Money » Preowned Aircraft

September 23, 2014
The prepurchase inspection is a key event in any business aircraft sales transaction.
July 10, 2014
Dassault Falcon 7X
As soon as its first owner departs from the manufacturer’s delivery center, a new airplane technically becomes used (or preowned). For various reasons, however, 10 years after an aircraft’s final production date is generally considered the ­milestone separating “newer” used business aircraft from “older” ones.
May 16, 2014
Click to enlarge image
When you’re evaluating the state of the used-aircraft market, you need to look at more than the percentage of the worldwide fleet that’s currently for sale. You have to investigate availability in a variety of geographical areas and model-year ranges.
March 14, 2014
For some jet models, demand now exceeds supply.
January 22, 2014
It wasn’t until the end of the final quarter of last year that the used business jet market showed clear signs of direction. That’s when inventory moved noticeably lower after peaking at 2,600 in October. Just 60 days later, we were flirting with the 2,500 mark for the first time since the fall of 2008. 
October 4, 2013
Dassault Falcon 7X
Reduced inventories of several models suggest that, after years of weakness, the used-jet market is finally turning around. Though it’s too soon to start celebrating, we’re seeing more and more signs of a turnaround in the market for used jets.
August 6, 2013
Inventory Trends (click to enlarge)
Overall, jet buyers and sellers seem about evenly matched. But some models are in much greater demand than others. Gazing through the rearview mirror at the first half of 2013, we see that, overall, the number of used jets for sale is neither rising nor contracting. Some models are a different matter, however.
May 13, 2013
Gulfstream 550 (photo courtesy of Gulfstream)
It’s too early to predict overall sales for 2013, but one key indicator—the number of aircraft for sale—continues to tick lower, suggesting that a recovery is still ongoing. In fact, the number of available jets and turboprops is now at its lowest point in roughly five years.
February 1, 2013
An airplane seller who was acting as his own broker told me that he’d been abandoned at the sales altar on three recent occasions, each time because of issues with buyer financing. “Welcome to the club,” I thought.
December 1, 2012
Preowned Annual Report
The used jet market has had to ­contend with more than its fair share of obstacles over the past few years and 2012 didn’t offer any relief. They say that when the stock market moves up it climbs a wall of worry and that’s probably not much different from how jet buyers view the aircraft market. That said, there may be a bit less to worry about than there was last year at this time.

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Quote/Unquote

“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy