January 26, 2021
Market Reports

Challenger 350 Market Report

A HOT Market Once Again!

In 2013 Bombardier introduced the Challenger 350, which was an improvement to the already excellent Challenger 300, by adding engine and wing efficiency.  For most of 2020, the number of pre-owned aircraft for sale was a consistent average of 12 aircraft. However, as we ended the fourth quarter of 2020, the current inventory was just 7 aircraft for sale. During the fourth quarter of 2020, the average days on the market dropped drastically from 347 days on the market to just 95 days on the market as of today. Buyers can expect to pay approximately 3% more than they did one year ago.

This frenzy of market activity should encourage buyers and sellers to reach out to a reputable and experienced broker for their next Challenger 350 transaction. Omni Aircraft Sales has the perfect mix of both experience and knowledge to help facilitate your next Challenger endeavor.

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