“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”
Some bizjet values in 'dire straits,' consultant says
Business jet valuations for pre-mid-1990 models are in "dire straits" and likely will never recover, according to Conklin & de Decker vice president David Wyndham. "Many of the early, first-generation business jets are probably at or near their salvage value: the value of their individual airworthy components," Wyndham noted in his company's newsletter. "Given their relatively high operating costs, many of the oldest models, although airworthy, are near the end of their economic useful life." Meanwhile, he expects business jet values for mid-1990 to early 2000 models to see a mild recovery, but probably not until after 2012. Wyndham predicts that values for business jets less than about five years old will recover first and most strongly.