Market Minute – Gulfstream G200
April 12, 2018The G200 is a popular, mid-size business jet originally developed by Israel Aircraft Industries and produced by Gulfstream Aerospace. The spacious standup cabin is offered in varying configurations with a combination of club seating, divans, and conference groups. The typical cabin configuration can accommodate nine to ten passengers. Production began in 1999 and continued until 2011 with 250 aircraft produced. Just over twelve percent of the entire G200 fleet is currently represented for sale. The market remains relatively stable, with one aircraft currently under contract/deal pending. Ask prices vary across the fleet, currently ranging from a low of $2.49M up to $7.9M on the high end of the market. The average market time for G200’s sold in the last six months is just over two hundred days. Twenty-Eight G200’s have sold in the last twelve months, with nine of those aircraft trading within the last ninety days. Sale prices for G200’s transacted within the last ninety days’ range from the low $3Ms up to the low $6Ms. Ninety percent of the aircraft sold in the last ninety days were enrolled on an engine program at the time of sale, and over half of these aircraft had cabin Wi-Fi connectivity.