On Mon, 01 Nov 2004 22:50:09 GMT, "Mike Rapoport"

There was a period recently where used
airplane appreciated, mostly because the new airplanes weren't improved over
the older ones. Cars would hold their value if manufacturers produced the
same models for decades without improvement. Now that virtually all new
airplanes are being delivered with glass cockpits you can expect the old
ones to continue sliding.

This is an interesting viewpoint, and it will be interesting to see
what happens to the price of used planes. I personally think the used
market will move sideways, perhaps a bit down for a while, largely
driven by increased fuel and insurance costs and the overall economy
reflecting a lack of free cash to indulge in the aviation market.

-Nathan