Preowned Market Awaits rebound Iannarelli says | Aviation International News

Preowned Market Awaits rebound Iannarelli says

Houston-based broker says small- to mid-cap companies hold the key to revived sales activity

By James Wynbrandt • Contributor - Business Aviation

May 21, 2015

Janine Iannarelli, president of aircraft brokerage Par Avion Ltd., in Houston, Texas, said here at EBACE the preowned market remains choppy and unpredictable. Buyers are returning to light aircraft in the $2 to $5 million range, even as there’s been “a softening of sales in some recent production large cabin aircraft,” she said.

Activity in the U.S. has been constrained because, according Iannarelli, “We’ve lost the middle market in aircraft sales, the small and mid-cap companies, public and private, in the $100 million to $200 million range. They’re not buying.”

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