NordicDave
En-Route
This thread topic keeps coming up at least once a month.
The legacy fleet is aging out. Quality supply is diminishing. Count all the ramp rats and hangar dialects at many airports that are becoming scrap for recycling. Parts prices are escalating and will never go down as they are controlled by the Piper, Textron, etc. Quality planes that remain are in good demand and the cost of maintenance is ever increasing, which adds to the cost of a quality aircraft.
The legacy fleet is shrinking, replacement parts are increasing, and demand is up.
The younger generation has made a lot more money than the older generation. There is high demand for quality aircraft that bring the market up for everyone.
I remember having this debate with people back in 2005 about the insane prices of new and used aircraft. We are also experiencing a period of increased inflation and assets of all types are appreciating with a weaker dollar. Look at the cost of housing, used trucks, and airplanes.
The legacy fleet is aging out. Quality supply is diminishing. Count all the ramp rats and hangar dialects at many airports that are becoming scrap for recycling. Parts prices are escalating and will never go down as they are controlled by the Piper, Textron, etc. Quality planes that remain are in good demand and the cost of maintenance is ever increasing, which adds to the cost of a quality aircraft.
The legacy fleet is shrinking, replacement parts are increasing, and demand is up.
The younger generation has made a lot more money than the older generation. There is high demand for quality aircraft that bring the market up for everyone.
I remember having this debate with people back in 2005 about the insane prices of new and used aircraft. We are also experiencing a period of increased inflation and assets of all types are appreciating with a weaker dollar. Look at the cost of housing, used trucks, and airplanes.
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