Great Circle Aircraft, a business based in Kirkland, WA, has provided an aircraft market update, with professional analysis by aircraft broker Gene Clow. According to the market update, the latest advice is for Gulfstream G550 jet owners not to sell at the present time. This is because there have been so many recent sales of that particular aircraft and this has caused prices to decline temporarily.
Gene Clow from Great Circle Aircraft says: "The most expensive aircraft that you will ever own is the one you can't fly. May was the month of the preowned Gulfstream 550 sales, with 8 delivered. 57 aircraft in this segment sold in May 2017. Up 5 units from April. With this many sold, values suffer."
As shown on the company's Facebook page, they understand like no other the complexities of private jet sales and purchases. They offer their services to clients across the Northwest United States, out of Seattle, WA, on the historic Boeing Field. They provide services to those looking for jets for sale, or who want to sell their own jet on their own terms.
What sets the company apart is that they always only offer a single jet of a specific make or model at a time. This exclusivity ensures that they can always offer the best possible deal. Additionally, while based in the state of Washington, they also work with clients across Idaho, Utah, Montana, Oregon, and California. Clow's strategy is to "work locally but list globally" for the best combination of in-person service with the widest possible market to get results.
Gene Clow is a respected business jet consultant who founded his company in 2009. However, he has been in the aviation industry for over 35 years, which is where his passion lies. He believes in giving back, as well, however, which is why he started to volunteer for organizations that work with young people, encouraging them to gain employment as aircraft mechanics, a profession of which there is an extreme shortage, far more so than pilots. He remains one of the only professionals in the field who encourages careers in aircraft mechanics, and he enables young people to train in this field by letting them work on the jets that his company buys and sells.
SOURCE: Press Advantage [Link]
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