cessna citation - jet sales, acquisition, delivery ... · the jet quest citation market guide is...
TRANSCRIPT
Spring 2017
CESSNA CITATION MARKET GUIDE
SPRING 2017
The Jet Quest Citation Market Guide is published twice annually in the Spring and Fall. As one of the top resellers of Cessna Citations, the Jet Quest team has unique insight into the new and preowned Citation markets. Our team talks with over 100 Citation owners and operators every month and compiles that data to determine leading market factors and forecast market values. We use a variety of industry sources, feedback from our clients and our own Q Rating system to complete a full profile of all the current Citation models and markets.
The Cessna Citation Market Guide is a snapshot of our data and is designed to give you a look into current market trends. The Market Snapshot is based on aircraft currently for sale as of the date of publishing and covers transactions for the previous six months. If you have further questions about any of the markets, please contact our team at [email protected].
The beautiful photos are from our own in-house air-to-air photographer Glenn Watson. We hope you find the data useful and enjoy the beauty of these gorgeous airplanes!
ABOUT THE JET QUEST CITATION MARKET GUIDE
TABLE OF CONTENTSJet Quest Services.......................1-2Citation X+...................................3-4Citation X.....................................5-6Citation Sovereign+....................7-8Citation Sovereign....................9-10Citation Latitude......................11-12Citation XLS+...........................13-14Citation XLS............................15-16Citation Excel..........................17-18Citation CJ4.............................19-20Citation CJ3+...........................21-22Citation CJ3.............................23-24Citation CJ2+...........................25-26Citation CJ2.............................27-28Citation M2...............................29-30Citation CJ1+...........................31-32Citation CJ1.............................33-34Citation Jet 525.......................35-36Citation Mustang....................37-38Citation Encore+.....................39-40Citation Encore.......................41-42Citation Bravo..........................43-44
Purchasing an aircraft is an exciting adventure. Navigating through the process, finding the right airplane and avoiding risks can be complicated. Our team saves our clients time and money through our acquisition service. Some of the areas we help our clients navigate during the acquisition process include: • Financing • Negotiations • Insurance • Aircraft preview • Prebuy oversight
AIRCRAFT TYPESAlthough our focus is on Citations, we help our clients purchase various types of aircraft. Our recent acquisitions include dozens of Citations, a Challenger 300, Lineage 1000 and an Astra jet.
FLAT FEE FOR COMPREHENSIVE SERVICEOur acquisition fee is payable only at time of the sale of your new aircraft. Contact us at [email protected] to learn more about how we can help you find your next aircraft!
JET QUEST ACQUISITIONS
WWW.JET-QUEST.COM
• Aircraft flight profile analysis• Worldwide market search• Ownership and tax structure• Management of closing process• Initiation of aircraft programs
Our exclusive listing service is second to none in the Citation market. Our system, designed exclusively for the sale of Citation jets, reaches more qual-ified Citation buyers, reduces time on the market and maximizes the sellingprice of your aircraft.
FOCUSWith a daily focus on Citation markets, we have insight into short term market fluctuations and can help you capitalize on this expertise.
TEAMWe have the largest non-OEM Citation focused sales team. Your aircraft will be represented to more qualified buyers.
WOWAir to air photos, eye-catching videos and a strategic marketing plan for each aircraft make your aircraft the star of the market.
SOLDWith over 100 years of experience on our team and selling more Citations each year than any other preowned sales company, our team has the knowl-edge and expertise to get your aircraft sold.
JET QUEST EXCLUSIVE LISTINGS
WWW.JET-QUEST.COM
Useful Load14,785 lbs
Max Range3,460 nm
Max Cruise528 kts
Takeoff Distance5,250 ft
AvionicsGarmin G5000
Max Passengers12
CITATION X+
MARKET SNAPSHOT
FLEET SIZE 25# OF AIRCRAFT FOR SALE 2% OF FLEET FOR SALE 8%AVERAGE DAYS ON MARKET 100PRE-OWNED TRANSACTIONS 0NEW DELIVERIES 1
CITATION X+ MARKET SUMMARYThe preowned Citation X+ market has very limited activity due to total fleet size. Two preowned aircraft traded in 2016 and were priced in the $15.0 million range. New aircraft are priced in the $23 million range and discounts are common. We anticipate the activity in this market to remain limited.
DESIRABLE OPTIONS FANS-1/A, CPDLC, FDR, Wifi OR SALE BY JET-QUEST - FOR SALE
WWW.JET-QUEST.COM
COMMON UPGRADE PATHCitation Excel - Citation X+ - Gulfstream G200
PRICE RANGE: $15,000,000-16,000,000AVERAGE HOURLY COST: $2,430
Useful Load14,300 lbs
Max Range3,300 nm
Max Cruise525 ktas
Takeoff Distance5,140 ft
AvionicsHoneywell
Primus 20000
Max Passengers9
CITATION X Serial # 750-0278 For Sale
CITATION X MARKET SUMMARYThe classic Citation X market has three segments: pre serial #750-0173, post 750-0173 and 2010 and up. Pre-173 aircraft represent excellent values currently and can be bought close to $2.5 million. The post-173 aircraft are more desirable for European operations and bring a $1.0-2.0 premium over earlier aircraft. The 2010 and later, which include winglets as a standard option, are priced in the $8.0-9.0 million range.DESIRABLE OPTIONSWinglets, belted lav, IPECO seats, Aileron regearing mod, FMS upgrades
MARKET SNAPSHOT
FLEET SIZE 309# OF AIRCRAFT FOR SALE 48% OF FLEET FOR SALE 15%AVERAGE DAYS ON MARKET 492PRE-OWNED TRANSACTIONS 9NEW DELIVERIES 0
PRICE RANGE: $2,650,000-$9,700,000AVERAGE HOURLY COST: $2,550
COMMON UPGRADE PATHCitation VII - Citation X - Falcon 2000
WWW.JET-QUEST.COMWWW.JET-QUEST.COM
Useful Load12,790 lbs
Max Range3,200 nm
Max Cruise460 kts
Takeoff Distance3530 ft
AvionicsGarmin G5000
Max Passengers12
CITATION SOVEREIGN+
MARKET SNAPSHOT
FLEET SIZE 70# OF AIRCRAFT FOR SALE 6% OF FLEET FOR SALE 9.1%AVERAGE DAYS ON MARKET 265PRE-OWNED TRANSACTIONS 3NEW DELIVERIES 5
CITATION SOVEREIGN+ MARKET SUMMARYThe preowned Sovereign+ market is developing as the fleet size grows. Several preowned aircraft were sold in 2016 and activity has remained strong into 2017. The nine and ten passenger configurations are the most desirable and buyers prefer aircraft enrolled on all the programs. New Sovereign+ are priced in the $18.0 million range and there is availability for 2017.
DESIRABLE OPTIONS Wifi, ADS-B, CPDLC
PRICE RANGE: $11,000,000-$14,500,000AVERAGE HOURLY COST: $1,560
COMMON UPGRADE PATHCitation Excel - Citation Sovereign+
WWW.JET-QUEST.COM
CITATION SOVEREIGNSN# 680-0077 FOR SALE
Useful Load12,500 lbs
Max Range3,000 nm
Max Cruise458 kts
Takeoff Distance 3640 ft
AvionicsHoneywell Primus
EPIC 5000
Max Passengers12
CITATION SOVEREIGN Serial # 680-0077 For Sale
CITATION SOVEREIGN MARKET SUMMARYThe Sovereign preowned market is active. Buyers are seeking aircraft enrolled on programs, nine and ten pas-senger interiors and prefer aircraft that have always been based in the US.
DESIRABLE OPTIONS Wifi, Side facing seat
MARKET SNAPSHOT
FLEET SIZE 348# OF AIRCRAFT FOR SALE 40% OF FLEET FOR SALE 11%AVERAGE DAYS ON MARKET 330PRE-OWNED TRANSACTIONS 12NEW DELIVERIES 0
PRICE RANGE: $5,250,000-$9,000,000AVERAGE HOURLY COST: $1,640
COMMON UPGRADE PATHCitation Ultra - Citation Sovereign - Citation Sovereign+
WWW.JET-QUEST.COM
Useful Load12,394 lbs
Max Range2,850 nm
Max Cruise446 kts
Takeoff Distance3580 ft
AvionicsGarmin G5000
Max Passengers9
CITATION LATITUDE
CITATION LATITUDE MARKET SUMMARYThere are currently four preowned Latitudes for sale and all are priced in the $13.8 million range. Cessna intro-duced a new interior in 2016 which will impact future re-sale values. New aircraft are priced in the $16.0 million range. We expect to see substantial activity in this market over the next six months as buyers are very excited about the wider interior.
DESIRABLE OPTIONS Nine passenger interiorFOR SALE BY JET-QUEST - FOR SALE BY JET-
MARKET SNAPSHOT
FLEET SIZE 64# OF AIRCRAFT FOR SALE 4% OF FLEET FOR SALE 6.2%AVERAGE DAYS ON MARKET 88PRE-OWNED TRANSACTIONS 0NEW DELIVERIES 18
PRICE RANGE: $13,800,000-$16,000,000AVERAGE HOURLY COST: $1,650
COMMON UPGRADE PATHCitation Excel - Citation Latitude
WWW.JET-QUEST.COM
Useful Load7,540 lbs
Max Range2,100 nm
Max Cruise441 kts
Takeoff Distance3560 ft
AvionicsCollins Proline 21
Max Passengers9
CITATION XLS+
CITATION XLS+ MARKET SUMMARYThe preowned Citation XLS+ market is very active. Market prices saw a steep decline in 2016, putting the XLS+ more in line with its predecessor, the XLS. Buyers prefer airplanes fully enrolled on programs with the nine passenger interior. New XLS+ are available and priced in the $13.0 million range and discounts are common.
DESIRABLE OPTIONS Engine program, Wifi
MARKET SNAPSHOT
FLEET SIZE 221# OF AIRCRAFT FOR SALE 20% OF FLEET FOR SALE 9%AVERAGE DAYS ON MARKET 280PRE-OWNED TRANSACTIONS 6NEW DELIVERIES 2
PRICE RANGE: $5,550,000-$8,995,000AVERAGE HOURLY COST: $1,480
COMMON UPGRADE PATHCitation Excel - Citation XLS+ - Citation Latitude
WWW.JET-QUEST.COM
Useful Load7,400 lbs
Max Range1,900 nm
Max Cruise440 kts
Takeoff Distance3,560 ft
AvionicsHoneywell
Primus 1000
Max Passengers9
CITATION XLS
CITATION XLS MARKET SUMMARYThe Citation XLS market is very active. Although buyers prefer aircraft enrolled on programs, some will consider non-programmed aircraft. The nine passenger interior is the most desired option and we are seeing a higher demand for wifi.
DESIRABLE OPTIONS Nine passenger interior
COMMON UPGRADE PATHCitation Encore - Citation XLS - Citation Sovereign
MARKET SNAPSHOT
FLEET SIZE 330# OF AIRCRAFT FOR SALE 23% OF FLEET FOR SALE 6.9%AVERAGE DAYS ON MARKET 220PRE-OWNED TRANSACTIONS 13NEW DELIVERIES 0
PRICE RANGE: $3,450,000-$4,995,000AVERAGE HOURLY COST: $1,495
WWW.JET-QUEST.COM
Useful Load7,200 lbs
Max Range1,750 nm
Max Cruise430 kts
Takeoff Distance3,560 ft
Max Passengers9
CITATION EXCEL
AvionicsHoneywell
Primus 1000
Serial # 560-5300 SOLD
CITATION EXCEL MARKET SUMMARYThe Citation Excel market is very active. Buyers prefer the nine passenger interior equipped with dual FMS and most buyers prefer aircraft enrolled on programs.
DESIRABLE OPTIONS Dual FMS, Nine Passenger Interior, Externally Serviceable Lav
MARKET SNAPSHOT
FLEET SIZE 371# OF AIRCRAFT FOR SALE 23% OF FLEET FOR SALE 6.1%AVERAGE DAYS ON MARKET 145PRE-OWNED TRANSACTIONS 17NEW DELIVERIES 0
PRICE RANGE: $1,425,000-$3,590,000AVERAGE HOURLY COST: $1,550
COMMON UPGRADE PATHCitation Ultra - Citation Excel - Citation Sovereign
WWW.JET-QUEST.COM
Useful Load6,950 lbs
Max Range2,165 nm
Max Cruise451 kts
Takeoff Distance3,410 ft
AvionicsCollins Proline 21
4-tube
Max Passengers10
CITATION CJ4 Serial # 525C-0152 SOLD
CITATION CJ4 MARKET SUMMARYThe Citation CJ4 market saw a large increase in sup-ply in late 2016 which resulted in a decline in market prices. Buyers prefer post-100 serial number aircraft and are willing to pay a premium for the later models. New CJ4s are available in the $9.3 range with good availability for 2017.
DESIRABLE OPTIONS Wifi, Nine passenger interior, Externally serviceable lavFOR
MARKET SNAPSHOT
FLEET SIZE 234# OF AIRCRAFT FOR SALE 19% OF FLEET FOR SALE 8%AVERAGE DAYS ON MARKET 312PRE-OWNED TRANSACTIONS 6NEW DELIVERIES 6
PRICE RANGE: $5,795,000-$9,000,000AVERAGE HOURLY COST: $1,275
COMMON UPGRADE PATHCitation CJ3 - Citation CJ4 - Citation Sovereign
WWW.JET-QUEST.COM
Useful Load5,530 lbs
Max Range2,040 nm
Max Cruise416 kts
Takeoff Distance3,180 ft
AvionicsGarmin G3000
Max Passengers9
CITATION CJ3+
CITATION CJ3+ MARKET SUMMARYNo Citation CJ3+ have sold on the preowned market yet. New aircraft are listed in the $8.3 million range.
DESIRABLE OPTIONSWifiQUEST -
MARKET SNAPSHOT
FLEET SIZE 58# OF AIRCRAFT FOR SALE 0% OF FLEET FOR SALE 0%AVERAGE DAYS ON MARKET 0PRE-OWNED TRANSACTIONS 2NEW DELIVERIES 7
PRICE RANGE: $8,300,000AVERAGE HOURLY COST: $1,150
COMMON UPGRADE PATHCitation M2 - Citation CJ3+
WWW.JET-QUEST.COM
Useful Load5,170 lbs
Max Range1,900 nm
Max Cruise416 kts
Takeoff Distance3,180 ft
AvionicsCollins Proline 21
3 Tube
Max Passengers8
CITATION CJ3
CITATION CJ3 MARKET SUMMARYThe Citation CJ3 market saw a large loss in value in 2016 due to a large increase in the number of aircraft for sale. The CJ3s currently represent some of the best buys in the market, as some can be purchased for less than similar CJ2+ aircraft. We expect this market to see an increase in activity due to the value over the next twelve months.
COMMON UPGRADE PATHCitation CJ2 - Citation CJ3 - Citation CJ4
DESIRABLE OPTIONS Forward side facing seat, WAAS/LPV, Wifi, Airstair door
MARKET SNAPSHOT
FLEET SIZE 412# OF AIRCRAFT FOR SALE 35% OF FLEET FOR SALE 8.4%AVERAGE DAYS ON MARKET 313PRE-OWNED TRANSACTIONS 21NEW DELIVERIES 0
PRICE RANGE: $2,999,999-$4,950,000AVERAGE HOURLY COST: $1,250
WWW.JET-QUEST.COM
Useful Load4,600 lbs
Max Range1,500 nm
Max Cruise416 kts
Takeoff Distance3,360 ft
AvionicsCollins Proline 21
3 Tube
Max Passengers8
CITATION CJ2+
CITATION CJ2+ MARKET SUMMARYThe Citation CJ2+ market is very active. The aircraft is a popular choice with European buyers, so EASA equipped aircraft tend to sell faster. Buyers prefer later serial numbers and are willing to pay a premium for those aircraft.
DESIRABLE OPTIONSAirstair door, WiFi
MARKET SNAPSHOT
FLEET SIZE 225# OF AIRCRAFT FOR SALE 20% OF FLEET FOR SALE 8.5%AVERAGE DAYS ON MARKET 164PRE-OWNED TRANSACTIONS 13NEW DELIVERIES 0
PRICE RANGE: $3,100,000-$4,600,000AVERAGE HOURLY COST: $1,150
COMMON UPGRADE PATHCitation CJ1+ - Citation CJ2+ - Citation CJ4
WWW.JET-QUEST.COM
Useful Load4,475 lbs
Max Range1,500 nm
Max Cruise416 kts
Takeoff Distance3,420 ft
AvionicsCollins Proline 21
2 Tube
Max Passengers8
CITATION CJ2
CITATION CJ2 MARKET SUMMARYThe Citation CJ2 market is active. Buyers prefer later serial numbers and three tube EFIS aircraft, and air-craft will all the desirable options will bring a premium. We anticipate this market will remain steady for the next twelve months.
DESIRABLE OPTIONS 3 tube EFIS, Garmin 530s, Forward side facing seat, WAAS/LPV, Airstair door R SALE BY JET-QUEST - FOR SALE BY JET-
MARKET SNAPSHOT
FLEET SIZE 237# OF AIRCRAFT FOR SALE 20% OF FLEET FOR SALE 8.4%AVERAGE DAYS ON MARKET 140PRE-OWNED TRANSACTIONS 10NEW DELIVERIES 0
PRICE RANGE: $2,200,000-$2,725,000AVERAGE HOURLY COST: $1,050
COMMON UPGRADE PATHCitation 525 - Citation CJ2 - Citation CJ3
WWW.JET-QUEST.COM
Useful Load3,810 lbs
Max Range1,550 nm
Max Cruise404 kts
Takeoff Distance3,210 ft
AvionicsGarmin G3000
Max Passengers7
CITATION M2
CITATION M2 MARKET SUMMARYThe M2 impoves upon the popular 525 series with updated Garmin G3000 avionics, winglets and a re-designed interior. The preowned M2 market matured in 2016 with over a dozen transactions. The list price on new M2s is around $4.6 million.
DESIRABLE OPTIONS Synthetic vision, Wifi
MARKET SNAPSHOT
FLEET SIZE 145# OF AIRCRAFT FOR SALE 10% OF FLEET FOR SALE 7.2%AVERAGE DAYS ON MARKET 100PRE-OWNED TRANSACTIONS 4NEW DELIVERIES 21
PRICE RANGE: $3,600,000-$3,800,000AVERAGE HOURLY COST: $923
COMMON UPGRADE PATHCitation Mustang - Citation M2 - Citation CJ3+
WWW.JET-QUEST.COM
Useful Load3,750 lbs
Max Range1,295 nm
Max Cruise380 kts
Takeoff Distance3,250 ft
AvionicsCollins Proline 21
3 Tube
Max Passengers6
CITATION CJ1+
CITATION CJ1+ MARKET SUMMARYThe Citation CJ1+ market is active. Downward price pressure from the CJ2s and decreasing prices on the CJ1 have impacted the market.
DESIRABLE OPTIONS Airstair door, TCAS-II
MARKET SNAPSHOT
FLEET SIZE 102# OF AIRCRAFT FOR SALE 7% OF FLEET FOR SALE 6.9%AVERAGE DAYS ON MARKET 300PRE-OWNED TRANSACTIONS 7NEW DELIVERIES 0
PRICE RANGE: $1,600,000-$1,800,000AVERAGE HOURLY COST: $960
COMMON UPGRADE PATHCitation CJ1 - Citation CJ1+ - Citation CJ2+
WWW.JET-QUEST.COM
Useful Load3,560 lbs
Max Range1,290 nm
Max Cruise380 kts
Takeoff Distance3,280 ft
AvionicsCollins Proline 21
2 Tube
Max Passengers6
CITATION CJ1 Serial # 525-0427 SOLD
CITATION CJ1 MARKET SUMMARYThe Citation CJ1 market is active. Prices are hov-ering just above the straight 525 market, and buyers are often paying a little bit more for the newer CJ1. Buyers are sensitive to both total time and engine programs.
DESIRABLE OPTIONS 3 tube EFIS, Airstair door
MARKET SNAPSHOT
FLEET SIZE 198# OF AIRCRAFT FOR SALE 25% OF FLEET FOR SALE 12.8%AVERAGE DAYS ON MARKET 300PRE-OWNED TRANSACTIONS 18NEW DELIVERIES 0
PRICE RANGE: $1,400,000-$1,600,000AVERAGE HOURLY COST: $975
COMMON UPGRADE PATHKingAir C90B - Citation CJ1 - Citation CJ2
WWW.JET-QUEST.COM
Useful Load3,450 lbs
Max Range1,250 nm
Max Cruise380 kts
Takeoff Distance3,430 ft
AvionicsKing Gold Crown
Max Passengers6
CITATIONJET 525 Serial # 525-0240 For Sale
CITATION 525 MARKET SUMMARYThe Citation Jet 525 market remains one of the most active in the fleet. Many buyers plan to do avionics upgrades including installation of the Garmin G1000 and the Garmin 750 systems. Total time and engine programs are the two biggest drivers in price.
DESIRABLE OPTIONS Garmin G1000, Garmin 750s, Belted lav
MARKET SNAPSHOT
FLEET SIZE 359# OF AIRCRAFT FOR SALE 41% OF FLEET FOR SALE 11.8%AVERAGE DAYS ON MARKET 300PRE-OWNED TRANSACTIONS 31NEW DELIVERIES 0
PRICE RANGE: $1,100,000-$1,300,000AVERAGE HOURLY COST: $990
COMMON UPGRADE PATHCitation I/SP - Citation 525 - Citation CJ2
WWW.JET-QUEST.COM
Useful Load3,310lbs
Max Range1,200 nm
Max Cruise340 kts
Takeoff Distance3,110 ft
AvionicsGarmin G1000
Max Passengers5
CITATION MUSTANG
CITATION MUSTANG MARKET SUMMARYThe Citation Mustang market is very active. Buyers are sensitive to total time and prefer aircraft enrolled on engine programs. The last new Mustang will be sold in 2017, and the list price is in the $3.4 range.
DESIRABLE OPTIONS Synthetic vision, High Sierra Edition
MARKET SNAPSHOT
FLEET SIZE 474# OF AIRCRAFT FOR SALE 48% OF FLEET FOR SALE 10%AVERAGE DAYS ON MARKET 367PRE-OWNED TRANSACTIONS 20NEW DELIVERIES 5
PRICE RANGE: $1,250,000-$2,995,000AVERAGE HOURLY COST: $838
COMMON UPGRADE PATHPiper Meridian - Citation Mustang - Citation M2
WWW.JET-QUEST.COM
Useful Load6,530 lbs
Max Range1,494 nm
Max Cruise428 kts
Takeoff Distance3,520 ft
AvionicsCollins Proline 21
3-tube
Max Passengers10
CITATION ENCORE+
CITATION ENCORE+ MARKET SUMMARYThe Encore+ market is limited due to the total fleet size. The aircraft is a popular option as it offers Pro Line 21 avionics and excellent payload capabilities. There are currently only two aircraft for sale, and we expect the availability to remain limited in 2017. This market follows the Citation CJ3 market.
DESIRABLE OPTIONS IFIS
MARKET SNAPSHOT
FLEET SIZE 65# OF AIRCRAFT FOR SALE 2% OF FLEET FOR SALE 3.1%AVERAGE DAYS ON MARKET 571PRE-OWNED TRANSACTIONS 4NEW DELIVERIES 0
PRICE RANGE: $3,600,000-3,995,000AVERAGE HOURLY COST: $1,400
COMMON UPGRADE PATHKing Air B200 - Citation Encore+ - Citation XLS+
WWW.JET-QUEST.COM
Useful Load6,280 lbs
Max Range1,410 nm
Max Cruise426 kts
Takeoff Distance3,490 ft
AvionicsHoneywell
Primus 1000
Max Passengers9
CITATION ENCORE
CITATION ENCORE MARKET SUMMARYThe Citation Encore market is active. It is one of the few aircraft that buyers will consider a non pro-grammed airplane without a significant loss in value. We expect this market to remain steady over the next twelve months.
DESIRABLE OPTIONS TCAS-II
MARKET SNAPSHOT
FLEET SIZE 164# OF AIRCRAFT FOR SALE 15% OF FLEET FOR SALE 9.1%AVERAGE DAYS ON MARKET 571PRE-OWNED TRANSACTIONS 4NEW DELIVERIES 0
PRICE RANGE: $2,500,000-$3,250,000AVERAGE HOURLY COST: $1,450
COMMON UPGRADE PATHCitation Ultra - Citation Encore - Citation XLS
WWW.JET-QUEST.COM
Useful Load5,420 lbs
Max Range1,650 nm
Max Cruise385 kts
Takeoff Distance3,600 ft
Max Passengers8
CITATION BRAVO
AvionicsHoneywell
Primus 1000
Serial # 550-1077 For Sale
CITATION BRAVO MARKET SUMMARYThe Citation Bravo market has been very active in early 2017. Buyers are seeking low time aircraft enrolled in programs and are willing to pay a premium. Aircraft with higher engine times and no programs are not desirable and have seen a significant loss in value.
DESIRABLE OPTIONS TCAS-II
MARKET SNAPSHOT
FLEET SIZE 329# OF AIRCRAFT FOR SALE 53% OF FLEET FOR SALE 16.1%AVERAGE DAYS ON MARKET 304PRE-OWNED TRANSACTIONS 12NEW DELIVERIES 0
PRICE RANGE: $850,000-$2,495,000AVERAGE HOURLY COST: $1,200
COMMON UPGRADE PATHCitation 525 - Citation Bravo - Citation Excel
WWW.JET-QUEST.COM
FAX 512-864-2408 1-800-Buy-A-Jet
Citation Focused. Client Driven
3011 Dawn Drive Suite 101Georgetown, TX 78628
[email protected] 512-864-2400