Prices drop for smaller business jets

I was a bit surprised to read the Financial Times report that the prices of smaller, used business jets have “plunged to new lows.” explains that a one-year-old Learjet can be had for a 40% discount from the purchase price of a new jet. New jets are down 25-35% over the past 2-3 years as deliveries between 2008-2010 have dropped 57%.

Larger jets have fared much better due to a more well-off clientele like celebrities, billionaires, and governments.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s