Less Biz Jets for Sale in 2018
Fabrizio Poli
Entrepreneur, Aviation Advisor, Airline Transport Pilot, Pilot Coaching-Mentoring, Aircraft Buyer & Leasing, Futurist, Speaker & Author.
So what’s been happening so far in the biz jet market in 2018?
I use a great database called AMSTAT that lists all the private jets in the world, the owners contact details, and lists which ones are selling and have sold. I noticed that since the start of the year, there are 304 fewer than the same period in 2017. There are less aircraft to choose from and aircraft are also selling a lot quicker.
Two interesting highlights are 43 Gulfstream G550s sold in last 12 months and just this year 6 x Boeing Business Jets (BBJs) already sold!
The best planes, priced right are those that are moving the fastest.
Having the right advisor in this space is key. One of the advantages I have is being able to look for off-market opportunities. Many private jets are actually sold off-market. This means they are never officially put on the market because the owner wants things to happen quietly. People like myself are either contacted or know where to knock. Will an off-market jet cost less or be a better deal? This will depend. There will not be as many people after the deal so chances of you winning are higher.
With less aircraft on the market, pricing can be challenging. It may be a bit firmer. Don’t be too price focused and let your trusted aviation advisor guide you to the right jet for you.
Fabrizio Poli is an independent aviation consultant specialized in aircraft sales. He is also an accomplished Airline Transport Pilot having flown both private Jets and for the airlines. Fabrizio is also a bestselling author and inspirational speaker & has been featured on Russia Today (RT), TRT World, Social Media Examiner, Bloomberg, Channel 5, Chicago Tribune, Daily Telegraph, City Wealth Magazine, Billionaire.com, Wealth X, Financial Times, El Financiero and many other Media offering insight on the aviation world. Fabrizio is also regularly featured as an Aviation Analyst on Russia Today (RT) and TRT World. Fabrizio is also aviation special correspondent Most Magazine. Fabrizio is also considered one of the world's top 30 experts in using Linkedin for business. You can tune in weekly to Fabrizio's business Podcast Living Outside the Cube available both in video & audio. You can also follow Fabrizio's aviation videos on Biz Jet TV Fabrizio's latest book "Health4Flyers", the first natural-health book for and frequent flyers is now available worldwide.
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