The XLS Gen2 takes the proven XLS formula and adds modern avionics and a better cabin experience. The fleet is small, buyers know what they want, and supply has not kept pace with demand. Four aircraft publicly available worldwide is a thin market by any measure, and recent sold pricing came in above current asks, which is a strong signal.
Fleet Size and Availability
There are currently 4 Citation XLS Gen2 aircraft available for sale, representing 6.7% of the fleet.
Two to four aircraft available at any given point over the past six months. Buyers do not have the luxury of shopping around here. When the right aircraft comes up, they move.
Market Listings
Current asking prices range from $13,800,000 to $15,495,000, with active listings averaging 111 days on market.
Low total time, solid maintenance history, program enrollment. That is what buyers are after here. The fleet is standardized enough that those variables drive most of the pricing conversation.
At 111 days on market for current listings, aircraft are moving at a reasonable pace given the price point and the limited number of buyers in this segment.
Sales Activity
Over the past six months, 5 Citation XLS Gen2 aircraft have sold, including 2 off-market transactions, representing 8.3% of the fleet. Sold aircraft traded between $15,000,000 and $16,250,000.
Completed transactions averaged 442 days on market. Five sales is a small sample, so take the averages directionally. What is worth noting is that sold pricing came in above current asking prices, which is an unusual and meaningful signal in any market.
Key Takeaways
• Only four aircraft are currently available worldwide
• Inventory remains limited at 6.7% of the fleet
• Five aircraft sold during the past six months, including two off-market transactions
• Low-time aircraft with strong maintenance pedigrees continue to command premium values
• Limited supply continues to support pricing stability across the market
Key Insight
Four aircraft publicly available, two recent transactions off-market, and sold pricing above current asks. That is about as strong a set of market signals as you will find anywhere right now. If you own one of these, the market is firmly on your side.
