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We have seen this cycle and its ominous indicators many times since 1988…
Jet buyers are reluctant to step in and sellers are equally reluctant to reduce asking prices….then…boom !
We are seeing dramatic price reductions across the board…especially the weaker names such as Falconjet and Bombardier. Still, buyers want more blood shed on the hangar floor. There is apparently no bottom as yet…despite the vast amounts of cool aid being consumed by the jet broker community.
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The selected Pre-Purchase Inspection facility will perform a records review that will highlight any deficiencies in both the physical and digital records.
The startling bizjet price run-up of the covid era is a thing of the past and not only are more bizjets coming to market but buyers are once again able to be quite selective when evaluating the options.
Boom Supersonic is the latest entrant to the commercial supersonic airliner project line-up, and Boom hopes to redefine commercial air travel by bringing sustainable, supersonic flight to the skies.