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Would ~ 500 planes depress the U.S. used aircraft market?



 
 
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Old August 23rd 05, 03:20 AM
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Default Would ~ 500 planes depress the U.S. used aircraft market?

In rec.aviation.owning Peter wrote:
As posted here already, the UK government is proposing evicting its
foreign registered GA aircraft:


http://tinyurl.com/ar229


Most of these are N-reg, and many would end up on the U.S. market,
within a short time of each other. To retain worldwide IFR privileges
the pilots would have to do the European IR and my view is that most
would not find the time to work through the ground school. They would
thus lose their European IFR privileges and many would sell up.


If this action does succeed, other European countries are likely to
follow in a wholesale eviction of mainly US-registered aircraft.


I just wonder what would happen to the used aircraft market, if it saw
the arrival of that many aeroplanes; a mixture of piston singles and
twins, turboprops and some jets. Most would not be old Pipers and
Cessnas.


There are 2262 piston single engine aircraft listed for sale on
controller.com alone right now.

Throw in all the other listings, discard the duplicates, and that's a
lot of airplanes for sale.

Unless the majority had some commonality, e.g. a lot of 182s over a
narrow year range, I doubt it would make much difference and then
only over that range.

But then again, I could be wrong, and as I'm airplane shopping I wouldn't
be adverse to prices falling for a while.

--
Jim Pennino

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