Phenom 100, Phenom 300
The Phenom 100 market is showing no signs of slowing down coming into the third quarter of 2018. Inventories have dropped once again to just 14 aircraft for sale, which is just 4.7% of the active fleet. This is compared to 40 Phenom 100’s for sale last year at this time. Even with the depletion of inventory, transactions increased from last quarter producing 10 transactions in Q2 of 2018. Pricing is steady, but certain model years/configurations have shown increases in the second quarter of 2018. This market certainly shows all signs of a seller’s market. However, for those considering purchasing a Phenom 100, you can’t go wrong with joining a market this strong for resale purposes down the road.
Last quarter we mentioned that buyers are struggling to find US-based Phenom 300’s with desirable specifications. The market answered with more US-based aircraft listings, with desirable options such as G3000 and the 8 place seating. Even with inventories rising in the 2nd quarter of 2018, only 3.8% of the active fleet is listed for sale. As far as transactions, we are slightly off the pace of 2017, where 11 aircraft had sold by this time. However, transactions are trending upward as Q2 2018 produced 6 transactions, up from the 3 sold in Q1 2018. With prices strong and inventory still relatively low, this market remains an excellent environment for sellers of this popular aircraft.