| Used Aircraft Prices Stabilize in July |
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As previously reported, the used aircraft market has fallen in price dramatically over the last 12 - 18 months. However July has proved to show almost a complete halt in this trend with a stabilization of prices across the board.
However, this is expected to be a short-term slowdown and the industry speculates that prices are unlikely to holt or rise anytime soon. With a growing number of companies continuing to push aircraft for sale through urgent necessity, they are creating an increasingly competitive market which is driving prices down. At the smaller end of the scale buyers are spoilt for choice by the having such a large selection of aircraft to choose from, and larger yet slightly older aircraft (those preceding year 2000) are being sold for a fraction of their value in 2007. |
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Posted by: Aircraft hangar doors | October 28, 2009 at 11:18 AM