By James Becker, Accredited Senior Appraiser and Mike Fischer – Aircraft Research Manager 4/14/2020 Are you considering purchasing a light jet? The light jet category is comprised of aircraft suitable for short or mid-range operations, with efficiency and low cost of entry as key advantages over larger aircraft. We have identified three aircraft that we …
By Jim Becker – Market Analyst and Accredited Senior Appraiser for Elliott Jets Let’s assume you’ve decided to take advantage of the low purchase-price for an older aircraft. What can you do to a) determine whether follow through with the purchase, and b) avoid the potential minefields associated with shopping for this class of aircraft? …
Continue reading “Economic and Functional Obsolescence Part 3”
By Jim Becker – Market Analysit and Accredited Senior Appraiser for Elliott Jets We have found that, for many operators, the answer to the above question is ‘yes’. Despite the fact that an aircraft has a physical life and an economic useful life (see Part 1 in the July edition of AvBuyer p78), older corporate …
Continue reading “Economic and Functional Obsolescence Part 2”
Should you scrap or upgrade your older aircraft? By Jim Becker – Market Analyst and Accredited Senior Appraiser for Elliott Jets An aircraft has both a physical life and an economically useful life. Generally defined, the physical life is the number of years or hours that the aircraft can be operated before functional or economic …
When looking at an advertisement for a used aircraft, there is almost always a mention of the paint and interior. What exactly is meant when the aircraft for sale claims to have “new” paint and interior?