Buyers clamor for late-model and older aircraft
The price of admission to taking the high road continues to ratchet upward as consecutive quarter-over-quarter activity has been high since late last year.

The price of admission to taking the high road continues to ratchet upward as consecutive quarter-over-quarter activity has been high since late last year. Currently the roster of used aircraft for sale stands at 1,708, about 35 aircraft below the 12-month moving average. Roughly 35 of the 1,708 are aircraft positions, an actively traded segment of the market where sales can carry seven-figure premiums.

Challenger 300s, Citation CJ3s and Sovereigns, G450s and G550s are some of the hottest pieces of property around, often bringing prices significantly greater than those for new aircraft, since backlogs for those aircraft now extend into 2011 in some cases.

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