Aircraft
Pre-owned Update: January 2015
Pre-owned inventory has been shrinking, despite a growing worldwide fleet that added more than 525 new aircraft in 2014.

As we embark on the New Year, we have to look closely at last year to see how difficult it is to predict how active–or inactive–aircraft sales will be. Last year held some real standouts such as the Citation Sovereign and Challenger 604, but even some that tripled in inventory (the G550) didn’t look as soft when you learned that the choices were spread fairly evenly around the globe. Europe still has an abundance of aircraft for sale, and if Mario Draghi is successful in pulling the Eurozone off the finance precipice you might see a recovery there. However, the recent slide in oil prices could act as an offset, keeping the Continent in the doldrums in the year ahead.