Read Jay Mesinger’s article from AvBuyer Magazine’s March 2016 issue from the Aviation Leadership Roundtable section. Also read at: AvBuyer.com
We are proud to exclusively represent for immediate sale a 2013 model Bombardier Challenger 300, Serial Number 20415, Registration Number N85BE. This is a one U.S. owner, highly equipped beautiful airplane with the desirable double club interior configuration. This aircraft was delivered new from the factory with the Collins Proline 21 Advanced Avionics package which is the same avionics package included in the current production Challenger 350. And, additional options include the installation of Link 2000+ (ATN B1 CPDLC), ADS-B Out, TCAS 7.1, WAAS, ATG-5000 GoGo Biz High Speed Internet with Wi-Fi and the Text and Talk feature and more. The engines and APU are also enrolled on the Honeywell MSP program and the airframe is enrolled on the Bombardier SMART PARTS program. The owner of the Challenger 300 S/N 20415 is based in Columbus, OH and it has been professionally managed by a Part 91 flight department since it was new.
Bombardier started developing the Challenger 300 in 1999 as a “clean-sheet design” and they delivered the first customer aircraft in 2003. The Challenger 300 has been a very successful product for Bombardier and today there are over 450 Challenger 300s flying around the world. In June 2014 Bombardier received full type certification for the next generation of the Challenger 300, the Challenger 350. One of the big improvements in the Challenger 350 is the Advanced Proline 21 Avionics package which, as mentioned above, is incorporated into S/N 20415 that we are currently representing for sale.
Our client understands the competitive market and they are ready to be competitive sellers within it. View detailed specifications, photographs and a video on our website at http://jetsales.com/jets/2013-challenger-300/ and call us today to learn more. We look forward to speaking with you.
Mesinger Jet Sales proudly presents for sale this one US owner, well equipped Gulfstream G150. With a range of close to 3000 nautical miles and relatively low operating costs, this is a great option for anyone considering a mid-size aircraft while looking for comfort and efficiency. It is based in Houston, TX, operated by a professional Part 91 flight department and it may be viewed by appointment.
The interior of this aircraft is designed to comfortably accommodate 8 passengers with a forward two-place divan opposite a single club chair, four single club chairs in the aft with stowing executive tables and a belted lav seat certified for taxi, takeoff and landing. This G150 features a forward galley with a TIA high temperature oven and dual hot liquid containers with a liquid drain, as well as an aft externally serviced lavatory.
Passenger amenities include a RosenView passenger information and map system, a dual-DVD player, XM radio, a cabin audio system, a 15 inch LCD monitor that flips into the aisle for viewing, and an ICG-200 Iridium SATCOM flight phone system. The interior is appointed in warm and rich colors providing a very comfortable environment.
This Gulfstream G150 is loaded with upgraded avionics including a dual FMS-6100 FMS System with WAAS/LPV, Dual Collins GPS-4000S GPS Units, a 3rd VHF COMM with Data Link capabilities, Collins IFIS with Dual File Server Units allowing for a Paperless Cockpit, Laseref V, TCAS II with change 7.0, Dual TDR-94D Mode S EHS Transponders with Flight ID, a cockpit voice recorder, 406 ELT and more.
The engines and APU are enrolled on the MSP Gold program. The airframe is enrolled on the Gulfstream Plane Parts program. And, the aircraft will be delivered with a fresh 8C inspection complied with by the Gulfstream Service Center in Dallas, Texas.
With the combination of these traveling refinements, good cosmetics, equipment and pedigree, this is truly a great G150. Compared to other mid-size aircraft, a Gulfstream G150 is a smart, comfortable and efficient choice to fulfill many mission profiles. Call Mesinger Jet Sales at 303-444-6766 or email email@example.com to get complete specifications, maintenance information and pricing details.
We are proud to be representing an outstanding Global 5000, Serial Number 9158 for immediate sale. It has excellent pedigree; low total time; a high hour to cycle ratio; the high max take-off weight service bulletin has been complied with increasing its range to approximately 5,200 nautical miles; it is equipped with triple FMS, HUD, EVS, Swift 64 Data and Satellite TV among other options and the paint and interior are in very good condition. Additionally, this Global 5000 has been upgraded with both Build 6 and Batch 3 with WAAS/LPV and FANS 1/A+/CPDLC. And, most importantly, the seller understands the competitive market and is prepared to sell at a price that will represent a great value relative to the competition.
The Global 5000 was first announced in 2001 and the first flight was in 2003. It can fly approximately 5000 nautical miles with a full passenger load far exceeding any of the other directly competitive aircraft in the market today. It also has the widest fuselage cross-section of any of the direct competitors making it one of the most comfortable corporate aircraft in its category.
Bombardier stepped into the ultra-long-range corporate aircraft market when it first launched the Global Express development program in 1993. The first flight for a Global Express was in 1996 and the first customer deliveries were in 2000 and 2001. Since then, Bombardier has delivered well over 450 Global Express and subsequent derivative aircraft including the Global XRS, Global 5000 and Global 6000. The program has been very successful for Bombardier. Current production Global aircraft include the 5000 and 6000 and the 7000 is in development and it will push the boundaries of corporate aircraft and global travel to new heights. NETJETS, the world’s largest fractional ownership program, has also moved to a fleet of Global aircraft from Bombardier for their large cabin aircraft further endorsing the large body, ultra-long-range aircraft product line. Additionally, Bombardier continues to demonstrate its dedication to worldwide service and support.
View detailed specifications, lots of photographs and a video about this Global 5000 S/N 9158 here: http://jetsales.com/jets/2007-global-5000-3/.
Call us today to learn more about this excellent aircraft. We look forward to speaking with you soon.
Read Jay Mesinger’s article from AvBuyer Magazine’s February 2016 issue from the Business Aviation and the Boardroom section. Also read at: AvBuyer.com
Read Jay Mesinger’s article from AvBuyer Magazine’s February 2016 issue from the Aviation Leadership Roundtable section. Also read at: AvBuyer.com
We are proud to exclusively represent for immediate sale a 2010 model Falcon 7X, Serial Number 73, N787AD. I have often spoken in the past about the importance of pedigree, and the pedigree of this aircraft is as good as it gets. Making a great deal is not about paying the least amount possible. Making a great deal is about buying the best airplane with the best pedigree for the best price possible.
This Falcon 7X has been owned by the same U.S. Fortune 50 company with an almost 60-year-old flight department since it was new. They have a long history of owning and operating Falcon Jets and their Director of Maintenance was previously a Falcon Tech Rep. They also employ a no expense spared proactive approach towards aircraft maintenance always ensuring that all of their aircraft are kept in excellent condition ready for immediate dispatch at any moment. We have helped this client buy and sell several aircraft over the years. They understand the sales process and what are common and customary terms and they are a pleasure to work with in a transaction.
This aircraft is turn-key. It has approximately 2,350 hours and 1,200 landings (as of March 2, 2016), the engines are enrolled on the Pratt & Whitney ESP Gold engine maintenance program, the APU is enrolled on the Honeywell MSP maintenance program and the airframe is enrolled on the FalconCare Parts program. There are no major inspections coming due in the near-term and the paint and interior are in very good condition. And, it is fully NEXTGEN compliant. This 7X has been upgraded to EASy II+ with CPDLC FANS 1A, ADS-B Out, TCAS 7.1 and Enhanced Nav with LPV capability. Additionally, it is loaded with other options such as Synthetic Vision, HUD, EVS, SwiftBroadband high speed data with Wi-Fi and more.
Our client is committed to selling this aircraft. They understand the competitive market and are ready to be very competitive within it. There is no finer aircraft with pedigree like this anywhere in the world and there is certainly no better partner to engage in a transaction with than this seller. Review detailed specifications, photographs and a video about this aircraft on our website at http://jetsales.com/jets/2010-falcon-7x/ and call us today to discuss this great Falcon 7X opportunity, +1-303-444-6766.
Read Jay Mesinger’s article from AvBuyer Magazine’s January 2016 issue from the Business Aviation and the Boardroom section.
Read Jay Mesinger’s article from AvBuyer Magazine’s January 2016 issue from the Aviation Leadership Roundtable section. Also read at: AvBuyer.com
Historically our industry has watched business aircraft values fluctuate more like commodities than pieces of equipment. Today, this is no longer the case. Many owners, sellers and other industry participants still talk about aircraft values as though they might one day go back up, and many buyers often say that they are going to wait to buy because prices will continue to fall. This is changing and more and more people are starting to realize that prices won’t go up and at some point buyers just need to step in. Why have our markets changed? What does it mean to buyers and sellers? And, how do we deal with it?
Our industry has matured and we have more inventory than demand. This is the result of:
- A changing global economic environment,
- Manufacturers producing more makes and models and more units of each than ever before over the previous decade*,
- The ability to upgrade and improve aircraft extending their useful lives.
Prior to 2004 most business aircraft were sold in the United States. Between roughly 2004 and 2010 that shifted and the majority of business aircraft, particularly new, were sold outside of the United States. Manufacturers increased production to meet growing global demand and our industry thought the future was limitless as emerging markets grew rapidly. Today, most countries’ economies are contracting and the vast majority of business aircraft, new and used, are again sold to buyers in the United States.
According to the multiple listing service AMSTAT there were 8,203 business jets in active service in the end of 1995, 13,946 in the end of 2005 and 21,311 in the end of 2015. JetNet iQ reported a few weeks ago that they predict 744 new business jets will be delivered in 2016. And, the general consensus in our industry is that 9,000+ business jets will be delivered between 2015 and 2025. Honeywell’s 24th Annual Business Aviation Forecast published in November 2015 predicts up to 9,200 new business jets will be delivered by the end of 2025. Even if manufacturers slow their production numbers significantly we are not retiring aircraft in any mass number at the end of their lifecycle to maintain equilibrium in the supply/demand balance.
At the same time, we do need a healthy manufacturing sector, refurbishment businesses and aircraft upgrade/modification businesses. Aircraft and component manufacturers are innovating new technologies like vastly more efficient engines which will significantly lower the cost of operations for new aircraft as well as other major improvements. It is this innovation that will promote new aircraft sales and we need new aircraft being delivered into the market at the start of their lifecycles to replace aging aircraft. And, other companies are innovating new technologies to upgrade older aircraft as they move through their life cycles. This provides owners opportunities to keep aircraft longer while still fulfilling their missions and meeting new mandates as well as for buyers entering the market to purchase pre-owned aircraft that are still viable with long useful lives.
Today, it is thought by many leading brokers, lenders and aviation attorneys that aircraft with average total time, maintenance programs, no major damage, average equipment and commonly desired interior configurations will reduce in value by roughly 8% to 10% annually. Once an aircraft is over 10-year-old the reduction in value may slow down slightly. Note that this annual depreciation is a percentage of the prior year’s value, not the original value.
Our industry has matured and our supply/demand balance has shifted. As an industry we need to acknowledge a realistic and predictable annual residual loss rate. Mission, functionality, reliability, initial cost, and strength of the marketplace should be the driving factors for aircraft purchase and ownership decisions. We need to start accepting this new reality to establish accurate expectations and make good informed decisions.
*Note that some manufacturers like Bombardier have recently reduced aircraft manufacturing plans to better align production with future demand.