Page 16 - March 2022

“This market isn’t for the faint of heart; it’s hard to accept and even harder to understand.”
scenario – sure there is a risk if you buy now and the market drops and you lose. This is balanced by the potential reward – the market may continue to go up and your aircraft’s value along with it.
This market isn’t for the faint of heart; it’s hard to accept and even harder to understand. I’m in the business of providing information, I can tell you what’s going on, what I suspect may happen based on a multitude of factors, but I can’t predict the future. Today is Jan. 24, 2022, and you may be reading this in March thinking I’m a genius ... or an idiot. KA
Chip McClure has been in the aviation industry for over 20 years. He and his wife Amy founded Jet Acquisitions in 2015; the firm exclusively represents turbine aircraft buyers and specializes in King Airs, as well as all models of current production turboprops and jets.
was on the backside of a serious downturn in aviation and there was an abundance of inventory. It was truly a seller’s market because there were a lot of sellers who wanted to sell. I would classify today’s market as a constricted market, there is un- precedented demand and very few willing sellers. We have a team that spends its days talking to potential sellers and the most common thing they hear is, “Sure I’ll sell, but first I have to find the replacement!”
The best advice I can give anyone considering purchasing an aircraft is to ask yourself a simple question. Do you want an airplane or do you need an airplane?
If you want an airplane or want to upgrade and you can wait ... by all means, wait. I’ve been doing this a long time; the market goes up and it comes back down. It will likely take some type of catastrophic event to change the current trajectory of the used aircraft market, but that event will come. Things will settle down and life will return to normal.
If you are of the second group and you need an airplane, don’t wait. All indicators are that inventory will stay at historic lows and prices will continue to rise. You have to shake off the mentality of what things sold for; I know it’s hard ... it’s been hard for me. It’s a typical risk-reward
14 • KING AIR MAGAZINE
MARCH 2022