Elliott Jets Releases Second Quarter 2015 State of Citation Market

Moline, IL April 21, 2015 – Following in-depth market research, Elliott Jets, the aircraft sales division of Elliott Aviation, released their 2015 Second Quarter Citation Market Report. This report includes an analysis of the current market for the CJ1, CJ2, CJ2+, CJ3, CJ4.  

The CJ1, CJ2 and CJ2+ have all seen more than a third of the amount of movement in Quarter 1 compared to the entire 2014 year. Between the three models there’s been 26 transactions in Quarter 1 compared to a total of 69 transactions for the entire 2014 year. 

The CJ3 market is right on pace to keep track with 2014’s transaction numbers with 12 Quarter 1 transactions and 39 in 2014. That’s a little over a fourth of the amount of movement this quarter compared to 2014.   

The CJ4 market saw sizeable movement in Quarter 1, with almost half of the amount of the transactions that the market saw in all of the 2014 year.  Quarter 1 transactions totaled three while the entire 2014-year concluded with a total of seven.

“The Citation models that we’ve looked at are all seeing more than enough movement to keep pace with previous years’ numbers.” Says Jim Mitchell, Executive Sales Director at Elliott Jets.  “The indications are that activity and pricing will remain the same.” 

More information can be found here: http://www.elliottjets.com/market-reports/cessna-citation-market-report/

As one of the longest-standing aviation companies, Elliott Jets leverages eight decades of aircraft sales experience to guide you through the sale. Our team is dedicated to offering an exceptional brokerage or acquisition experience. Elliott Jets currently has sales offices in Moline, IL, Minneapolis, MN, Des Moines, IA, Los Angeles, CA, and Atlanta, GA. For more information, visit www.elliottjets.com.