global 6000 aircraft have been manufactured with 329 in operation, and the remainder in production or at the manufacturer.

Worldwide Appeal

There are 329 Global 6000 business jets in operation worldwide. The majority of those (293) are wholly owned with five in shared ownership and 31 in fractional ownership. 7% are currently leased. North America has the largest percentage of wholly owned Global 6000 aircraft (41%), followed by Europe (33%) and Asia (20%). Vista Jet Ltd. Of Malta owns the largest fleet of Global 6000 aircraft with 28.

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Product Overview

The Cessna Citation CJ3 is an upgraded and extended version of its predecessor the Citation CJ2. Its cruise speed outdoes the CJ2 with a significantly reduced fuel burn and uses natural laminar flow wings to further its Fuel-efficiency. These wings delay the onset of flow separation longer, which significantly improves the lift-to-drag performance. The CJ3 is permitted to operate with a single pilot under U.S. registry only.

As of December 2022, 83% of the Citation CJ3 aircraft were purchased pre-owned by their current owner, the other 17% new. 4.4% are for sale with the majority of those (67%) under an exclusive broker agreement. When for sale the average time on the market is 114 days.

Brief History

The first flight of the Citation CJ3 took place on April 17, 2003. The CJ3 received full FAA type certification in October 2004. Delivery began in December of 2004. The 100th CJ3 was delivered in November 2006. The manufacturing of the Citation CJ3 aircraft is carried out on the CJ1, CJ2, CJ3 common production line at Cessna’s manufacturing facilities in Wichita, Kansas.

Worldwide Appeal

There are 409 Citation CJ3 aircrafts in operation today. The majority of those (378) are wholly owned with 31 in shared ownership. 6.6% are currently leased. North America has the largest percentage of wholly owned Citation CJ3 aircraft (84%), followed by Europe (9%), and South America (5%).

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Product Overview

The Falcon 2000S is a twin-engine French-made Business jet and is a slightly smaller development on the Falcon 900 trijet, with United States transcontinental coast to coast market range. The Falcon 2000S jet comes with fault monitoring and digital diagnostic systems, which help the mechanic in troubleshooting and repair work.

As of December 2022, 28% of the Falcon 2000S were purchased pre-owned by their current owners, the other 72% new. 2.1% are for sale with all of those (100%) under an exclusive broker agreement. When for sale the average time on the market is 120 days.

Brief History

In 1995, the Falcon 2000, a super mid-size business jet, entered service and is the first private jet that Dassault designed without a physical model. Its design was completely digital, created by Computer Aided Three-dimensional Interactive Application (CATIA) software. This software helped improve aerodynamic structure and simplified the airplane’s systems.

Falcon 2000S derivative was launched by Dassault in May 2011 at EBACE and received European Aviation Safety Agency (EASA) certification in March 2013 and Federal Aviation Administration (FAA) certification in April 2013.

Worldwide Appeal

There are 47 Falcon 2000S business jets in operation worldwide, all are wholly owned. 15% are currently leased. North America has the largest percentage or Falcon 2000S aircraft (60%), followed by Europe (23%), and Asia (11%).

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Product Overview

The Gulfstream G600 is a sister aircraft to the G500, a smaller aircraft that was unveiled as a pair with the Gulfstream G600. Along with the Gulfstream G650ER, Gulfstream G650 and the Gulfstream G500, the G600 shares a maximum operating speed of Mach 0.925. A low cabin altitude at the aircraft’s maximum altitude of 51,000 feet and 100 percent fresh air replenished every two minutes reduce the effects of jet lag. The G600 comes equipped with Gulfstream’s Enhanced Vision System, the Intelligence-by-Wire flight system provides highly calibrated flight controls, and auto throttles and autobrakes ensure peak engine performance and smoother, safer landings.

As of November 2022, 3% of the Gulfstream G600 aircraft were purchased pre-owned by their current owners, the other 97% new. 2.2% are for sale with half of those (50%) under an exclusive broker agreement. When for sale the average time on the market is 240 days.

Brief History

The Gulfstream G600 was first announced in October 2014 in Savannah, GA, US and it first flew in December 2016. In 2019 FAA certification was received and the first Gulfstream G600 was delivered in August 2019. The model is still being produced presently.

Worldwide Appeal

There are 89 Gulfstream G600 aircraft in operation today. The majority of those (88) are wholly owned with 1 in shared ownership. 17.8% are currently leased. North America has the largest percentage of wholly owned Gulfstream G600 aircraft (83%), followed by Europe (13%).

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Product Overview

The Cessna Citation Latitude is a low-wing aircraft with retractable tricycle landing gear and a cruciform tail. The turbofan engines are pylon-mounted on the rear fuselage and fuel stored in the wings offers generous range for missions. The spacious interior offers a flat floor and circular cabin with space for baggage provided with the integrated steps in the tail cone with additional storage space available in the cabin.

As of June 2022, 14% of the Citation Latitude aircraft were purchased pre-owned by their current owners, the other 86% new. 1.6% are for sale with the majority of those (60%) under an exclusive broker agreement. When for sale the average time on the market is 82 days.

Brief History

The Cessna Citation Latitude (Model 680A) was first announced at the 2011 NBAA convention. The prototype first flew on February 18, 2014 and FAA certification came on June 5, 2015. First deliveries began in August 2015. NetJets purchased a large fractional fleet of 162 Latitude business jets as of June 2022.

Worldwide Appeal

There have been 309 Citation Latitude business jets built and all are in operation today. More than half of those (141) are wholly owned with 6 in shared and 162 in fractional ownership. 3.2% are currently leased. North America has the largest percentage of wholly owned Citation Latitude aircraft (79%), followed by Europe (13%). NetJets owns the largest fleet of Citation Latitude aircraft with 138.

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Product Overview

The Challenger 850 is derived from the Bombardier CRJ-200 commercial airliner. The Challenger 850 has transcontinental range and a high-speed cruise. With the option of auxiliary fuel tanks, the Challenger 850 can have an increased range capacity.

As of July 2022, 77% of the Challenger 850 aircraft were purchased pre-owned, the other 23% new. 9.6% are for sale with the majority of those (86%) under an exclusive broker agreement. When for sale the average time on the market is 252 days.

Brief History

The Challenger 850, formerly the Challenger SE and then the Challenger 800, was first manufactured in 1996 as the Challenger SE (Special Edition) and rebranded in 2006 as the Challenger 850. Production of the Challenger 850 ended in 2017. A total of 74 Challenger SE/800/850 aircraft were produced with one since retired.

Worldwide Appeal

There are 73 Challenger 850 aircraft in operation today. The majority of those (72) are wholly owned with one in shared ownership. 13.7% are currently leased. Europe has the largest percentage of wholly owned Challenger 850 aircraft (41%), followed by North America (31%) and Asia (25%).

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