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Business jets have varying value retention, between the leading Embraer Phenom 300E, sold for $9.45 million in 2018 and expected to retain 68% of its value 15 years later for $6.46 million in 2033, and the trailing $24.5 million Gulfstream G280, predicted to retain 42% of its value for $10.25 million. [23]
For the first half of 2018, while business jets deliveries were relatively flat, new turboprops were up 10%, pressurized ones were up 12%, and King Airs were up 30%. Charter membership Wheels Up, operated by Gama Aviation, saw its flight hours surge by 18% and expanded its fleet from 99 to 117 with most of the new aircraft being examples of the Beechcraft King Air 350i.
The Dassault Falcon is a family of business jets, manufactured by Dassault Aviation. Dassault produce the midsize Falcon 2000S/LXS twinjet, the long-range Falcon 900LX trijet and ultra-long range Dassault Falcon 7X/8X trijets. The first Falcon 20 took off on its first flight on 4 May 1963, [1] and was handed over to a customer in 1965. [2]
The Cessna Citation is a family of business jets manufactured by Cessna that entered service in 1972. [1] In the fifty years following the type's first flight in 1969, more than 7,500 Citations were delivered, forming the largest business jet fleet in the world. [2] Deliveries reached 8,000 by 2022, while logging over 41 million flight hours. [3]
Dassault launched the FNX at the 2001 Paris Air Show, aiming for a 10,500km (5,700nm) range at Mach 0.88, up from the Falcon 900EX's 8,300 km at Mach 0.84. Its new high-speed wing is 1.86 m (6 ft 1 in) longer with 5° higher wing sweep than the 900 wing; while its fuselage is 20% longer, it keeps the same cabin cross-section but with a new curved windscreen.
A business aircraft is one designed for transporting small groups of business people for commercial reasons at a time convenient to their business needs. While many are jets, turboprop engines offer high efficiency and lower costs. Some aircraft may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries ...
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