Aircraft For Sale Aviation Articles

Looking at the 2010 business aircraft sales market

Gulfstream V business aircraft

Business Jet Traveler recently weighed in on the year that was 2010 in the realm of used business aircraft sales. It still is somewhat obvious to most in business, whether aviation related or not, that markets remain timid. However, some segments of the private jet market have fared better than others.

Furthering a trend seen in new models presented at the NBAA Annual Meeting & Convention in Atlanta this October, large-cabin long-range jets continue to move.

The BJT article notes that buyers went after these aircraft, such as the Gulfstream V at prices below $20 million and the Gulfstream IV/SP under $12 million, and Gulfstream IV under $10 million.

The article notes that these prices hover around half the value for these aircraft three years ago, when the industry saw its pre-recession peak.

More...

Video of Sikorsky X2 helicopter testing at 250 knots

[youtube:gK7ktLXhq88]

We were somewhat late to see this but still wanted to share it.

The video above shows testing by Sikorsky of its X2 helicopter. And boy does it fly.

The X2, which operates with ‘fly by wire’ controls and rear-mounted propulsion system, shattered the world speed record for a helicopter during the testing above, topping out at more than 250 knots in September.   

The U.S. Army is also looking a light tactical version of the speedy rotorcraft. According to the video's poster on YouTube, a full-scale mockup can be seen at the video’s start.

An overview of the Hawker 200 light jet


Hawker Beechcraft

This week we are looking back on other aircraft developments during the 2010 NBAA Annual Meeting & Convention not previously discussed on the GlobalAir Blog.

Another aircraft from the week of NBAA 2010 came from Hawker Beechcraft aside from the King Air 250. (Scroll below or click here for more on that airplane.) Executives also rolled out the Hawker 200, a light jet modeled from the Premier II program.

A statement from Hawker Beechcraft says this newest addition to the Hawker jet family will fly high and fast without affecting cost and comfort. The company’s specs max it out at 450 knots and 43,000 feet while maintaining a lower operating cost than the other competitors in the small-jet race.

The single-pilot Hawker 200 combines new winglets, Williams International FJ44-3AP engines and a higher gross weight and ceiling to deliver on the company’s promises. Other highlights include MultiScan Weather Radar, ADS-B Out capability and 10-year composite airframe warranty. A mockup interior made the trip to NBAA 2010, where company officials sought feedback to fine-tune its layout.

More...

Beechcraft King Air 250 to feature Hartzell 4-blade ASC-II composite prop


From Hawker Beechcraft

During the 2010 NBAA Annual Meeting & Convention last month, we came across too many updated aircraft with too few days to discuss them on here. This week we will look back on some of the developments announced during the business aviation event that were not discussed here last month.

Today we look at the Beechcraft King Air 250, unveiled on the day before the convention officially kicked off. Aviation International News reported last week that the King Air 250 will be the first turboprop aircraft to feature the composite Hartzell 4-blade ASC-II.

Hartzell says the propeller, also unveiled at the convention, reduces aircraft weight without taking away from strength or durability.

The 93-inch diameter blade is being considered for other aircraft, AIN reports, though Hartzell has yet to announce any of these formally. The blade also will fit late-model King Air 200s.

More...

The scourge of the off-market aircraft; often referred to as 'fools gold'

Business and other segments of General Aviation are by nature fairly exclusive realms. What I mean by saying this, is that seeing that there are 6,880,000,000 people on this planet, while there are almost 32,000 business jet and turbo-prop aircraft that are in operation around the world. This equates to 215,000 people to every business aircraft, which in reality is not a true figure because there are really only approximately 200,000 actual business aircraft owners, therefore there is less than 0.003% of the world’s population that can actually be classified as a business aircraft owner. You really have to try hard to be more exclusive than that.

Unfortunately there are many who believe that when an aircraft is put up for sale, it should be marketed and sold in a stealthy and even more exclusive way than befits the actual marketplace. What do I mean by this? I shall explain:

The potential market for any given business aircraft is about a quarter of a million people. Of course it can be argued that this market is much larger than this, but the total market has historically only grown by about 900 aircraft per year since 1990. The numbers are as follows:

Heavy Jets Added to the Fleet Every Year (Average Since 1990)

160 Average

Medium Jets Added to the Fleet Every Year (Average Since 1990)

219 Average

Light Jets Added to the Fleet Every Year (Average Since 1990)

210 Average

Turbo-Props  Jets Added to the Fleet Every Year (Average Since 1990)

329 Average

Total Business Aircraft Added to the Fleet Every Year (Average Since 1990)

918 Average

 

In light of the numbers above, it is evident that the business aviation fleet (marketplace) is growing at a pace of just under 3% of the total fleet, per annum.

More...