Jay Mesinger is the CEO and Founder of Mesinger Jet Sales, an international aircraft brokerage firm, and has been regularly contributing to AIN since 2018.
The hot preowned business aircraft market continues unabated, but the industry still must strive for balance to prevent a hard landing when it cools off.
Aircraft buyers should be focused on finding the right aircraft and doing proper due diligence instead of racing to meet a deadline to capture a tax play.
Even in this frenzied preowned business aircraft market, it's important for buyers to use common sense and not cut corners during sales transaction process
The business aviation industry is vibrant and will come back, and the market will enjoy a resurgence of first-time buyers looking for a safer way to travel
The current Covid-19 pandemic is not a reason to devalue business aircraft. We must get through the crisis before we can determine its effect on pricing.
Being able to anticipate preowned bizjet market moves is the key to staying ahead, and having the right partner to give intelligent guidance is critical.
In the business aircraft broker community, we banty about the word pedigree as a badge of honor. We apply it to aircraft, but maybe we need to expand that?