Used private jet market strong despite Coronavirus, say brokers

Private Jets compared

Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis

Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.

The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.

Dassault Falcon 2000

Dassault Falcon 2000

Falcon 2000 profile, including current pricing, manufacturing dates, cabin size and passenger capacity, range, speed, baggage space, fractional ownership and jet card options

Dassault Falcon 2000 Facts

The French-made Dassault Falcon 2000 is popular for its wide cabin although the base model range is better suited for transcontinental flights than across the ocean.

In addition to the 229 Falcon 2000s in service, there are 352 more in its series sisters and it has seen a second life in the jet card market via ex-NetJets aircraft hitting the market.

The price for a used Falcon 2000 starts at around $3.2 million.

Manufacturing Dates

Production Start: 1995

Production Ends: 2007

The Falcon 2000 is the precursor of the Falcon 2000DX (2008 to 2010), Falcon EX (2003 to 2004), Falcon 2000EX EASy (2004 to 2009), Falcon 2000LX (2007 to 2012), and the Falcon 2000LXS (2013 to current). All have the same cabin dimensions.

Cabin Category

Large Cabin – Heavy Jet

Fleet Size

As of November 2019, Amstat lists 229 Falcon 2000s in service

Falcon 2000 Cabin Size and Passengers

Dassault Falcon 2000
A typical 10-seat configuration of a Dassault Falcon 2000

Height: 6.1 feet

Width: 7.7 feet

Length: 31.2 feet

Seating Capacity: Up to 10 passengers

Range

Within the Falcon 2000 family, the Dassault Falcon 2000LX has the longest range of 3,891 nautical miles full or 4,185 nautical miles with four passengers. The range of the Falcon 2000 is:

Full: 2,841 nautical miles

Four Passengers: 3,130 nautical miles

Speed

Maximum Cruise Speed: 547 mph

Normal Cruise Speed: 528 mph

Long-Range Cruise Speed: 495 mph

Baggage Space

134 cubic feet, all interior and accessible from the passenger cabin

Access

Fractional Ownership – Yes

Dedicated Jet Card – Yes

Pricing

Used Falcon 2000s are listed starting at approximately $3.2 million

Other Dassault Falcon models currently in production

Compare over 150 private jet models in the Private Jet Performance Guide.

Falcon 10X

Falcon 8X

Falcon 7X

Falcon 6X

Falcon 900LX

Falcon 2000LXS

Falcon 2000S

Dumont Group is a name you will be hearing more about in the jet card and management space

Dumont Falcon 2000

The Delaware-based company is expanding beyond parts and maintenance, growing its charter operations via ownership and management, and ramping up its Santos Jet Card program alongside its ProspAir Jet Charter brokerage cards

 

In the world of private aviation, Dumont Group is best known for parts and maintenance, often buying used aircraft for components that can be used as replacements. That has been changing for a while and will be even more so – in a big way. As the company expands its aircraft management, it is becoming a well-sized charter operator owning and operating aircraft as well as operating and managing aircraft for owners, some who use the jets exclusively for themselves and others who allow Dumont to sell charter trips on them. 

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