Corporate aviation trends.

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·Nov 3, 2024

Trends in the corporate aviation world, especially purchasing and selling changes, based on a lot of things, could be interest rates, it could be market dynamics, could be wars, fuel costs. The market's always changing. Our job in the middle is to basically be educating our clients and trying to get the best opportunity and best prices for people we're representing as buyers and the ones we're representing as sellers, to try to keep that price as high as possible in the competing marketplace.

Most recently, in the last 5 years, since before COVID, the market's been like a roller coaster. The market was really trending down but very steady. When COVID first happened, it dropped, it died. Everybody thought the world was coming to an end, nobody was going to be flying, traveling—everybody's going to be locked up in their houses.

But as we all know, everybody started saying, you know what, we are going to live. Slowly, slowly, slowly, the interest started to smooth out, and then it started getting a little bit better and better. By the summer of 2020, we started seeing a slow increase in people coming back in the market.

URGENT: The FED Cancels Rate Cut, Market Plummets, Major Changes Ahead

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Corporate aviation trends.

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