Interior refurbs provide alternative to new jet buys
At a time when the business aviation industry is showing signs of recovery, you may be wondering whether it makes more sense to update a used airplan
At a time when the business aviation industry is showing signs of recovery, you may be wondering whether it makes more sense to update a used airplane or buy a new one from a manufacturer. Some brokers, analysts and consultants say you’re now often better off putting money into a good used aircraft–one you buy or one you already own–than opting for a factory-fresh model.
One dramatic recent example of how this can pay off involves a Boeing 777 that the buyer purchased shortly after an airline retired it. The total cost–which covered acquiring the jet and having it gutted and finished in a government executive/VIP configuration–slightly exceeded $70 million.
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