“ Unfortunately, many of those selling a legacy jet will want to buy a late model for higher fuel efficiency.”

Chip, no 501 owner is trading in on a CJ to save 20 GPH at a 3-6x increase in capital costs.

Gas prices you see today are simply inflation adjusted. Gas is still pretty cheap.

Mike

It's also the cheapest expense in flying.

Chip-

How high does fuel have to go before people stop flying and inventory rises?

This might show up behind a paywall but give it a try: https://www.wsj.com/articles/private-fl ... mail_share

In case you can't read it, some excerpts:

"Sales are being propelled by wealthy individuals—many of them first-time buyers"

"Jet makers, especially those making smaller planes carrying six to 10 passengers, said buyers who have never owned a private jet account for as much as a quarter of sales, far higher than historical levels. Some customers include fliers who previously traveled commercially but have shifted toward business jets for health and safety reasons during the pandemic, according to Eric Martel, chief executive of Bombardier."

"Industry executives said as many as a quarter of buyers of new planes this year haven’t previously owned a jet. Michael Amalfitano, CEO of the executive jet arm of Embraer, said at a recent industry conference that users were also getting younger, including millennials and those from Generations X and Z."

I still think many of these new owners are in for a surprise when maintenance bills start rolling in and the pilot shortage gets worse.

Fractionals are expensive, but I get how that comvenience has so much value.

More inventory coming online, I was just offered an off market G550 and DA7X.

I’m thinking more along the lines of sell a Lear 35/45 and buy a CJ3. Assuming you can afford the payments, a loan on a $4M airplane starts to look enticing when you consider term of financing and lower operating / fuel cost.

Maybe a $4M CJ3 should be in green…

I’m thinking more along the lines of sell a Lear 35/45 and buy a CJ3. Assuming you can afford the payments, a loan on a $4M airplane starts to look enticing when you consider term of financing and lower operating / fuel cost.

Maybe a $4M CJ3 should be in green…

A CJ3 can be had in the 4’s

You should change the subject thread title to: "We have access to off-market turbine aircraft!"

Send them my way, I’ll take 3!

The 2006 with original paint and interior?

They'll probably get mid $4's but not from my client.

If it's on Controller and not sold... there's a reason.

The 2006 with original paint and interior?

They'll probably get mid $4's but not from my client.

If it's on Controller and not sold... there's a reason.

A good percentage of them aren't.

Anything still on Controller right now in the business turbine class probably has a serious issue of wrong price, bad condition, etc, because it is easy to sell right now without ever having to go to a listing service.

I've received unsolicited offers on my V approaching double what I paid a year ago. I'm not selling because I can't replace it and it now has my sweat equity in getting it into shape. I'm emotionally committed to keeping it for a while.

Mike C.