Pre-owned Update: Another Year of Limbo for Buyers and Sellers

An old axiom for Wall Street players advises to “sell in May and go away” and clearly most investors would have done well to follow that advice last year, as the stock market began a several-month slide. The correlation of the stock market to the vitality of the aircraft market is easy to see when looking at used inventory levels from May and June a year ago and the ups and downs experienced since then. Some model types that were in recovery mode and looked nearly poised to go from falling in value to increasing in value, or at least maintaining stable pricing, have once again appeared on the market in larger quantities.