Entries in Chris Reynolds (2)
Gulfstream G550 Pre-Owned Market at a Glance
Friday, February 16, 2018 at 9:54AM Thirty of the 550 G550s in the fleet have sold in the last year
Credit: Gulfstream Aerospace
By Chris Reynolds, ASA | Editor/Aircraft Appraiser | Aircraft Bluebook
Aircraft Bluebook At-a-Glance has reviewed the current market status of the Gulfstream G550 business jet. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry web site and various trade services.
Demand
The G550 fleet sits at approximately 550 active aircraft. At the time of this writing (December 2017), approximately 20 to 25 G550s, representing approximately 4.5 percent of the active fleet, were reported for sale. Over the last year, approximately 30 sales appear to have occurred with the days on market ranging anywhere from 200 to 300+ days.
Pricing
Current offerings in the G550 market range from $15 million to $37 million. Airframe time varies from 1000 hours to greater than 10,000 hours, depending on the year-model. Equipment including upgrades ...
Download the full Winter 2017 issue of Aircraft Bluebook Marketline to read more.
Used Business Aircraft Market: Better Weather, Cleared for the Visual
Tuesday, June 13, 2017 at 2:42PM By Chris Reynolds, ASA | Editor/Aircraft Appraiser | Aviation Week Network
Pre-owned business turboprop and jet transactions are on the incline. Pricing is competitive with better-than-average inventories from which to choose. Time and condition play a critical role in each aircraft market segment. Well-maintained, up-to-date aircraft are selling at better-than-average exposure time when priced appropriately.