of summer, usually resulting in a seasonal adjustment in activity.
The used aircraft market often synchronizes its pace with the lazy days
of summer, usually resulting in a seasonal adjustment in activity. A slowdown in a slow market can be excruciating, but perhaps it is a respite before one of the more active times of the year. Inventory levels have dropped steadily since last summer. In fact, the supply has whittled down by nearly one aircraft a day (down 364 since this time last year). That might not be an eye-popping drop, but it is noticeable nonetheless.
What is being brought up more and more is aging aircraft and their effect on the pre-owned market. It’s a point well taken. If you look at how many aircraft manufactured since 2000 are in operation and figure out the percentage of that group that are currently for sale you arrive at a figure that is slightly below 10 percent, the number often used to define an average supply. The number rises to 15 percent if you factor in all aircraft currently for sale against all aircraft produced and in operation. While older aircraft are selling, buyers are clearly paying more attention to newer aircraft.
