Page 14 - March24

“If you plan on selling, I predict now is the time.”
In summary, you can expect a jump of $500,000 to $1 million as you go up from model to model in the King Air line.
I’m still getting used to this “new normal,” but it does make sense.
What’s Ahead
This article was written focused on where the “new normal” was at the beginning of the year. I realize that everyone wants to know not how we got here but where we go from here!
It’s an election year and we’re already seeing the telltale signs that uncertainty unleashes upon a market – buyers are unsure of what will come. As a result, the market is softening across the board. If you plan on selling, I predict now is the time. I think the summer months will bring a slowdown as people “fly them instead of buy them” and combined with the negativity and uncertainty the looming election brings, it will only get worse. Regardless of what your aircraft will sell for today, I suspect it will be more than it will bring in July or August.
In the long run, values are likely to rebound. Good news is coming for many aircraft buyers, but you’ll have to grab the next issue of King Air magazine to find out what that is! 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.
12 • KING AIR MAGAZINE
MARCH 2024