A64Pilot Posted May 4, 2022 Report Posted May 4, 2022 (edited) I think we are a year out from a Recession if one comes maybe longer, we are running on inertia now, and likely will be in one for six months before it really sinks in and people have to start cutting back on luxuries and dumping airplanes, yachts, beech houses etc. Prices for aircraft are currently at a high and will come down drastically if we have a recession of course, so if your thinking about maybe stopping, right now is the time to sell, I can’t remember prices being this high, ever. If we have a recession I’m thinking you’ll be lucky to get half what you can now. If we have a recession things won’t be back to normal by 24 I don’t think. Time will tell. Edited May 4, 2022 by A64Pilot 1
Fly Boomer Posted May 4, 2022 Report Posted May 4, 2022 7 minutes ago, A64Pilot said: If we have a recession things won’t be back to normal by 24 I don’t think. Time will tell. Based on history, that sounds like a pretty good prediction.
Recommended Posts