NAFA member, VREF President Jason Zilberbrand, discusses how the used business aircraft sales market is performing moving into 2022?
What a difference a year makes! The doom and gloom within the pre-owned aircraft sales market just over a year ago is almost hard to believe. VREF's Jason Zilberbrand summarizes the latest market report for Q4 2021...
While there are still many unknowns in terms of the global supply chain, inflation, interest rates, and another winter of pandemic, the one thing we can say for sure is that General Aviation is back, as evidenced by recent used aircraft sales activity.
There was a time when that wasn’t even a thought. Cheap airline tickets, and service to every part of the world made it easy to forget how critical General Aviation is to the economy.
Today, however, the erratic behavior of passengers on commercial flights has been problematic, leading to a number of aborted flights. Attacks on airline employees and fellow passengers have made the headlines. As if the airlines needed any more issues to deal with, they also face labor problems, pilot shortages and vaccination mandates. These issues have helped propel private air travel, giving it a prominent place in today’s economy.
This article was originally published by AvBuyer on December 28, 2021.
