Since the Dassault Falcon 7X entered the scene in 2007, the focus of the Manufacturers for new model development has been on the ultra-long-range segment. Since that time, the OEMs have either built and produced, or announced, no fewer than 7 models and revamped two models. For a buyer looking for a new aircraft with more than 4,500 nm of range, there are now 15 models to choose from. Keep in mind that in the early 2000s, there were only 2. Gross margins are higher in the long and ultra-long-range segments than for smaller cabin aircraft, and in poor economic times this higher value segment has proven to be more resilient to demand fluctuations than the other segments. As a result of these new models coming to the market, competition in this space has been increasing as OEMs are not only competing with other manufacturers, but many times within their own product range.
Each model offers something a little different, but ultimately the differences come down range and price point. The Falcon 7X and 8X have a presence in the pre-owned market as well, which offers a lower price tag than brand new from the OEM.