Money » Preowned Aircraft

April 1, 2010
As winter loosens its grip and spring arrives, a similar thawing process is taking place in the heretofore frozen tundra that the used-aircraft market had become. Trading has increased because sellers have accepted the new price territory that has been established-or is being established, depending on what model we're discussing.
February 1, 2010
After used aircraft inventory reached an all-time high last July, the market sustained a month-over-month decrease in supply, falling 8 percent below its peak of 3,100-plus.
December 1, 2009
WHEN 2009 BEGAN, the preowned market was like a punch-drunk boxer trying to regain his footing. Down but not out throughout the year, the industry struggled to build strength and stability after absorbing an uppercut delivered by an economic near-catastrophe and then a barrage of power-of-the-pen jabs thrown by often-sensationalistic journalists.
October 1, 2009
I recently was invited to the Los Angeles Dodgers' Sports Camp, or "fantasy camp" as some call it. Unlike most of the events I attend, this one was unique in that I was the only aircraft broker present. At lunchtime-after we'd spent the morning trying to look our best hacking at the fastballs and changeups that zipped our way-we were asked to recount our business experiences.
September 1, 2009
Granted, President Obama's use of a private, albeit publicly owned, jet for a New York date night in May might have done more to fulfill a campaign promise to his wife than it did to support our industry. Still, it was a show of support.
April 1, 2009
When House Financial Services Committee chairman Barney Frank grilled bank CEOs in a recent televised hearing, I was surprised and even a little proud that my 10-year-old, Maddie, showed interest in the proceedings.
February 1, 2009
By not defending the attributes of corporate aviation, the not-so-big three Detroit automakers dealt a blow to executive travel and corporate flight departments. They did further damage during their subsequent road trip to Capitol Hill, which came across as an admission of guilt. [See 'Defending your Jet']
December 1, 2008
In recent years, it seemed there were five buyers for every aircraft. Now it
The general population may think jet owners are insulated from economic downturns, but the growing fleet of used aircraft suggests otherwise. Since the beginning of the year, available used inventory has risen considerably.
October 1, 2008
Gordon McCall's Motorworks Revival, which takes place annually at the Monterey [Calif.] Jet Center and serves as the kick-off for the Concours d'Elegance, lives up to its billing as "a very cool party...with classic cars and airplanes scattered over the acreage like a rich giant's toy box." So when our company received word from McCall that he had a static-display spot available for us at this
August 1, 2008
It dawned on me this morning that though I'm a used-aircraft broker, I have $90 million worth of offers on my desk for new jets-two aircraft that haven't even been built yet. So why are these transactions my business? Because when holders of new-aircraft positions look to resell them, they turn to used-aircraft brokers, not the jets' manufacturers, to orchestrate the deals.

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