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Asian Sky Quarterly 2022 Q1

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GLOBAL PRE-OWNED MARKET UPDATE<br />

MEDIUM JETS - SHORT TERM MEDIAN VALUE CHANGE<br />

40%<br />

Increase Decrease Total<br />

30%<br />

20%<br />

10%<br />

0%<br />

-10%<br />

-20%<br />

-30%<br />

Jan1<br />

Feb1<br />

Feb15<br />

Mar15<br />

Apr1<br />

Apr15<br />

May1<br />

May15<br />

Jun1<br />

Jun15<br />

Jul1<br />

Jul15<br />

Aug1<br />

Aug15<br />

Sep1<br />

Sep15<br />

Oct1<br />

Oct15<br />

Nov1<br />

Nov15<br />

Dec1<br />

Dec15<br />

Jan1<br />

Jan15<br />

Feb1<br />

Feb15<br />

Mar1<br />

Mar15<br />

Apr1<br />

Apr15<br />

May1<br />

May15<br />

Jun1<br />

Jun15<br />

Jul1<br />

Jul15<br />

Aug1<br />

Aug15<br />

Sep1<br />

Sep15<br />

Oct1<br />

Oct15<br />

Nov1<br />

Nov15<br />

Dec1<br />

Dec15<br />

Jan1<br />

Jan15<br />

Feb1<br />

Feb15<br />

The median value of Medium Jets has risen to 52% over the last<br />

year. This metric is now up 34% since the start of 2020 and is up<br />

18% year-to-date. As with other jet segments this upward trend<br />

continues to be driven by high demand and low supply. Medium<br />

Jet resale retail transaction activities in 2021 was up 19%<br />

over 2020 and up 40% over 2019. The availability of preowned<br />

Medium Jets is down 56% year-over-year.<br />

LIGHT JETS - SHORT TERM MEDIAN VALUE CHANGE<br />

30%<br />

Increase Decrease Total<br />

20%<br />

10%<br />

0%<br />

-10%<br />

-20%<br />

-30%<br />

Jan1<br />

Feb1<br />

Feb15<br />

Mar15<br />

Apr1<br />

Apr15<br />

May1<br />

May15<br />

Jun1<br />

Jun15<br />

Jul1<br />

Jul15<br />

Aug1<br />

Aug15<br />

Sep1<br />

Sep15<br />

Oct1<br />

Oct15<br />

Nov1<br />

Nov15<br />

Dec1<br />

Dec15<br />

Jan1<br />

Jan15<br />

Feb1<br />

Feb15<br />

Mar1<br />

Mar15<br />

Apr1<br />

Apr15<br />

May1<br />

May15<br />

Jun1<br />

Jun15<br />

Jul1<br />

Jul15<br />

Aug1<br />

Aug15<br />

Sep1<br />

Sep15<br />

Oct1<br />

Oct15<br />

Nov1<br />

Nov15<br />

Dec1<br />

Dec15<br />

Jan1<br />

Jan15<br />

Feb1<br />

Feb15<br />

Over the past 12 months, the median value of Light Jets has risen<br />

37%. This metric is now up 18% since the start of 2020 and is up<br />

6% year-to-date. The positive direction of Light Jet values is in large<br />

part due to the continued buoyancy in resale retail transactions<br />

with 2021 up 28% over 2020 and up 49% over 2019. This demand<br />

combined with a 50% drop in Light Jet resale inventory year-overyear<br />

has continued to drive values upwards.<br />

48 | ASIAN SKY QUARTERLY — FIRST QUARTER <strong>2022</strong>

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