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Old 26th Apr 2020, 13:43
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JHansell
 
Join Date: Apr 2020
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Of course there are good deals to be had right now, the price of business jets is rock bottom like any other asset. For the same reason a terrible time to sell Falcons.

From asianaviation.com - covid-19-business-aviation-tries-to-weather-the-storm

"As for deliveries, Dolski says some OEMs are halting production or slowing down completions and that could have an impact on deliveries. But, he added, “with the limited and constantly changing number of places to fly, a number of new owners are not concerned with delaying acceptance of their aircraft and in fact would prefer delaying the outflow of funds toward an asset that they cannot utilise for the intended purpose. Preowned aircraft prices are dropping so it is a good time to buy. This being said, non-distressed sellers are pulling their aircraft off market until the market bottoms out. Some high-net-worth individuals whose personal finances have been negatively impacted by the COVID impact will try and see if they can exercise an out clause in their aircraft purchase agreement after a force majeure period has passed in order not to take delivery of their aircraft.”
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