May 19, 2020
Market Reports

Bombardier Global Express 5000 Market Report

The World Just Got Smaller!

When you see a Global Express on any FBO ramp it can easily be described as the Greek God of corporate aircraft. It towers over most of its peers and has the range and comfort to rival any competition. Unfortunately, this spectacular machine has been met head-on with a stoppage of global travel. This downturn in the world economy is starting to show up in the preowned markets. Currently, the number of aircraft for sale has risen by 38% since January 1st, 2020 causing the average ask price to dip by over 10% for the same period.

As economic activity starts to awaken from hibernation, look for the Global Express to rise once more as the appetite for global exploration grows. Omni Aircraft Sales stands ready to assist both buyers and sellers in their next Global Express transaction. 

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