OtisWinslow
August 25th 05, 09:42 PM
The used market is already projected to go in the toilet very shortly.
Prices
are starting to drop. A repeat of the 80s when stuff sold for a fraction of
it's previous value. High fuel prices. People are losing on investments and
having to sell off or not buy planes to replace those dollars. People are
going
to lose a lot on their planes.
"Peter" > wrote in message
...
> As posted here already, the UK government is proposing evicting its
> foreign registered GA aircraft:
>
> http://tinyurl.com/ar229
>
> Most of these are N-reg, and many would end up on the U.S. market,
> within a short time of each other. To retain worldwide IFR privileges
> the pilots would have to do the European IR and my view is that most
> would not find the time to work through the ground school. They would
> thus lose their European IFR privileges and many would sell up.
>
> If this action does succeed, other European countries are likely to
> follow in a wholesale eviction of mainly US-registered aircraft.
>
> I just wonder what would happen to the used aircraft market, if it saw
> the arrival of that many aeroplanes; a mixture of piston singles and
> twins, turboprops and some jets. Most would not be old Pipers and
> Cessnas.
>
Prices
are starting to drop. A repeat of the 80s when stuff sold for a fraction of
it's previous value. High fuel prices. People are losing on investments and
having to sell off or not buy planes to replace those dollars. People are
going
to lose a lot on their planes.
"Peter" > wrote in message
...
> As posted here already, the UK government is proposing evicting its
> foreign registered GA aircraft:
>
> http://tinyurl.com/ar229
>
> Most of these are N-reg, and many would end up on the U.S. market,
> within a short time of each other. To retain worldwide IFR privileges
> the pilots would have to do the European IR and my view is that most
> would not find the time to work through the ground school. They would
> thus lose their European IFR privileges and many would sell up.
>
> If this action does succeed, other European countries are likely to
> follow in a wholesale eviction of mainly US-registered aircraft.
>
> I just wonder what would happen to the used aircraft market, if it saw
> the arrival of that many aeroplanes; a mixture of piston singles and
> twins, turboprops and some jets. Most would not be old Pipers and
> Cessnas.
>