By Carl Janssens, ASA | Chief Appraiser | Penton Aviation
It’s hard to believe, but 2015 is already nearly halfway into the history books. For business aircraft transactions, it has been a steady course, fair weather kind of activity. Nothing negative, transactions are occurring. Values, for the most part, continue to show depreciation. The question of when are values going to stabilize appears to offer its own conclusion by what is revealed through the transparency in recent sales data. The answer: “never.”
The summer issue of the Aircraft Bluebook Marketline is now available for download. This issue features:
Aircraft Values Stay Predictable
by Carl Janssens, ASA | Chief Appraiser | Penton Aviation
Business aircraft transactions have been on a steady course through fair weather. Nothing negative. Transactions are occurring.
Market Roller Coaster or Stability
by Dennis Rousseau | President and Founder | AircraftPost.com
During the last few years, AircraftPost has addressed many dynamics affecting the business jet market and specifically aircraft values.
Understanding How Maintenance Condition Influences Value
by Anthony Kioussis | President | Asset Insight
Maintenance condition is often an aircraft's greatest value "wild card," holding the potential to shift an asset's value in either direction, sometimes substantively.
By Chris Reynolds, ASA | Aircraft Bluebook
Aircraft Bluebook At-a-Glance has reviewed the current market status of the Bombardier Challenger 605 business jet. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry web site and various trade services.
CMS represents an aircraft’s current strength in the market. An A+ rating indicates the aircraft is enjoying a very firm market. Prices for an A+ aircraft are steadily rising, and holding times are very short or nonexistent. At the opposite end of the spectrum, a C- aircraft is one experiencing a very soft market. Its price is commonly discounted, and it often sets on the ramp in excess of eight months before selling. It is important to remember that Current Market Strength is not a forecast. It is valid only at Marketline’s effective date of release.
By Carl Janssens, ASA | Chief Appraiser | Penton Business Aviation Network
Business aircraft pricing in the pre-owned market appears to be soaring in ground effect.
The good news is that sales are occurring while, on the cloudy side, values, at best, try to maintain a flat trending posture.
Pre-owned aircraft pricing isn’t keeping time with commerce. From the sea, the West Coast ports of entry look like long-term parking lots for sea freighters: Lots of stuff awaiting their turn for deporting goods from the backlog created by labor disputes. Then, try driving on any Interstate. The amount of commerce on the move via countless eighteen wheelers is remarkable. And, don’t be caught waiting for a delayed flight during FedEx’s rush hour in Memphis. You might be there awhile. While all of this anecdotal evidence would indicate a more robust economy for pre-owned aircraft values, such is not the case.