Commercial airlines have created their own brand of “cancel culture” of late, unable to crew hundreds of Boeing and Airbus aircraft due to the pilot and staff shortage.
Curiously, demand for those aircraft only has increased – because if the airlines can’t use them, business aircraft owners can! In fact the median value of these aircraft has risen 32% since June 2021, according to market analyst Jefferies using Amstat industry data.
In More Room At The Top, King Aerospace’s Jerry and Jarid King discuss why that makes proper completion, maintenance, and regular refurbishment of VVIP airline-caliber aircraft more critical than ever, in order to preserve their asset value, as well as their operational capabilities.
When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor “Above and Beyond” podcast series to get you the information you need, enabling you to make the most of your aviation investments.
Publisher of Business Aviation Advisor, has nearly 50 years in business aviation including executive positions at aircraft management/charter and ground services companies. He is a past director of the NATA and Corporate Angel Network.
