"Ray Andraka" wrote in message
...
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....

I imagine the surge in prices went along with the stock market bubble; same
thing with cars and other high priced goodies. When the bubble vurst, it
took a lot of things with it.

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.)