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The super mid jet market supply continues to increase and has now passed the 10 year monthly average for this segment causing seller expectations to cool and for average asking prices to fall by 7.5% over the last 12 months. The average ask price for the segment is significantly higher than year over year. Given the discontinuation of the preowned aircraft 80% depreciation law at the end of Q4 in 2023, will these numbers rebound on the end of the year report? In certain super mid jet aircraft, possibly, but overall we believe this trend will continue, albeit at a slower rate.
If you want to list your aircraft or would just like a current market valuation, contact Tim Palma at 317-414-1044 or email tim@solutionsaircraft.com
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