Bottom ‘Elusive’ In Used Bizjet Pricing, Analyst Says

The bottom in used business jet pricing “remains elusive,” says JPMorgan analyst Joseph Nadol. Average asking price fell 0.9% last month, with heavy jets down 1.5% and light jets down 0.3%. This brought May to “a new low for the cycle,” Nadol says. But medium jet prices inched up 0.6%. And, despite...

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