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So how does the new used aircraft market work?

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#1
Kontio

Kontio

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I understand that you make bids to buy aircraft and offers to sell them. When a bid and an offer match, the system automatically executes the sale. This is how I have always thought it should be. What I don't understand is how am I supposed to do business if I can't see the bids and offers anywhere? It is just showing the values of the aircraft, which is rather pointless. What I want to see is what is the highest bid and the lowest offer at the moment, and also the second and third best offers, if possible. I also want to see the price of the latest sale for any given airplane. The whole idea with a stock market type system is that all this information is public.

So am I missing something here, is the information available somewhere? What do I have to do to sell my Beeches?
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#2
travelhouse

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This is still riddled with bugs, it is well the way I understand it.

You can sell any aircraft by offering it for sale, best to list it at value or close to it, then if I or another bids within 10% of your price I get it.

But, and here is the problem, if you list a B1900D it will be 5-yrs old it will if you can de-list it, say it’s a new 0-yrs and a value of $9m

If you happen to place a bid for a used B1900D it will in many cases take the $9m or close to it away from your account. BUG !!

To purchase, is also the same, it will not see the real age of the aircraft, this used market program will assume that all aircraft are new and 0-yrs old.

In last round most of us mothballed them rather then risk the event of massive amounts being taken from our cash-flow.

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