Business Aircraft Market Recovering Despite Economic Woes

News networks these days have few positive perceptions when reporting on the U.S. economic recovery. Stories cite home foreclosures, a lack of jobs and the price of gas as prospective signs of a weak economy.

While doubts persist about the United States in an economic recovery, the business aviation sector is not following suit. For instance, late-model, large-cabin, long-range aircraft are selling at or above values published in the Aircraft Bluebook.

While North American business aircraft transactions have been lackluster, increasing sales on other continents are supporting the overall business aircraft market. Whatever the reason, inventories for late-model aircraft for sale continue to shrink. This can be interpreted as an indication of values held in check.

New aircraft models designed and equipped with the latest technology are breathing new life into the industry. Legacy aircraft, on the other hand, will never experience an economic comeback. Darwin’s “survival of the fittest” affects business aircraft, too.

While the U.S. economy still struggles to make a better comeback, business aviation has wheels in the well for the long haul.

Carl Janssens, ASA
Aircraft Bluebook-Price Digest®
9800 Metcalf Avenue
Overland Park, KS 66212