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Old May 9th 08, 04:12 PM posted to rec.aviation.owning
Gig 601Xl Builder
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Default snapshot of SEL market

xyzzy wrote:
On May 9, 10:59 am, xyzzy wrote:
One of my club's instructors mentioned to me that with the weak
dollar, a lot of our fleet is being sold overseas, which is actually
helping the prop up the market some because local buyers are competing
with foreigners whose currency is significantly stronger.


And plus, those airplanes are never coming back here -- they are gone
for good. Our used GA fleet is being depleted.



Which will further help the market value once the economy rebounds.