The Learjet 40XR Market Showing Signs of Resilience!

For the past 12 months, the Learjet 40XR market has been somewhat anemic, with average days on the market in Q2 of 2020 being near 250 days. However, the past few quarters have shown signs of life for the Learjet 40XR. The average days on the market has started to drop and looks to continue downward. The drop in market absorption is most likely due to prices becoming more in line with the 14.1% of the fleet currently for sale. The pressure of competition has created some real gems in the Learjet 40XR market!