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Vol. 27, No. 4  | Monday, December 15, 2014

2014, Year in Review

Carl Janssens, ASA | Chief Appriaser                                Penton Aviation

With only a few weeks remaining in 2014, the pre-owned business aircraft market has definitely experienced recovery from the 2009 recession. Sales are up, days on market have been more refined and the opportunities for finding discounted pricing are increasing. The recovery appears to be in full bloom; however, depreciation still remains unchecked.

What was said last year is true: “flat is the new recovery.” Prices for the most part have not returned to the good old days of a bull market. Granted, the Gulfstream 650 has been an exception to the otherwise flat trend pattern, but the G650 is new technology and design that has been well received in the global jet market. And, looking forward to the new G500 and G600, this will no doubt follow in the same footprint of the G650. As for their legacy brethren, the G-IV and G-V, one can expect values to decline as the new technology enters the labor force.

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