Aircraft Overviews

Product Overview

A derivative of the Learjet 60, the Learjet 60XR is a mid-size medium-range business jet and is the largest of the Learjet family. It incorporates new fuel-efficient engines, a wider, stretched fuselage, a glass cockpit, and a steer-by-wire nose wheel. Thrust reversers and single-point refueling are also standard equipment along with an updated interior including a full galley, together with an aft toilet.

As of August 2021, 86% of all Learjet 60XR were purchased pre-owned by their current owners, the other 14% new. 5.4% are for sale with the majority of those (83%) under an exclusive broker agreement. When for sale the average time on the market is 120 days.

Brief History

The original Learjet 60 was announced in October 1990 as the replacement for the mid-size Model 55C, from which it is derived. Production of the Learjet 60 ended in 2007 after 316 aircraft had been built. The Learjet 60XR was launched in 2005 with its first flight in 2006 and first delivered in 2007. Production ended in 2013 with a total of 114 Learjet 60XR aircraft manufactured. 3 have been retired.

Worldwide Appeal

There are 111 Learjet 60XR aircraft in operation today, all of which are wholly owned. 2.7% are currently leased. North America has the largest percentage of wholly owned Learjet 60XR aircraft (67%), followed by Asia (12%) and South America (12%).

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Product Overview

The Boeing BBJ (Business Jet) is an ultra-long-range twin-turbofan jet based on the Boeing 737 passenger jet, using the fuselage of the 737-700 with the strengthened wings and landing gear of the larger 737-800. The Boeing BBJ is also known as a Boeing model 737-700IGW (Increased Gross Weight).

As of August 2021, 54% of all Boeing BBJ aircraft were purchased pre-owned by their current owners, the other 46% new. 6.2% are for sale with the majority of those (87.5%) under an exclusive broker agreement. When for sale the average time on the market is 254 days.

Brief History

The Boeing BBJ began production in 1997 and continues to be manufactured today. The BBJ first flight was in September 1998 with the first delivery in October 1998. During that time, a total of 132 aircraft have been produced with two retired.

Worldwide Appeal

There are 130 Boeing BBJ aircraft in operation today, all of those are wholly owned. 5.4% are currently leased. North America has the largest percentage of wholly owned Boeing BBJ aircraft (36%), followed by Asia (34%), and Europe (21%).

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Product Overview

The Challenger 605 is a derivative of the Challenger 604. Improvements over the 604 design include larger and higher-positioned cabin windows and a new rounded tailcone. Cockpit instrumentation was also updated with Rockwell Collins Pro Line 21 suite and Electronic Flight Bag capability.

As of August 2021, 68% of all Challenger 605 aircraft were purchased pre-owned by their current owners, the other 32% new. 4.9% are for sale with the majority of those (79%) under an exclusive broker agreement. When for sale the average time on the market 261 days.

Brief History

Bombardier introduced its Challenger 604 model in 1995 as a major upgrade on the Challenger 601 design. Ten years later the Challenger 605 was introduced as the next model in the Challenger series, with its first flight in January 2006. The 200^th Challenger 605 entered service in October 2012 and the last was delivered in 2015. A total of 288 Challenger 605 aircraft were manufactured with one retired.

Worldwide Appeal

There are 287 Challenger 605 aircraft in operation today. The majority of those (280) are wholly owned with 5 in shared ownership and 2 in fractional ownership. 8% are currently leased. North America has the largest percentage of wholly owned Challenger 605 aircraft (60%), followed Asia (19%), and Europe (14%).

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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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