Pre-owned Update: February 2016
This year looks to be a challenging one for pre-owned sales.


Attractive pricing and an active fourth quarter pushed inventory down in January to levels below the previous quarter. While that’s encouraging for sellers, inventory is still perched about 100 aircraft above the year-ago level and about 50 aircraft higher than the 12-month moving average of roughly 2,300. The year begins against a backdrop of a marginal Fed funds increase, a stock market correction and the lowest oil prices in a dozen years; how those factors will influence aircraft sales remains to be seen.