Aldredge looked at 25 jets and found all but seven of them are in a buyers’ market. If 10 percent of the fleet of, say, Lear 60XR aircraft are for sale, then it is a buyer’s market. If the percentage is less and few are available, it is a seller’s market. The Lear 60XR is in a buyer’s market because 22 percent of the Lear 60XR fleet is for sale, and the used inventory is growing. The Global Express, Falcon 900, Citation II, Beechjet 400A, CitationJet 525, and Gulfstream IV, IVSP, and V, are all in a buyer’s market. The Gulfstream 450 and 550 are in a seller’s market. You can see the whole list for yourself right here.
Posts Tagged ‘recession’
I mentioned this to a woman staffing an exhibit for a small firm that builds infrared cockpit displays for aircraft. Five months ago during an aerospace show a seemingly hot prospect made an appointment with her for a briefing on the firm’s products. After she finished her presentation he said, “Now I can make you an offer for your company.” She explained she was an employee, and selling the firm out from under her boss did not sound like a good idea. She later called the owner and said, “I think I just sold your company.” The offer was rejected.