Return to Normalcy!
Since the first delivery in 2003, the Gulfstream G550 continues to be one of the most highly demanded large cabin aircraft in the world. In July of 2021, Gulfstream delivered its final production G550, amassing over 600+ in the total active fleet. The successful platform has shined in pre-owned markets over the past 18 months; however, over the last 6 months, there have been signs that the market is starting to return to normalcy. Inventory has increased by 186% or 13 more aircraft compared to 7 available 6 months ago. Overall, this is only 3.2% of the total fleet available, a healthy figure that indicates this is still a sellers’ market. Average asking prices started to nudge downward, decreasing by $1,516,000, or a mere 0.5% since 6 months ago.
We continue to monitor the Gulfstream G550 market closely and anticipate buyer demand and pricing to remain steady through Q4. Omni Aircraft Sales is primed and ready to assist buyers and sellers of the G550 with their next transaction. Give us a call today.