Corporate Jet Market Trends: Q2 2023 Overview

The corporate jet market has experienced a robust growth trajectory during the second quarter of 2023, showcasing the industry's resilience and the increasing demand for private aviation. This blog post will delve into the market trends of prominent aircraft models, namely Challenger, Bombardier Global, Gulfstream, and Dassault Falcon jets. Additionally, we will highlight Jet Evolution's active involvement in sales, acquisitions, and leasing of these aircraft, providing clients with comprehensive solutions tailored to their needs.

Challenger Series:

Renowned for its reliability and exceptional performance, the Challenger series by Bombardier Aerospace continues to be a preferred choice among business jet buyers. In Q2 2023, the market sustained demand for two popular models: the Challenger 350 and Challenger 650. The Challenger 350 offers a blend of range, speed, and cabin comfort, making it ideal for shorter trips. On the other hand, the Challenger 650 boasts impressive range capabilities and a spacious cabin to accommodate larger groups. Currently, there are approximately 50 Challenger jets listed for sale, ranging in price from $6 million for a late 1990s vintage Challenger 604 to $23 million for a 2-year-old Challenger 650.

Bombardier Global:

The Bombardier Global series has consistently raised the bar for long-range business jets, delivering exceptional performance, luxurious interiors, and advanced technology. In Q2 2023, the market experienced a notable surge in demand for almost new sought-after models: the Bombardier Global 6000 and Global 7500. The Global 6000 offers transcontinental range capabilities and a spacious, comfortable cabin, while the Global 7500 boasts the industry's longest range and a luxurious interior that redefines in-flight comfort. Presently, there are around 70 Bombardier Global jets listed for sale, with prices ranging from $9 million for a late 1990s Global Express up to $76 million for an almost new Global 7500.

Gulfstream:

Synonymous with luxury and performance, Gulfstream jets have consistently appealed to corporate jet buyers. In Q2 2023, the market witnessed a strong demand for the Gulfstream G650 and G650ER models. The G650 combines best-in-class speed, range, and cutting-edge avionics, making it a top choice for those seeking ultimate performance. The G650ER offers extended-range capabilities, ensuring non-stop flights on intercontinental routes. Currently, there are approximately 160 Gulfstream jets listed for sale, with prices ranging from $2 million for a 2001 G-100 up to $75 million for a state-of-the-art G-700.

Dassault Falcon:

The Dassault Falcon series is renowned for its superior aerodynamics, fuel efficiency, and exquisite craftsmanship. In Q2 2023, the market continued to show interest in the Falcon 8X and Falcon 900LX models. The Falcon 8X offers exceptional range capabilities, luxurious interiors, and advanced technology, making it an ideal choice for long-haul flights. The Falcon 900LX combines performance, comfort, and efficiency, providing a versatile solution for business jet travel. Currently, there are about 75 Dassault Falcon jets listed for sale, ranging in price from $3 million for a vintage Falcon 2000 to $75 million for the highly-anticipated Falcon 10X.

The second quarter of 2023 witnessed a thriving corporate jet market, with strong demand for Challenger, Bombardier Global, Gulfstream, and Dassault Falcon jets. Jet Evolution's active involvement in multiple sales, acquisitions, and leases of these aircraft models highlights its deep understanding of the market and its commitment to serving the needs of its clients. With several jets listed for sale in each category and varying price ranges, Jet Evolution's expertise and personalized approach position them as an invaluable partner for anyone considering buying, selling, or leasing a corporate jet.

Jet Evolution: Your Partner in Corporate Jet Solutions:

With an impressive track record of facilitating sales, acquisitions, and leasing of a wide range of corporate jets, Jet Evolution stands as a trusted partner in the aviation industry. Leveraging their expertise and extensive network of industry contacts, they provide tailored solutions to clients looking to buy, sell, or lease Challenger, Bombardier Global, Gulfstream, and Dassault Falcon aircraft. By understanding the specific requirements of their clients, Jet Evolution ensures successful transactions and long-term client satisfaction. Please contact our sales and research team for the full corporate jet comparison breakdown. Our world-class sales and research team worked tirelessly so that our clients can enter the market understanding what aircraft they require to satisfy their aviation needs. Your time is precious. Spend it wisely – with Jet Evolution.