Have certain markets become over-crowded?

Plus NBAA-BACE 2026 - Loads of news!

This is Bizjet Buzz. Your human jet market note taker complete with typos to poove it.

In this issue:

  • 🛩️ Have certain markets become over-crowded?

  • 📈 G200 market focus

  • 📊 Ownership costs comparison: G200, Challenger 300, Falcon 2000

  • 🧭 Bizjet Buzz Market Index Update - Down slightly from last month.

  • 🗞️ Loads of news from Vegas this week

  • ⬇️ Market Stats update (infographic below👇🏼)

Note: The Market Stats Infographic is updated every month and lags one month for the data to catch up.

First time reading? Subscribe here for free.

Forward this to a friend that needs an update on the jet market.

Have certain markets become over-crowded?

The last 12 months has been strong for mid/super-mid transactions. We’re up 17% on the same 12 months a year ago.

At this point in 2025 we’d just broken the 500 transaction mark and the year went on to see another 356 mid/super-mid pre-owned jet transactions - the highest number of transactions since the boom year 2021 - The Great Pandemic-Induced Bizjet Boom.

Could we see a busier 2026? That’d be the market that just keeps giving.

With transaction activity strong, some models are very hard to get, but others have become easy pickings. Inventory has built up.

It’s just not the market where you can sell your 20 yr old Hawker for top dollar with no pre-purchase inspection - that’s soooo 2021.

So, which markets have become over-crowded? Which models have high market availability? Which ones are showing their age?

In the red, higher than 10% availability:

Hawker 850XP, Falcon 2000, G100, G150, Lear 60, Legacy 450, Falcon 50EX, G200, Hawker 4000.

There are three reasons or a combination of these as to why these models are in the red.

1. They’re old 👴🏻

Hawker 850XP, Falcon 2000, Falcon 50EX, G100, Lear 60. All produced in the 90s/00s.

These models are aging and the demand for them is dying off as they reach end of life.

2. Peak Production

1,292 was the highest number of jets ever produced in one year - in 2008.

41 of the 250 G200s ever made, were delivered in 2008.

18 years on these aircraft are not only maturing, but there’s a lot of them maturing at the same time.

3. Fleet Size

We’ve seen before that the number of aircraft produced/size of the fleet has a direct impact on the demand for that model, especially as it ages. Small production numbers result in small parts pools and less support.

There’s also an element of Social Proof. If high numbers of a model are in service, this increases the social proof and demand for the model…”Well if so many people bought it, it must be good”. Never underestimate human bias - we behave like sheep most of the time.

And finally part-out value. If there are large numbers in the fleet, the demand for parts is higher. This helps clear out the older models and they get bought for part later in life.

Only 79 Hawker 4000s were ever produced, 66 are still in service. Few service centers have expertise in the type and parts are limited. No one has a mate telling you their Hawker 4000 is great.

The Legacy 450 is a bit of an anomaly here. Only 21 were ever produced before it quickly became the Praetor 500. 3 are for sale - 14% of the small fleet. If we group these with the Praetor 500 (205 in service), the combined % availability would only be 3%.

Older models are less in demand. They might be cheap to buy but they’re expensive to maintain and operate.

We’ll see values depreciate further from here. Then you reach the point where the aircraft is only worth the money you put into it.

Will a lower price be enough to entice buyers or are these aircraft destined for part out?

G200 Market Focus

As discussed above, the G200 is one of those maturing models. Availability is reflecting this.

Designed and produced by Israel Aerospace Industries (IAI) as the ‘Galaxy’. It was renamed the G200 when Gulfstream bought Galaxy Aerospace, a subsidiary of IAI, in 2001.

A super-midsize jet with seating for 8-10 passengers in a wide stand-up cabin with dropped aisle. Powered by two Pratt & Whitney PW306A engines, it offers roughly 3,400 nm range.

It sits alongside the G100/G150 family. The G200 evolved into the G280 (originally named the G250) and now the newest G300 with deliveries expected in 2028. Gulfstream’s lightest/entry level jet series.

G200 availability has crept up and up all year to 56 for sale currently.

Transaction numbers are not far off what they were last year. By this point last year 26 had sold. Today we stand at 22 transactions year to date.

The make up of these transactions is pretty even across the fleet. So it doesn’t look like buyers are favoring certain year models.

Values have depreciated ~8% on average over the last 12 months.

The G200 is a capable machine that’s now relatively cheap to buy.

Running cost-wise… lets take a look.

Ownership Cost Comparison: G200, Challenger 300, Falcon 2000

The G200 is the cheapest on fuel but costs more on maintenance.

NBAA 2026

What a week in Vegas!

Lots of news from the world’s biggest business aviation convention.

Check out the BizAv News section for all the highlights.

Three personal highlights:

The SyberJet unveil…

SyberJet SJ36

Read more about the SyberJet here. Watch a video of the event here.

I met an idol...

As a Bombardier ambassador, John Travolta took part in a chat with Bombardier’s Exec VP of Engineering Stephen McCullough and pink jet flying legend Stephanie Goetz.

They chatted all things flying and the power of the Global which Travolta has flown many times. He owns and flies a Global Express.

That’s my 21st bday invitation btw. I wasn’t lying when I said he was an idol.

I also had the opportunity to speak on a panel entitled ‘Career Possibilities in Business Aviation: Beyond the Obvious’.

Eric Gerlach, Kara Wolf, Colin Dunne, Cara Madeley

Bizjet Buzz Market Index

Are we in a Buyer market or a Seller market?

Which side do current jet market conditions favour?

Subscribe to keep reading

This content is free, but you must be subscribed to Bizjet Buzz to continue reading.

Already a subscriber?Sign in.Not now

Recommended for you

View all
caret-right