The hunger for pricey jets is just the latest example of the booming billionaires economy, where demand for mansions, boats and many collectibles has surpassed pre-Covid levels.
The lack of pre-owned US aircraft for sale sometimes sparks “a feeding frenzy”, when quality aircraft become available, according to Wayne Starling, International Aircraft Dealers Association (IADA) executive director and industry consultant. Other keynote themes on the second day of Corporate Jet Investor’s Miami 2021 conference yesterday (November 3rd) were: the future of charter, aircraft finance, climate risks … Continue reading "CJI Miami 2021: Day two – Lack of inventory sparks ‘feeding frenzy’"