The Gulfstream GV market enters September with stable-to-declining inventory but a noticeable slowdown in recent transaction activity. There are currently 14 aircraft available for sale, representing 7.4% of the fleet, while 14 aircraft have sold during the past six months. Supply has remained relatively consistent throughout the period, but with no sales recorded in August, buyers appear to be taking a more selective approach as the market moves into the fall.
Fleet Size and Availability
There are currently 14 Gulfstream GVs available for sale, representing 7.4% of the fleet.
Inventory began at 15 aircraft in March, increased to 17 in April, and has gradually declined since. Availability fell to 16 aircraft in May, 15 in June and July, and 14 in August.
This gradual reduction in inventory is constructive for sellers. Unlike markets where listings have been steadily accumulating, the GV has maintained a relatively balanced supply picture over the past six months.
Market Listings
Current asking prices range from $6.25 million to $10.995 million, while reported sales during the past six months ranged from $3.9 million to $10.0 million.
Current inventory averages 246 days on market, compared with 265 days for aircraft sold during the past six months. The relatively small difference suggests that today’s available aircraft are not significantly more aged than the inventory that has successfully traded.
The wide transaction range also reinforces how significantly individual aircraft specifications, condition and maintenance status can affect values within the GV market.
Sales Activity
There have been 14 retail transactions over the past six months, including five off-market sales, representing 7.4% of the fleet.
Monthly sales activity strengthened through the first half of the period, increasing from two transactions in March to three in April and May, before reaching four in June. Activity then slowed to two transactions in July and zero in August.
The six-month percentage of the fleet sold exactly matches the percentage currently available, providing a useful indication of overall market balance despite the recent slowdown.
Key Takeaways
- 14 aircraft are currently available, representing 7.4% of the fleet.
- Inventory has declined from a six-month high of 17 aircraft in April.
- 14 aircraft sold during the past six months, including five off-market transactions.
- Asking prices currently range from $6.25 million to $10.995 million.
- Recent transactions ranged from $3.9 million to $10.0 million.
- Current inventory averages 246 DOM versus 265 days for recently sold aircraft.
- No retail transactions were recorded in August.
Key Insight
The GV market appears relatively balanced overall, but near-term sales activity bears watching. Both the percentage of the fleet currently for sale and the percentage sold over the past six months stand at 7.4%, while available inventory has gradually declined since April. Those are generally constructive indicators. However, sales slowed from four transactions in June to two in July and none in August. If that slowdown continues into the fall, market conditions could begin shifting more toward buyers. For now, declining inventory provides some counterbalance, making September activity particularly important in determining the market’s next direction.
