Bizjet Broker: 2020 Uncertainty Driving Used Activity | Aviation International News

Bizjet Broker: 2020 Uncertainty Driving Used Activity

Mente Group thinks political and economic uncertainty in the U.S. is driving higher pre-owned business jet activity.

By Jerry Siebenmark • Senior Editor

October 20, 2019

After a slow summer for preowned business jet sales, Mente Group (Static SD709) president and CEO Brian Proctor said he’s seen a notable change in the market. It’s why he expects a swing to more preowned transactions between now and year-end. “It feels like right now, on the buy side, that there’s more activity than there’s been in a while, with a lot of people focusing on trying to get things closed before the end of the year,” Proctor told AIN.

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