Pre-Owned
Aircraft Trading Continues at Modest Pace
Carl Janssens, ASA | Aircraft
BluebookâPrice Digest
[View
the charts.]
Trading in the pre-owned aircraft market
continued at a modest pace as the third quarter came to a close and
aligned itself on fourth-quarter activity for 2010.
Inventories
available for sale grew slightly. Also noteworthy was the decrease of
aircraft being sold with minimal time-in-market exposure. Days on market
were significantly higher, which allowed a better opportunity to fetch
maximum value in current market conditions. Time and condition also
contributed to being a variable in the equation. Well-equipped,
ready-to-fly aircraft had the largest audience of interest. Price
competition remained limited. Sale prices continued in a downward trend
or remained stagnant according the particular model
group.
Several noted outside indicators have a relationship to
the health of the pre-owned aircraft market. The General Aviation
Manufacturers Association (GAMA) reported that shipments of turboprops
and business jets manufactured worldwide were down when compared to the
same time frame in 2009. Large fleet sales, such as those announced by
Embraer recently, will have a future impact on pre-owned inventories
when new deliveries replace current aircraft.
On other economic
fronts, the $600 billion Federal Reserve QE2 (second round of
quantitative easing) has yet to be observed as an action that will
create growth in the business aviation sector.
On related
business fronts, brokers dealing with the sale of corporations and
businesses are reporting more activity with transactions closing after a
long drought. Opportunities to do business are again starting to
flourish.
Read more 
|
|
About this newsletter
This message was intended for: #email#
To unsubscribe from this newsletter, click
here.
To subscribe, click
here.
For questions concerning delivery of this newsletter,
please contact our Customer Service Department at:
Aircraft Bluebook Marketline E-Newsletter
A Penton Media Publication
US Toll Free: 800-400-5945
International: +1-913-967-1719
Penton Media, Inc. | 1166 Avenue of the Americas, 10th Floor | New York, NY 10036
Copyright 2010, Penton Business Media Inc. All rights reserved.
The content in this newsletter is protected by United States copyright
and other intellectual property laws and may not be
reproduced, rewritten, distributed, re-disseminated,
transmitted, displayed, published or broadcast, directly
or indirectly, in any medium without the prior written
permission of Penton Media.
Privacy Statement
View Penton
Media's privacy statement.
| 
|
|
