Blog | Mesinger Jet Sales

Rising To The Top

An interesting thing is starting to happen to our aircraft markets, they are becoming segmented with turn-key great pedigree aircraft rising to the top.  Prices are not going up for these better aircraft, but many buyers decide to no longer insist on paying less than the last aircraft sold for, and instead choose to not miss the right aircraft for the wrong reason.  There is plenty of inventory in most make/model markets, including in the G550 market with well over 30 aircraft immediately available for sale, but there are only very few aircraft in each make/model market that really stand out based on their vintage, maintenance programs, equipment, compliance, cosmetics and pedigree.  The competitive markets dictate prices, but by buying the best today at still incredibly low prices, buyers are putting themselves in the best position for the strongest residual values later.  You don’t make your best deal when you sell, you make by buying the greatest value (not necessarily lowest price) possible.

We are proud to exclusively represent Gulfstream G550, Serial Number 5316, N418SG for immediate sale.  This 2011 model Gulfstream G550 is turn-key.  It is a two owner aircraft that is based in Van Nuys, CA and it is under management and operated both Part 91 and Part 135 by Clay Lacy Aviation.  The engines on this G550 are enrolled on Rolls-Royce Corporate Care and the APU is enrolled on MSP.  The aircraft is equipped with Enhanced Certification Foxtrot with CPDLC, FANS 1/A, ADS-B Out and TCAS 7.1 making it ready for future compliance requirements.  Some of the additional high-demand options installed on this G550 include a third FMS with software version NZ7.1.2 and WAAS-LPV, Runway Awareness and Advisory System (RAAS) and Aircell GoGo Biz ATG-4000 high speed internet with Wi-Fi and SwiftBroadband internationally capable high speed data system among many others.  When our client purchased the aircraft from Gulfstream Pre-Owned in August 2013, he had the aircraft re-painted and the interior redone by Gulfstream in Savannah, GA.  The 18 passenger, forward galley, forward and aft lavatory interior is gorgeous and it is equipped with a FAR 135 approved crew rest area.  This configuration allows up to eight passengers to sleep comfortably on berthed seats made into beds on long flights.  If there are only six passengers, six seating sections can be made up as beds while still leaving the conference group set up for those passengers who aren’t ready to lie down.

This is the kind of aircraft that rises to the top of the stack of available competitive aircraft in its make/model fleet.  For any potential late model G550 buyer, and those people considering buying new, but whom might be afraid of the future residual value of a brand new aircraft, this is a great opportunity that will sell more than $10,000,000 below the price of a new aircraft.  You can learn more about this incredible Gulfstream G550 S/N 5316 on our website at http://www.jetsales.com/jets/2011-gulfstream-g550/ or call us today at +1-303-444-6766.  We look forward to speaking with you soon.

Aircraft Innovation And What It Means To Fleet Planning – Aircraft Lifecycle Management

I recently had the privilege of speaking with a group of aviation directors.  It was this regional group’s quarterly meeting and they invited me to speak about what we are seeing from our vantage point as aircraft brokers and the current state of our aircraft markets.  I spoke about the fact that there are several bright spots including increased sales activity, more first time buyers and increased flight activity, as well as some challenges that we continue to face with further pricing pressure for many pre-owned aircraft.  I also spoke about some of our thoughts regarding many new aircraft which have started delivering and others that have been announced and will start to deliver in the next several years.  It is an exciting time in our industry to see this new innovation being implemented into today’s and tomorrow’s business aircraft.  There are, however, real impacts of this fast paced evolution of business aircraft on future fleet planning discussions regardless of whether you operate a single aircraft or a large fleet.

Technological innovation is vital in  aviation, and I am not aware of a time until now when a steady stream of new aircraft and aircraft systems have been designed and built at such a fast pace.  Many manufacturers have already started delivering new aircraft that are revolutionizing how aircraft work and what they can do.  It is this very innovation that is driving new aircraft sales.  These new designs will make aircraft fly further and safer with increased situational awareness, more reliable systems and easier maintenance.  Cabins will be more comfortable, easier to use and more functional.  And, aircraft will be far more fuel efficient dramatically lowering their costs of operations; just look at the Gulfstream 500 and 600.  In preparing for my recent discussion with this group of aviation leaders, I spoke to several major aircraft manufacturers.  What I learned is that in addition to fulfilling new aircraft orders and announcing new aircraft which will start delivering over the next few years, they are also working on developing a continuous stream of improved iterations and new aircraft designs for the future.  We are starting to see the same kind of constant evolution of innovation in aviation that we are used to in other technology like iPhones which is constantly evolving.

How will this constant flow of new aircraft impact future aircraft residual values differently than they ever have been before?  And, how does a flight department help their principle or their company plan for the future?

This new reality of constant innovation and the regular announcement of new aircraft requires a new kind of asset management and some new math to account for it.  We call this Aircraft Lifecycle Management (“ALM”).  Future regulatory requirements and aircraft innovations must be part of the discussions about when to transition aircraft.  Having a regular flow of new aircraft types or iterations entering the market will also have an effect on the residual values.    The savings from improved fuel efficiency alone, however, could possibly offset loss in residual values.  Our extensive relationships in the aviation community and with the manufacturers and our daily experience in the markets enable us to help you with your ALM.  This new reality of constant aircraft innovation will require regular discussions with your principle or your company to plan your ALM and best protect the value of your aviation assets.  We would welcome the opportunity to talk with you about Aircraft Lifecycle Management.  

Faster paced innovation and aircraft change is exciting for all of us and one that I look forward to participating in from my position as an aircraft broker.

Medevac Equipped 2003 Gulfstream G300 Available For Immediate Sale

We are currently representing for sale a 2003 model Gulfstream G300, S/N 1503, A6-RJA, based in Abu Dhabi and operated on a commercial charter certificate by Royal Jet for both VIP and Medevac charters. The interior is fully convertible and can be changed easily and safely in approximately 2 hours by line service crew. The aircraft operates under EASA guidelines. It is equipped with upgrades such as a triple FMS system, ADS-B Out and an MCS 7000 SATCOM.  The engines were overhauled approximately 1,200 hours ago. And, the aircraft was repainted in 2014 and many interior refurbishments were done at the same time including new carpet, new sidewalls, headliner, PSU panels, decorative window panels, dado panels and refinished veneer.

The double medevac configuration includes Lifeport Systems modules fitted by Gulfstream Savannah in production. It contains two large bottles per module and can be refilled onboard using ground support equipment. The modules are self-contained and do not need to connect to the aircraft oxygen system. They plug into the aircraft power for medical equipment use.

This aircraft is also Stage III noise compliant. Restrictions on Stage II aircraft are coming in the next year. There is nothing that needs to be done to continue to fly this G300 under the more restrictive regulations.

Royal Jet is an award-winning international luxury flight services provider.  They are the winners of many awards including being voted seven consecutive years as the ‘World’s Leading Private Jet Service’ by World Travel Awards; six consecutive years being voted the ‘Middle East’s Leading Private Jet Charter’ operator at the Middle East Travel Awards; and ‘Business Aviation Operator of the Year’ at the 2013 Annual Aviation Business Awards’.

The operation and pedigree of this aircraft could not be finer. This would be an excellent opportunity for an existing Medevac operation looking to add to their fleet, a company looking to begin a Medevac service with an equipped aircraft ready to be immediately placed in service or a VIP operator looking for a large-body long-range aircraft at an unbelievable price. The owner is motivated to sell and open to offers. Call us today to learn more about this exciting opportunity!

Please visit our website for a complete specification sheet, more photos and floor plans at: http://www.jetsales.com/jets/2003-gulfstream-g300/

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Citation Ultra Market Update – We Have S/N 492 For Sale!

We are currently exclusively representing for sale Citation Ultra S/N 492, N85EB. It is a 1998 model with 1,964 hours total time, 200 hours since HOTS on the engines, Phase 1-5 inspections complied with in June 2014. The aircraft is immediately available for sale and can be viewed by appointment.

I recently updated the market notes for the entire Ultra market and here are some highlights:

  • There are currently 36 publicly listed for sale.
  • Year models range between 1994 and 1999
  • Approximately 86% of the aircraft listed for sale are not enrolled on an engine program.
  • The average total time for the aircraft listed for sale is 7,158 hours.
  • There are currently 4 aircraft listed for sale that are Under Contract.
  • There have been 17 retail transactions of Ultras in the last 6 months – it is an active market.

S/N 492 is an excellent offering in the market, providing a buyer with the lowest total time Ultra currently available for sale, with major maintenance recently complied with and it is operated by a professional Part 91 flight department. Call us today to learn more about this great opportunity!

You can see the aircraft on our website here: http://www.jetsales.com/jets/1998-citation-v-ultra/
You can watch a video for this aircraft here: https://vimeo.com/108939239

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