Buyers dipping more toes in pre-owned waters | Aviation International News

Buyers dipping more toes in pre-owned waters

Despite teetering over the abyss of economic collapse and having to overcome negative public perception surrounding corporate jet ownership, the used aircr

By Bryan A. Comstock

May 26, 2010

Despite teetering over the abyss of economic collapse and having to overcome negative public perception surrounding corporate jet ownership, the used aircraft market has battled back, slowly and perhaps surprisingly consistently, chipping away at a glutted market. Month after month since late 2008, buyers have stepped into the market and pared back the numbers to arrive at the lowest inventory level in a year-and-a-half.

Obviously, the massive hit on prices is what lured buyers back into the market. As a result of the slow but steady buying activity and resultant decrease in offerings, prices in many categories have established new trading ranges that provide greater clarity about the various models, allowing buyers to more easily rationalize offering prices, which typically serves to accelerate future sales activity.

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