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On Mon, 01 Nov 2004 22:50:09 GMT, "Mike Rapoport"
There was a period recently where used airplane appreciated, mostly because the new airplanes weren't improved over the older ones. Cars would hold their value if manufacturers produced the same models for decades without improvement. Now that virtually all new airplanes are being delivered with glass cockpits you can expect the old ones to continue sliding. This is an interesting viewpoint, and it will be interesting to see what happens to the price of used planes. I personally think the used market will move sideways, perhaps a bit down for a while, largely driven by increased fuel and insurance costs and the overall economy reflecting a lack of free cash to indulge in the aviation market. -Nathan |
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