Gulfstream G200, Gulfstream G280
The Gulfstream G200 continues to have a fairly stable amount of inventory for sale. Currently there are 34 aircraft for sale which is 14% of the aircraft production. This is a high number compared to other jets in this category. There were eight retail transactions during the fourth quarter. We are seeing low average days on market as new listings are being sold fairly quickly. Prices are continuing to decline with the G200.
As you can see there are only two Gulfstream G280 aircraft listed for sale at this time; one is US based. There were no retail transactions during the fourth quarter. It is surprising that there have not been more owners upgrading from the G280 at this time. Will 2018 be the year when we see the amount of transactions increase? Time will tell.