Aircraft
Pre-Owned Update: Buyers keep heat on large-cabin aircraft
The Russians are coming, the Russians are coming! The movie title of 41 years ago seems fitting to describe at least the perception of what is contributing

The Russians are coming, the Russians are coming! The movie title of 41 years ago seems fitting to describe at least the perception of what is contributing to the current uptick in the large-cabin segment of the used aircraft market. Tales of aircraft selling to Russians at extraordinarily high prices have begun to capture the attention of the market. In fact, the international market seems suddenly enamored of private jet travel, a fact that has spurred one of the most active periods since the late 1990s.

Last summer’s predictable inventory build-up just as predictably began to recede in the last quarter of last year, historically one of the busiest in aircraft sales. What caught many by surprise is that the traditional fourth-quarter activity poured into the New Year and has not stopped yet, five months into it.