Inventory Seeing a Comeback!
The Citation X continues to be a popular aircraft for the business aviation community and with its speed and performance it should be no surprise. Over the last 12 months, inventory in the Citation X market has been on a sharp decline; however, over the last two months inventory has shown some signs of recovering back to normal levels. Historically, anything less than 5% of a particular aircraft fleet for sale indicates a market in high demand. As of today, the Citation X has 2.3% of its entire fleet for sale and has grown by 42% since February. The sellers in this market remain in the driver’s seat, but the tide appears to be changing. This should be exciting news to the eager buyer who has been waiting on the sidelines for most of the year. The past Citation X market trends have proven that this market consistently maintains an average of 5% of the fleet for sale.
We are still far off from this amount of inventory, but throughout the rest of this year we should continue to see the pendulum swing back to a more normal market. Omni Aircraft Sales is closely monitoring the Citation X market and can assist buyers and sellers in this consistently active market.