Hawker 800XP, Hawker 850XP, Hawker 900XP
Attractive prices have caused a drop in inventory and transactions are holding steady coming into the fourth quarter of 2018. Currently, there are 47 800XP’s listed for sale, down comparably from last quarter where 50 aircraft were on the market. Currently, 11.4% of the active fleet is for sale. There were 15 transactions in Q3, which is the same as the prior quarter. 49 800XP’s have sold so far in 2018, up considerably compared to 2017 where 40 had sold YTD. Pricing had remained relatively flat for numerous quarters but took a hit in Q3 2018. With over 11% of the active fleet for sale, and prices dropping considerably, now may be the best time to purchase a Hawker 800XP in the past two years.
A big second quarter resulted in lower inventory and fewer transactions heading into the fourth quarter of 2018. Currently, only nine aircraft are listed for sale. This is the lowest we’ve seen inventory in the past two years. Transactions also slowed in the third quarter, only producing three sales. This is mainly due to the active second quarter of 2018 where 13 aircraft were listed for sale, and there were eight transactions. We are still ahead of last years pace of 10 sales YTD, with 2018 producing 15 sales so far. Pricing dropped slightly this past quarter, but at a rate similar to prior quarters. With proven demand in this segment, and competition declining, it is still a great time to be selling your 850XP.
The 900XP market is relatively unchanged from Q2, with inventory and transactions holding steady as we head into the fourth quarter of 2018. Currently, there are 14 900XP’s for sale, up just slightly from Q2 where 13 aircraft were for sale. Looking back a year ago, 19 900XP’s were listed, which is significantly higher than where we are today. Transactions held steady at five sales, showing there is a consistent demand for the aircraft. There have been 12 sales so far this year, just off last years pace of 14 sales in 2017 YTD. However, we need to take into consideration there was more inventory to choose from during 2017 than there has been this year. Pricing dropped once again in the third quarter, but at a rate similar to prior quarters. With inventory, transactions, and pricing holding steady, this market remains balanced for both buyers and sellers.