Excerpt:

The U.S. economy is heading towards stagflation

In remembrance of our roots, I’ve enclosed a link to Corporate Investor’s Official Guide to Aircraft Registration 2022. But our business now is far removed from business jets and aircraft.

We tackle a world upside down where everything is stacked up against the honest and hard-working man. When I talked about the fraudster Elizabeth Holmes four or five years ago, there were only unicorns in the tech jungle of Silicon Valley. Now there’re talking about “dragons”, private companies valued at $12 billion or more, net of capital raised. Axios The current U.S. dragons are: Stripe, SpaceX, Instacart, Epic Games, Databricks, Chime, Fanatics, Plaid, OpenSea, Miro and Grammarly. China has six, led by ByteDance. Dragons also are based in Australia, the Bahamas, India, Indonesia, The Bahamas and the U.K. [Axios]

I truly believe those fleeced nvestors who put money into Theranos did so to the extent they did because the Founder was female. The company lost most of the $945 MM it raised from investors when it dissolved amid regulatory probes and civil sanctions in 2018.

It’s all water under the water at this point. Look forward to more and egregious frauds coming out of Silicon Valley.

“According to the WSJ, after a long period of stagnation since 2008, “private-aircraft makers’ orders backlogs are swelling and used-jet inventories are at record lows.”

In the face of the political pressure of “flight shame” for the wealthy, those biz jets users are resorting more and more to flying rented “Uber-like” services such as Wheels up, VistaJet and Blade.

It also helps that some operators have lowered prices.

“When it comes to short trips, New-York based Blade is casting an even wider net, offering seats on private jets headed to Florida and Colorado for under $3,000-much closer to the cost of a first-class ticket than that of a charter flight.”

Charter services utilize the planes more efficiently, which somewhat lessens the environmental impact.”

John Sindreu, WSJ

“The anonymity of private-plane rentals could allow the rich to have their cake and eat it too”

Sales of new jets are booming, too.

“Orders in the 3rd quarter rose more than 50% over the past year acc. to Gulfstream (Gen. Dynamics), Cessna (Textron), Bombardier and Embraer [WSJ. Nov. 27, 2021]

As many as 25% of new business jets purchasers have never owned a jet.

“The average asking price for a used jet increased to $10.7 MM in October, about $1 MM higher than the pre-pandemic level two years ago, according to JP Morgan.”

WSJ

Aircraft brokers, on average take a 1 % commission (realistically), depending on the size and marketability of the aircraft.

So suppose that you’re selling this aircraft for example,

a Dassault Falcon 50, Year 1994, TTAF(Total Time Airframe) 6,855 hrs. -it was listed last year at $2.5 MM. Full details here. Comission: $25,000.

Note: Video below may be a different aircraft.

For most important considerations to aircraft purchases,  I recommend reading NetJets Buyers Guide

Arguably the most qualified and reputable brokers  are NARA (National Aircraft Resale Association) certified and adhere to NARA’s Code of Ethics.