Carl Janssens | Comments Off |
Entries in 2016 review (1)
Monday, January 30, 2017 at 10:45AM
By Carl Janssens, ASA | Chief Appraiser | Aviation Week Network
Year activity for 2016 has come to a close. December turned out to be an active month for trade and finance of business aircraft. While 2016 can be considered a year of continued recovery in the overall business aviation industry when it pertains to trade, values, on the other hand, have continued to decline. The primary factor in this current market environment is supply and demand. There is a lot of late-model inventory available for sale in the global market with the majority of transactions again occurring in the North American arena. Late-model aircraft in particular continue to show their vulnerability to value retention ...