Don't be Surprised by Aircraft Sales Expenses
- Published in Aircraft Buyers Advise
Trying to find effective approaches to buying and selling airplanes in these unprecedented market conditions is, to say the least, challenging and expensive.
Recent economic events and lawmakers criticism of corporate aircraft ownership have combined to created a stampede of sellers into the aircraft marketplace. Simultaneously, financing for aircraft purchases all but vanished sending buyers to the sidelines. The result is the largest inventory of unsold airplanes in recent memory.
Mainstream airplanes are languishing. For instance, 14.1 percent of the King Air 200 fleet, 15.5 percent of the Citation CJ2 fleet and 14.3 percent of the Lear 35 fleet are advertised for sale -- there are probably many more airplanes from each fleet that are unadvertised but are, nonetheless, for sale. These percentages represent an exceptionally large inventory of mainstream airplanes, if ten percent availability is representative of a balanced marketplace between buyers and sellers.
