Page 10 - March 2023
P. 10
The King Air 200 market seems to be stable with prices elevated from last year, but no longer increasing for now.
for the King Air 200 series but ... what about the 350 series?
Textron built just over 20 King Air 360s last year and that wasn’t because of lack of sales; they sold every one they could build and have a serious backlog of orders. Thankfully, the oldest 350 was born in 1990 so they aren’t aging out anytime soon, but they still aren’t being produced fast enough to meet demand and there aren’t any real substitutes. This is why I saved the 350 series for later.
In my 2021 King Air market article, I talked about how King Air values were going up and the 350s were lagging behind. Those who heeded my advice are thankful they did! The average 350 has gone up at least $1 million and the later models closer to $2 million.
While the King Air 90 and 200 markets seem to be stable with prices elevated from the year before but no longer increasing, the 350 market is showing its independence. Inventory is very low and prices continue to rise.
In summary, the market for King Airs is stable and strong, no matter what happens overall. Our King Airs will continue to be the safe harbor in any storm. They’re reliable, economical to operate, and the safest investment you’ll likely make in a business class aircraft. 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.
9 17 30
8 • KING AIR MAGAZINE
MARCH 2023