The Gulfstream GIV-SP market enters September with healthy transaction activity but elevated inventory levels. There are currently 31 aircraft available for sale, representing 10.8% of the fleet, while 28 aircraft have sold during the past six months. After inventory climbed through the early summer and peaked in July, August brought both a modest reduction in available aircraft and an improvement in sales activity.
Fleet Size and Availability
There are currently 31 Gulfstream GIV-SPs available for sale, representing 10.8% of the fleet.
Inventory stood at 29 aircraft in March before declining to 25 in April and May. Supply then began building, increasing to 28 aircraft in June and reaching 34 in July before easing to 32 in August.
With more than 10% of the fleet currently available, buyers have a relatively broad selection of GIV-SPs to choose from. The recent decline from July’s inventory peak is encouraging, but supply remains above levels seen earlier this spring.
Market Listings
Current asking prices range from $2.595 million to $6.8 million, while aircraft sold during the past six months ranged from $2.2 million to $5.9 million.
Current listings average 209 days on market, compared with 260 days for aircraft sold during the past six months. This is a notable contrast to markets where older inventory dominates the available supply. Current GIV-SP listings, on average, have actually spent less time on the market than the aircraft that recently transacted.
The broad pricing range reflects the substantial differences that can exist between individual GIV-SPs, making aircraft condition, maintenance status and overall specification especially important when comparing opportunities.
Sales Activity
There have been 28 retail transactions during the past six months, including 10 off-market sales, representing 9.8% of the fleet.
Sales were strongest in April and May, with eight transactions recorded in each month. Activity then slowed considerably, falling to two sales in both June and July. August showed a meaningful improvement with five transactions, up from just two the prior month.
Off-market transactions account for more than one-third of six-month sales, reinforcing the importance of looking beyond publicly advertised inventory when evaluating activity in this market.
Key Takeaways
- 31 aircraft are currently available, representing 10.8% of the fleet.
- Inventory peaked at 34 aircraft in July before declining in August.
- 28 aircraft sold during the past six months, including 10 off-market transactions.
- Current asking prices range from $2.595 million to $6.8 million.
- Recent transactions ranged from $2.2 million to $5.9 million.
- Current inventory averages 209 DOM versus 260 days for recently sold aircraft.
- August sales improved to five transactions after only two in both June and July.
Key Insight
The GIV-SP market is showing better liquidity than its inventory level might initially suggest. While 10.8% of the fleet being available gives buyers considerable choice, nearly the same percentage of the fleet, 9.8%, has changed hands over the past six months. August was also constructive, with sales improving while inventory moved lower from its July peak. For sellers, competition remains meaningful and proper positioning is important, but the underlying transaction volume demonstrates that buyers are actively engaging with the market when the right aircraft becomes available.
