Market for older bizjets likely to remain stagnant
Business jet valuations for pre-mid-1990 models are in “dire straits” and likely will never recover, Conklin & de Decker vice president and co-owner David
Business jet valuations for pre-mid-1990 models are in “dire straits” and likely will never recover, Conklin & de Decker vice president and co-owner David Wyndham said in a company newsletter last month. While 15 percent of the active fixed-wing turbine fleet is for sale, he said that more than 25 percent of aircraft more than 15 years old are currently on the market.
“This includes popular aircraft such as the Lear 20 series, first-generation Citations, Challengers, Hawkers, Gulfstreams and Falcons,” Wyndham noted. “Almost every older business jet aircraft type has significant inventories for sale. Conversely, the newer model years have much lower percentages of the active fleet for sale.”
