Inventory levels of preowned business aircraft have diminished and great airplanes are harder to find. The days of going to the market to find an airplane and being successful in the search in a matter of days, based on a high level of supply against demand, are at least for the moment all but gone. Transactional activity is way up. I keep saying it is not yet a pure seller’s market, but for sure it is no longer a buyer’s market. It is a market with a high degree of balance.
Whether you are a buyer or a seller, balance in a market is a much safer place to be. No free falls in values and no thought that you have to pay premiums for a great airplane. It is with this distinction that we at Mesinger Jet Sales are now being sensibly bullish on the market. This means we are more willing to put an airplane on the market that we know checks all or most of the boxes from buyers at a higher price than we might have been willing to do just a few short months ago.
Jay Mesinger is the CEO and Founder of Mesinger Jet Sales, an international aircraft brokerage firm, and has been regularly contributing to AIN since 2018.
