Aircraft Overviews

Product Overview

The Gulfstream G450 is a direct descendent of the Gulfstream G400/GIV-SP series. It comes with upgraded engines (Rolls-Royce Tay 611-8C) with FADEC, and redesigned thrust reverser, nacelle and pylon that, coupled with aerodynamic improvements, increase range and payload. It was designed using the G400 airframe with the G550 nose section grafted on, and the fuselage is 12 inches longer than the Gulfstream IV.

As of May 2021, 60% of all Gulfstream G450 aircraft were purchased pre-owned by their current owners, the other 40% new. 7.3% are for sale with the majority of those (92%) under an exclusive broker agreement. When for sale the average time on the market is 288 days.

Brief History

In 2001 Gulfstream began working on the Gulfstream G450 model, an improved version of the GIV-SP. Flight-testing of the Gulfstream G450 started in April 2003 and FAA certification was completed in August 2004. The Gulfstream G450 entered service in May 2005 and production ended in January 2018.

Worldwide Appeal

There are 354 Gulfstream G450 aircraft in operation today. The majority of those (323) are wholly owned with 8 in shared ownership and 23 in fractional ownership. 12% are currently leased. North America has the largest percentage of wholly owned Gulfstream G450 aircraft (67%), followed by Asia (23%) and Europe (7%).

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Product Overview

The large-cabin Falcon 900LX is the latest in the Falcon 900 series. This newest model offers an improved range and less fuel consumption than its predecessor, the Falcon 900EX. The addition of winglets designed by Aviation Partners reduces drag and thereby cuts fuel burn by 5% to 7% while also reducing time to climb as compared to the Falcon 900EX.

As of March 2021, 36% of the Falcon 900LX aircraft were purchased pre-owned by their current owners, the other 64% new. 6.2% are for sale with all of those (100%) under an exclusive broker agreement. When for sale the average time on the market is 175 days.

Brief History

The Falcon 900LX is the seventh Falcon 900 series model built and was introduced as a performance enhanced version of the Falcon 900EX. The model was originally announced at EBACE in May 2008 and received certification from the FAA and EASA in July 2010. The first Falcon 900LX was delivered in 2010 and the model is still being manufactured today. A total of 82 Falcon 900LX aircraft have been manufactured.

Worldwide Appeal

There are 81 Falcon 900LX aircraft in operation today, all of these are wholly owned. 10% are currently leased. North America has the largest percentage of wholly owned Falcon 900LX aircraft (68%), followed by Europe (25%).

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Product Overview

The Gulfstream G650ER is the extended range version of the G650 model. It features larger fuel tanks allowing a maximum gross weight that is 4,000 pounds/1,814 kilograms greater than the G650, and providing flexibility to fly longer routes at higher cruise speeds.

The G650/G650ER fuselage cross section is a unique oval shape with 8 large (28 inch) cabin windows on each side. The wing uses greater sweep (36 degrees) than previous Gulfstream models and no leading-edge high-lift devices. Aircraft controls are completely fly-by-wire. The construction is metal for the fuselage and composite materials for the empennage, winglets and engine cowlings.

As of March 2021, 20% of the Gulfstream G650ER aircraft were purchased pre-owned by their current owners, the other 80% new. 1.5% are for sale with the majority of those (75%) under an exclusive broker agreement. When for sale the average time on the market is 264 days.

Brief History

The Gulfstream G650 began production in 2012 and the G650ER model entered production in 2013. In 2014 four of the 2012 G650’s were upgraded to G650ER models. A total of 266 Gulfstream G650ER aircraft have been produced/modified with one retired and one at the manufacturer.

Worldwide Appeal

There are 264 Gulfstream G650ER aircraft in operation today. The majority of these (262) are wholly owned with 2 in shared ownership. 14% are currently leased. North America has the largest percentage of wholly owned Gulfstream G650ER aircraft (58%), followed by Asia (29%) and Europe (8%).

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Product Overview

The Hawker 800XPI features an added Rockwell Collins’ Pro Line 21 avionics suite with Integrated Flight Information System (IFIS), and a new interior and cabin management system, thus distinguishing it from the Hawker 800XP model, and providing operators more reliable communication and navigation capabilities with less instrument weight and volume.

The 800XPI is almost identical to the Hawker 850XP, both equipped with the same redesigned interior and upgraded avionics, but the XPI does not come with Hawker winglets. Because of their similarities the Hawker 800XPI is often mistaken for a Hawker 850XP.

As of December 2020, 86% of all Hawker 800XPI aircraft were purchased pre-owned by their current owners, the other 14% new. 9.8% are for sale with less than half (40%) under an exclusive broker agreement.  When for sale the average time on the market is 221 days.

Brief History

The Hawker 800XP is a derivative from the design of the UK-built de Havilland/Hawker Siddely, and British Aerospace 125 that was first built in 1962. The HS.125 evolved into the Series 400 through 800 and was produced until 1993 when Raytheon purchased the Series 800 program and the aircraft was renamed the Hawker 800. Production of the Hawker 800XPI ended in 2007 after a total of 51 deliveries.

Worldwide Appeal

There are 51 Hawker 800XPI in operation today. The majority of these (49) are wholly owned with 2 in fractional ownership. 7.8% are currently leased. North America has the largest percentage of wholly owned Hawker 800XPI aircraft (69%), followed by Europe (12%) and Asia (10%).

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Product Overview

The Bombardier Learjet 75 is the newest derivative of the popular Learjet 45XR. Compared to the Learjet 45XR, the Learjet 75 has improved avionics, redesigned winglets yielding better fuel efficiency, and upgraded engines.

As of December 2020, 23% of Learjet 75 aircraft were purchased pre-owned by their current owners, the other 77% new. 3.5% are for sale with all of those under an exclusive broker agreement. When for sale the average time on the market is 263 days.

Brief History

Bombardier received FAA certification for the Learjet 75 on November 14, 2013 and deliveries began shortly thereafter. The 100^th Learjet 75 was delivered in June 2017. The Learjet 75 Liberty is a  lower cost version of the Learjet 75 model and was first delivered in October 2020. A total of 142 Learjet 75 aircraft have been built with 141 in operation and 1 at the manufacturer.

Worldwide Appeal

There are 141 Learjet 75 aircraft in operation today. The majority of these (132) are wholly owned with 1 in shared ownership and 8 in fractional ownership. 7.8% are currently leased. North America has the largest percentage of wholly owned Learjet 75 aircraft (83%), followed by Europe (11%) and South America (4%).

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Product Overview

The Praetor 600 is derived from the Legacy 500 model but has more fuel capacity and more powerful engines. It features a six-foot-tall, flat-floor cabin, stone flooring and a vacuum service lavatory. The eight fully reclining club seats may be berthed into four beds, and the baggage space is the largest in the class. The Praetor 600 is the first super-midsize jet with full fly-by-wire.

High-capacity, ultra-high-speed connectivity for all aboard is available through Viasat’s Ka-band with speeds of up to 16Mbps and unlimited streaming. An optional in-flight entertainment system consists of a high-definition video system, surround sound, and multiple audio and video input options.

As of December 2020, the Praetor 600 market is comprised of all New deliveries and none are for sale in the pre-owned market.

Brief History

First announced at NBAA in October 2018, the Praetor 600 was certified on April 18, 2019 with Brazil’s Civil Aviation Authority (ANAC) and on May 20, 2019 with EASA and FAA. The Praetor 600 super-midsize business jet is a replacement for the Legacy 500 with the first aircraft being delivered in June 2019.

Worldwide Appeal

There are 21 Praetor 600 jets in operation today. All of these are wholly owned. 14.2% are currently leased. North America has the largest percentage of wholly owned Praetor 600 aircraft (60%), followed by Europe (25%).

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Product Overview

The Cessna Citation CJ2 and CJ2+ (Model 525A) are an upgrade of model 525 (CJ/CJ1/M2). They vary most significantly from the Citation 525 series in respect to their markedly increased range and payload capacity. The CJ2+ is an improved version of the CJ2, featuring upgraded engines which provide a slight increase of engine thrust, range, and speed. Both the CJ2 and CJ2+ can be single pilot operated.

As of October 2020, 71% of all Citation CJ2+ aircraft were purchased pre-owned by their current owners, the other 29% new. 7.6% are for sale with more than half of those (71%) under an exclusive broker agreement. When for sale the average time on the market is 264 days.

Brief History

The first delivery of the Cessna Citation CJ2+ occurred in 2005 and the series ended production in 2014. A total of 226 aircraft were produced with 3 now retired. The CJ2+ is the follow-on aircraft of the CJ2, which started production in 2000 and ended in 2006.

Worldwide Appeal

There are 223 Citation CJ2+ jets in operation today. The majority of these (209) are wholly owned with 9 in shared ownership and 5 in fractional ownership. 4.9% are currently leased. North America has the largest percentage of wholly owned Citation CJ2+ aircraft (56%), followed by Europe (30%), and South America (9%).

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Product Overview

The super-midsized G280 is an improved G200 model by way of a 288 nm increase in range, 4,150 pounds of added MGTOW and a reduction of 210 feet in balanced field length. This improved performance is made possible through a redesigned wing based on that of the G550 model, a larger tail and upgraded engines. Other improvements include a 17-inch longer cabin, a cabin accessible baggage compartment and an advanced avionics package. The twin-engine business jet is built by IAI in Israel and completed by Gulfstream Dallas Love Airport.

As of August 2020, 15% of Gulfstream G280 aircraft were purchased pre-owned by their current owners, the other 85% new. 8.6% are for sale with the majority of those (77%) under an exclusive broker agreement. When for sale the average time on the market is 204 days.

Brief History

In 2005 Gulfstream began designing a follow-on to the G200 Model. The new model was initially named the G250 but in 2011 was renamed the Gulfstream G280. Production began in 2011 with full certification received from Israel and the US in September 2012. The Gulfstream G280 is still in production today with a total of 215 produced, 17 of which are at the manufacturer.

Worldwide Appeal

There are 198 Gulfstream G280 jets in operation today. The majority of these (195) are wholly owned with 3 in shared ownership. 19.2% are currently leased. North America has the largest percentage of wholly owned Gulfstream G280 aircraft (84%), followed by Europe (7%) and Asia (6%).

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Product Overview

The Cessna CJ1 model is classified in the Light Jet category with six seats and an enclosed lavatory. The Citation CJ1 improved upon the original CitationJet with an updated EFIS avionics suite and an increased maximum takeoff weight. The CJ1 can be single-pilot operated.

As of June 2020, 88% of the Citation CJ1 aircraft were purchased pre-owned by their current owners, the other 12% new. 11.3% are for sale with more than half of those (64%) under an exclusive broker agreement. When for sale the average time on the market is 367 days.

Brief History

The original CitationJet (model 525) had its first flight in 1991 with FAA Certification in 1992 and then the first delivery in 1993. The Citation CJ1 was the second aircraft in the CitationJet/CJ series which replaced the original model CitationJet (CJ). It began production in 2000 and ended manufacturing in 2005. During that time, a total of 198 aircraft were produced with all but three currently in operation.

Worldwide Appeal

There are 195 Citation CJ1 business jets in operation today. The majority of these (182) are wholly owned with 13 in shared ownership. 6.2% are currently leased. North America has the largest percentage of wholly owned Citation CJ1 aircraft (62%), followed by Europe (17%) and South America (13%).

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