Fw: Update
Hi [ ]
I wanted to give you and Jeffrey an update on the G-IV/SP and G-V markets. Attached are current "Summaries of Available Aircraft" for the G-IV/SP and G-V markets.
Pricing in the G-IV/SP market is generally $10.0 to $17.0. Four aircraft are under contract as follows:
1336 – (Avpro listing) – closing Monday - $13.5M
1346 - $13.9M
1496 - $12.5M
1501 - (G-400) - $11.75M
I have inquired as to whether the owner of SN 1381 would bring the aircraft to Paris for Jeffrey to take a look at. It also may have a trip to New York next Tuesday the 29th. Maybe we would want Eric Roth or you and Ito see it. Serial Number 1381is still a decent candidate; however, I do not know what it can be bought for. I do not recommend paying more than $12.5M and would obviously prefer less.
We will be bringing SN 1468 to the market shortly with 4000TT and fresh engines. Paint and interior is good. Asking price will be $17.95M.
The G-V market remains relatively unchanged over the past thirty days with prices ranging from $20.0 to $27.0.
Three aircraft are under contract as follows:
555 - $21.5M
636 - $25.0M including fresh mid life inspections
681- (Avpro listing) - $26.5M
SN 671Molinaro Koger, has been repossessed by G.E. Capital. It is an extremely well-equipped, beautiful aircraft. G.E. advises they will sell for $27.5M. It could bring that price.
Otherwise, this market remains fairly firm with no great opportunities from a buyer's perspective.
The pictures of the Boeing came out well. We will be working on the video next week.
Happy to discuss with you or Jeffrey at any time.
Best Regards,
Don Bass
Managing Partner
AVPRO Inc.
900 Bestgate Road, Suite 412
Annapolis, MD 21401
From Don
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