Aircraft Marketplace Now ‘Balanced’ Says Industry Veteran

Due to a growing global economy, there has been a major turnaround in worldwide jet sales and the aircraft market is balanced for the first time in years, creating a healthy, sustainable marketplace, according to a veteran broker. “The days of an airplane losing 20, 25 percent a year, which is of course, not sustainable, are gone,” said Jay Mesinger, CEO of Mesinger Jet Sales, adding demand is now outpacing supply. ‘It’s the first time that my industry has been so bold to use words like ‘half full.’ or ‘optimistic’ or ‘enthusiastic’ in years, and those are the words that are universally being used by all of us engaged in aviation.”