Bombardier launched the Global 6000 in 2011 and production started in 2012. The Global 6000 is based on the earlier Global XRS, itself is an improved version of the original Global Express, which first entered service back in 1999.
The Global 6000 features Bombardier’s Vision flight deck as standard, based on the Rockwell Collins Pro Line Fusion avionics suite. Other improvements over the XRS variant include better sound proofing, lower fuel burn and extended maintenance intervals. It has a range of 6,000 nautical miles with eight passengers at Mach 0.85 cruise speed, with a maximum capacity of 17 passengers, depending on cabin configuration. The Global 6000 features the same fuselage cross section as the CRJ regional jet and Challenger 600 series business jet. A typical Global 6000 cabin features a three-zone layout with forward galley and crew rest area. A total of seven sleeping positions are available for a 14-seat cabin configuration. Deliveries of the Global 6000 began in 2012 and more than 320 were delivered.
The Global 6500 was launched in May 2018, alongside the Global 5500, which replaced the Global 5000. This completes the new line-up of Bombardier’s large cabin, long-range jets, with the 6500 positioned between the smaller Global 5500 and the larger, 7,700 nautical mile capable Global 7500. The Global 6500 features an optimized wing, updated Rolls-Royce Pearl engines, higher cruise speed, longer range of up to 6,600 nautical miles and a revamped cabin based on the Global 7500. Around 110 Global 6500s have been delivered to operators worldwide, and the 6500 competes in the same sector as the Global 6000 and its competitors.
Data Source: Amstat
Data Source: Amstat & ASG
At the end of Q3 2024, some 435 Global 6000s and 6500s were in service with commercial, government and military operators worldwide. North America had the largest based fleet with 135 Global 6000s and 63 Global 6500s, representing a 46.0% global share. Europe had a 31.0% based fleet share with a total of 110 Global 6000s and 26 6500s. A total of 43 Global 6000s and 6500s were based in Asia-Pacific, while the Middle East and Latin America & Caribbean regions each had a based fleet of around 20 aircraft.
In the Asia-Pacific region, Hong Kong was the most popular base location for Global 6000s and 6500s, with a total of 14 aircraft. Mainland China had a based fleet of 12, followed by India with eight, Taiwan with three, Japan and Malaysia with two each, and Singapore and Pakistan with one each. The Asia-Pacific based fleet comprised 33 Global 6000s and ten Global 6500s. Leading operators of the Global 6000 and 6500 in the Asia-Pacific region included TAG Aviation, Lily Jet and BAA.
Data Source: ASG Business Jet Fleet Report YE 2023
Data Source: Amstat & ASG
At the end of Q3 2024, there were 12 Global 6000s and five Global 6500s listed for sale, with an inventory value of USD 532 million. This represented just over 5.0% of the total global business jet inventory value. Inventory value of the Global 6000 and 6500 has been fairly consistent over the past 12 months, averaging around USD 600 million. Month-end inventory levels for the Global 6000 has fluctuated between nine and 18 jets over the past year, but has stabilized to around 12-13 aircraft over the past six months. The Global 6500, being a newer model, has lower inventory levels as expected at around five to seven aircraft over the past six months.
In terms of percentage of fleet for sale, the Global 6500 saw a fairly steep increase from just over 1% to over 7% by the end of Q1 2024, but this percentage has since reduced to 4.6% by the end of Q3 2024. This can be explained by the still small fleet of Global 6500s, and a small change in inventory level can lead to a more significant percentage change. The Global 6000, on the other hand, showed a fairly stable percentage of fleet for sale over the past six months at just below 4%. This suggests that the Global 6000 is in relatively higher demand compared to competing aircraft on the market.
Data Source: AMSTAT
Data Source: AMSTAT
Average asking prices for the Global 6000 have been fairly consistent since the start of 2024, at around USD 30 million. A small increase in inventory levels during Q2 and Q3 2024 led to a decrease in asking prices, with a slight increase by the end of Q3 2024 at USD 26.22 million. The Global 6500 recorded an increase of average asking prices going into Q2 2024, which has since remained stable at around USD 43.50 million.
At the end of Q3 2024, asking prices for a 2021-build Global 6500 ranged between USD 43.50 million and USD 44.50 million. Typical asking prices for Global 6000s were USD 23.90 million for a 2013-build higher time example; USD 24.995 million for a 2014-build lower time example and USD 31.50 million for a 2017-build with low hours.
The average number of days on market varied widely, especially for the Global 6500, but this variation can be expected for a new aircraft type that has yet to develop a mature pre-owned market.
At the end of Q3 2024, the average number of days on market were 102 for the Global 6000 and 190 for the Global 6500. There were 28 sale transactions recorded for the Global 6000 and 6500 during the first three quarters of 2024, which comprised 26 Global 6000s and two Global 6500s. Over the past 12 months, there were 36 sale transactions recorded for the Global 6000, in addition to four Global 6500 transactions.
The United States dominates the Global 6000 market in terms of both supply and demand, followed by the United Kingdom. Most of the aircraft sold were enrolled in either Rolls-Royce Corporate Care or JSSI engine maintenance programs, which adds value compared to those which are not enrolled. Pricing and ease of sale is also influenced by exterior and interior condition, cabin layout and any heavy maintenance checks due. The Global 6000 and 6500 both feature fairly standard three-zone layouts with forward galley, which does aid marketability, compared to some competing aircraft types which have more cabin layout options, some of which are much less desirable than others.
Data Source: AMSTAT
Data Source: AMSTAT & ASG
According to ASG’s market research, there has been a noticeable shift in 2024 from a seller-favored market to a buyer-favored market. This change is characterized by an increased market supply and a slowdown in inventory absorption. This trend is also evident in the Global 6000 pre-owned market, where more preowned aircraft are returning to the market, and sales are taking longer to complete compared to conditions one to two years ago. While the Global 6000 models are being phased out of production, the older Global 6000 has not been significantly impacted and remains relatively stable in terms of supply and market demand.
There is a lot of choice for pre-owned buyers in this sector, and the choice will be dependent on range requirements and cabin layout preferences. Pre-owned availability of the Global 6000 is at a relatively low level, although the inventory will likely increase as existing aircraft are traded for newer models. On the other hand, pre-owned Global 6000s would also be attractive to owners or operators who wish to trade up from older Global Express/XRS/5000 or Gulfstream models. The Global 6000 could also be suitable for those looking to upgrade from smaller jets such as a Challenger 605, Falcon 2000 or Gulfstream G450 to a large cabin, long range jet. There are very few pre-owned Global 6500s currently available, but these offer potential buyers the opportunity to acquire a young, lowtime long range jet with immediate availability.
Data Source: AMSTAT & ASG
Note: The market availability chart only shows aircraft for sale that have asking prices.