As reported by the Financial Times with additional reporting at Zero Hedge, used jet prices are falling like a rock. It’s a simple matter of too much supply and too little demand. This is evidenced also by new jet deliveries which have fallen by approximately 50% since the 2008 financial crisis.
About the Author
Michael Braasch is the Thomas Professor of Electrical Engineering at Ohio University (OU), a Principal Investigator with the Avionics Engineering Center (also at OU) and is the co-founder of GPSoft LLC (a software company specializing in navigation-related toolboxes for MATLAB). He has been conducting aircraft navigation research for 30 years and is an internationally recognized expert in GPS and inertial navigation.
