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significant model improvement. For example, for the B200 and 350 both, prices increased between 2008 and 2009. This is likely because in 2009, the five-year-old
aircraft was a 2004 model which was equipped with Collins Pro Line 21 avionics. The market really didn’t increase, but the value of the five-year-old aircraft did. You can see this in other models as well.
Summing it Up
As demonstrated, prices are down in 2017 for all of these King Air models. The newer models tend to take the biggest hit as they are still on the steep part of their depreciation curve. Although pricing for the King Airs continues to be soft, we are seeing signs of stability in certain markets compared to previous years.
As you can see from the graphs shown, pricing is at historic or near historic lows. With the growing optimism in the used aircraft market, it is a safe bet that 2018 would be the perfect time to purchase a used King Air. KA
Figures for days on the market and aircraft transaction numbers are courtesy of JETNET LLC. Graph data courtesy of Aircraft Bluebook.
Jim Becker is a graduate of the Aviation Institute at the University of Nebraska at Omaha, and also holds an FAA Airframe & Power Plant Mechanic license. With over 25 years in the aviation industry, 20 of those years have been with Elliott Aviation in the capacity of valuing aircraft. Jim is also an Accredited Senior Appraiser with the American Society of Appraisers. He can
be contacted at jbecker@elliottaviation.com or by calling (515) 285-6551.
MARCH 2018
KING AIR MAGAZINE • 7