A lifelong aviation enthusiast who joined&nbsp;AIN&nbsp;in 2007, Curt came to&nbsp;the publication&nbsp;from the broadcast industry where he was a national science and technology television reporter and producer. He writes on the FBO field, aviation finance, and sustainable aviation and occasionally contributes to&nbsp;AIN&nbsp;sister publication&nbsp;Business Jet Traveler. Curt was a member of the AINtv reporting staff that won the 2008 Aerospace Journalist of the Year award for Best Airshow Daily. That same year, he was a finalist for another AJOYA award. He earned an AJOYA for Best Business Aviation Submission in 2018 and was a finalist in that category in 2021. He received the National Air Transportation Association’s&nbsp; Aviation Journalist Award in 2012 and won a Pegasus Sapphire Business Aviation Award for outstanding journalism in 2021.
Before joining AIN, Curt worked with&nbsp;Consumer Reports’ television division, CRTV, and for several local television news staffs. An honors graduate of the State University of New York at Stony Brook, he earned a master’s degree in broadcast journalism from Boston University in 1995. Curt lives in New York State with his wife and two young sons.

Senior Editor

Curt Epstein

Preowned aircraft transactions have fallen in the face of the Covid-19 pandemic, according to industry data provider Asset Insight’s just-released <a href="https://backend.assetinsight.com/storage/article/file/HG6Q8mYqOMkrlLpax6ixU6WteGinxZqu.pdf">Q2 AI2 Business Jet and Turboprop Market Report</a>. The analysis showed that jet prices have fallen as well, by 3.6 percent during the first half of the year. This decline was&nbsp;led by the large-cabin jet segment, which was down nearly 10 percent, and followed by midsize jets, which were off 5.2 percent.

 


Bucking the trend, and reflecting their higher current usage, was the light jet category, which saw prices increase by 8.8 percent during the period. Turboprop pricing, however,&nbsp;saw a decline of more than 5 percent. Asset Insight noted that the average days on market&nbsp;increased by an additional 0.6 percent during the second quarter.

 


“We’ve all been living in an unusual time, both professionally and personally,” said company president Tony Kioussis, adding that while the downturn in sales was not unexpected, there have been stirrings of late in the market. “We started to see an increase in activity during late June, which could bode well for the industry. With the strong quality of aircraft listed for sale, this time should certainly be seen as an opportunity for buyers.”

Light Jet Market Sees Pricing Increase Amid Pandemic

While most business aviation pricing has dropped due to Covid-induced sluggish sales, the light jet market shows resiliency, according to Asset Insight.

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