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snapshot of SEL market



 
 
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  #11  
Old May 12th 08, 11:17 PM posted to rec.aviation.owning
RC_Moonpie
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Default snapshot of SEL market

On Fri, 09 May 2008 10:12:56 -0500, Gig 601Xl Builder wrote:

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.


After both of you wake up and quit dreaming.
 




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