FAA Administrator Babbitt to Present NBAA with Aviation Hall of Fame's 'Spirit of Flight' Award
/Cutter Aviation Announces Promotion of David Lohmeyer to Director of Aircraft Services for Phoenix Sky Harbor (PHX) Location
/How Do I Post My FBO's Fuel Prices on Your Site?
/Used Aircraft Market Shows Signs of Better Days Ahead
/Finally, the pre-owned aircraft market moved in a positive direction in the first quarter of 2010. Late-model, large-cabin, long-range aircraft were selling at or better than values published in the Aircraft Bluebook.
External factors such as increased sales, a slight decline of available inventory and world market competition could all be considered causes for the improvement. Although this early indication of a slow recovery is in progress, it is too early to celebrate. Any positive sign going forward is far better than where the used aircraft market has been.
With the exception of the late-model, large-cabin class, most of the other business aircraft are not yet recovering in value. The good news is that values are showing more stability. Market activity is on the rise leaving a more optimistic perception that values are not exposed to the risks experienced in the last twenty months.