Jay Mesinger is the CEO and Founder of Mesinger Jet Sales, an international aircraft brokerage firm, and has been regularly contributing to AIN since 2018.
With the preowned business aircraft market normalizing, it's important to right-size pricing rather than overprice and assume the market will correct it.
After two frenetic years, Mesinger Jet Sales CEO Jay Mesinger expects business aircraft pricing and transactions to return to a more normal state in 2023.
We are approaching the end of the second year of record purchases by first-time business aircraft buyers. I check in on some of them to see how it's going.
The hot preowned business aircraft market continues unabated, but the industry still must strive for balance to prevent a hard landing when it cools off.
Aircraft buyers should be focused on finding the right aircraft and doing proper due diligence instead of racing to meet a deadline to capture a tax play.