Models in the study included the Cessna Citation Mustang, CJ2 and Excel; Bombardier Learjet 45 and Global XRS; and Gulfstream G550.
According to research by Colibri Aircraft, average asking price across six pre-owned business jet types decreased by 35 percent between April 2014 and April 2017. In fact, the average asking price for a pre-owned Bombardier Global XRS—one of the six models included in the study—fell from $31.3 million to $20.36 million, or 34.9 percent, over the three-year time frame. (Photo: Bombardier Aerospace)
