Note the time span. While aircraft values have plumetted in the last 2-3 years,
there was a significant appreciation in aircraft values before the slump. Like
I said, if he's owned it long enough....

Tom Sixkiller wrote:

Consider yourself lucky; many aircraft values have plummeted the past few
years. Our company bought two aircraft in the past three years at
substantial discounts (like desperation sales...asking for $3.1 and selling
at $2.4 after sitting for six months and needing to get out of it.)

--
--Ray Andraka, P.E.
President, the Andraka Consulting Group, Inc.
401/884-7930 Fax 401/884-7950
email
http://www.andraka.com

"They that give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
-Benjamin Franklin, 1759