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5/30/07

Used aircraft prices rise due to demand

Aviation Week features a story on the demand for business jets and how manufacturers and suppliers are trying to keep up.

Business jets are needed around the world, but getting them done has created a backlog of orders.

Because new jets are not available, the prices of used jets is going up. Some used jets have been sold for 110% of their price.

1 comment:

  1. Anonymous4:48 AM

    I agree. There is no doubt that demand for business jets are on the rise.

    There was the news earlier this month that Cessna took commitments for 40 Citation business jets at the European Business Aviation Convention & Exhibition in Geneva in May.

    We have also seen a steady increase in people interested in buying used Cessna aircraft at our site.

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