Pre-owned Business Jet YTD Sales Summary

Year-to-date transactions for out-of-production aircraft are up 10% from the same period 2010, while actual selling prices continue a downward trend.  Excluding depreciation, 2011 selling prices have decreased 10%. A contributing factor could be attributed to economic obsolescence.

Sales for the majority of current production [pre-owned] aircraft are down 10% while selling prices are showing a slight increase. This uptick could be due to a recent bout of irrational spending for select models.

YTD Pre-owned Sales Q1 2010 v Q1 2011

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