Hawker 800XP, Hawker 850XP, Hawker 900XP
Hawker 800XP inventory is up and transactions are down as we move into the first quarter of 2019. There are currently 53 800XP’s for sale, representing 13% of the active fleet. Inventory is the highest it’s been since the fourth quarter of 2016. Transactions slowed to just five sales in the fourth quarter of 2018, the lowest number in two years. Even with a weak fourth quarter, total transactions for 2018 did surpass the number of sales in 2017. There were a total of 58 sales during 2018, up from the 50 sales in 2017. This is mainly the result of the very active first three quarters of 2018. After pricing dropped substantially halfway through 2018, things have remained level as we head into 2019. With inventory on the rise, and transactions slowing, this market still remains a great environment for buyers.
The fourth quarter of 2018 only produced one 850XP transaction, but it was enough to bump 2018 total transactions past the number sold in 2017. There were 15 850XP transactions in 2018, slightly up from the 14 that sold in 2017. Inventory crept up to 11 aircraft for sale, compared to the nine aircraft that were on the market last quarter. Compared to a year ago, current inventory levels are down a bit from the 12 that were listed during the fourth quarter of 2017. Currently 11% of the active fleet is listed for sale. Look for transactions to recover after a slow fourth quarter, as there are numerous US based options for buyers to choose from. With pricing holding steady, and over 10% of the fleet to choose from, this market provides excellent opportunities for both buyers and sellers.
The 900XP market ended 2018 strong, producing eight transactions; more than any quarter in the past year. That also ties Q4 2017 for the most transactions in the past two years. 2018 totaled 20 transactions, down slightly compared to the 22 transactions in 2017. However, inventory during 2017 averaged 25% higher compared to 2018. There are currently 15 900XP aircraft for sale. This is down compared to a year ago, where 21 900XP’s were listed for sale. Increased demand has kept pricing strong for the second consecutive quarter. With stable pricing and increased activity, both buyers and sellers can enjoy the current state of the 900XP market.