Sun Air Jets Team Completes Gulfstream's FBO Ground Handling & Servicing Training

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Sun Air Jets is proud to announce that the entirety of the company’s FBO line service technicians have completed Gulfstream Aerospace’s FBO Ground Handling and Servicing Training.  Gulfstream says the program is “tailored for line service technicians,” and is “designed to improve dispatch reliability and increase safety for Gulfstream aircraft and the people who support them.”

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Pre-Owned Aircraft Trading Continues at Modest Pace

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Trading in the pre-owned aircraft market continued at a modest pace as the third quarter came to a close and aligned itself on fourth-quarter activity for 2010.
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Pre-Owned Aircraft Transactions Increase While Values Decrease

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There should be some optimism in our industry. Buyers and sellers are coming to terms with what the market will bear for a given aircraft. And with that, the pre-owned aircraft market is seeing more completed deals. The gridlock of available inventory is starting to show some movement. Values on the other hand remain soft with little signs of recovery.
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Used Aircraft Market Shows Signs of Better Days Ahead

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Finally, the pre-owned aircraft market moved in a positive direction in the first quarter of 2010. Late-model, large-cabin, long-range aircraft were selling at or better than values published in the Aircraft Bluebook.

External factors such as increased sales, a slight decline of available inventory and world market competition could all be considered causes for the improvement. Although this early indication of a slow recovery is in progress, it is too early to celebrate. Any positive sign going forward is far better than where the used aircraft market has been.

With the exception of the late-model, large-cabin class, most of the other business aircraft are not yet recovering in value. The good news is that values are showing more stability. Market activity is on the rise leaving a more optimistic perception that values are not exposed to the risks experienced in the last twenty months.

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Pre-Owned Aircraft Market Distracted by Bottom Feeders

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In the pre-owned aircraft market, bottom feeders are like red herrings. Bottom feeders — corporate aircraft that have no significant issues with their history, maintenance or condition and are marketed below Bluebook wholesale values — continue to be great opportunities for the fortunate few who buy without a blink of an eye. They also lead buyers into a false perception of value that only competition in the market can correct.
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