Post by
stockitnow on Jan 12, 2023 6:53am
Used bizz jet inventory and price
Inventory has gone up, mainly turbo props. Asking price is going down but value of used bizz jets are still higher then last year.
I think new jets are pushing older jets with higher maintenance cost out. OEM has been delivering record high of new jets recently. Not as high as pre 2008 but higher then post 2008.
From https://www.ainonline.com/aviation-news/business-aviation/2023-01-09/used-business-aircraft-inventories-climb-values-slip
Comment by
BBDB859 on Jan 12, 2023 7:44am
Thanks for that info Stock. I'm surprised that although inventory has gone up, the prices have gone up year to year. 18.76% increase for used inventory is huge year over year. Everyone wants more for their planes. Inflation?