Tuesday, June 7, 2011
Today’s GA Market
A dynamic market has created an ideal opportunity for buyers and sellers
"We're not seeing as many distressed buyers anymore," explains Feldman. "When the economy first took a hit, those people that had to dump their airplanes did. Today, we're seeing a more stable market." That market still seems to be favoring single-engine pistons as core movers. "Where we're taking the hardest hit is in the higher end," he adds. Venerable airplanes, like Cessna 172s, 182s and Bonanzas, are still the airplanes that are moving.
The LAMA anticipates deliveries upward of 400 LSA in 2011, which is more than double last year's numbers.
Murry Malsbury is an aircraft broker in the Northwest, based out of Seattle, Wash. His segment of the market is slightly different, since he sees a lot of seaplane sales for the region, as well as more tailwheel and work airplanes for Alaska. Still, his view of the market is similar. "I'm seeing prices that were maybe half of what they were last year," says Malsbury. "The airplanes that are moving are 172s, 182s and those that have modern avionics." Malsbury agrees that prices are as low as they will ever get. "They are rock bottom. There really aren't any more desperate sellers."
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