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GA Flying Down 20%



 
 
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Old June 1st 07, 05:31 AM posted to rec.aviation.piloting
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Default GA Flying Down 20%

On May 31, 1:32 pm, "Dan Luke" wrote:
"Jim Logajan" wrote:
It does seem that there's an awful lot of used airplanes on the market
now. Anybody know how to find out statistics on this?


I have no answer for size of used market, but this web site has links to
trends in the size of new aircraft market:


http://www.gama.aero/home.php


It says shipments of new piston aircraft are down nearly 8%. Somewat ominous
in light of the fact that the last time the stock markets were this hot,
airplanes were selling like hotcakes.

--
Dan
? at BFM


The stock market is hot because companies are in cost cutting mode,
laying off americans and sending jobs overseas. At the same time,
they have succeeded in keeping salaries flat while inflation marches
on... Its great for short-term investors but hell for the middle
class.

 




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