Maintenance and Modifications
Elliott Sells First G5000-equipped Citation 560XL
Elliott Jets' sale of a 560XL equipped with the Garmin G5000 suite brought in 85 percent of the retail price value, VREF estimates.

Elliott Aviation’s brokerage arm Elliott Jets sold the first available Cessna Citation 560XL equipped with the Garmin G5000 integrated avionics suite. Because the avionics upgrade retained about 85 percent of its retail price, the aircraft had a higher level of value retention than expected, according to estimates from aviation appraisal and valuation firm VREF Aircraft Value Reference & Appraisal Services. The sale also occurred in less than half the time of industry average, VREF said.