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Jet Advisors featured in Investment News

Jet Advisors, a company that manages private jets, was recently featured in InvestmentNews Report.

The company was represented by its president—Kevin O’Leary, who talked about the current status of private aviation.  

InvestmentNews anchor Mark Bruno arranged an interview with O’Leary to discuss the negative public opinion that has hampered the private jet, as of late. O’Leary acknowledged the slump, but he spoke of a “silver lining”.

O’Leary said that things are picking up and that the market will soon stabilize. A recovery will trigger a good buying environment, stated O’Leary. Plus, he stressed, financing is becoming a more viable option for potential buyers.

“There are so few buyers out there at the moment, yet the number of sellers is growing constantly,” O’Leary wrote in an article to titled Banks bail out of jets. “If you want to move something right now, you have to lower your asking price to a number where a buyer just can’t say no.”

The Jet Advisors president topped off the interview with a compelling statistic—there has been a rapid increase of private jets for sale, from 4-5 last year to 30 this year. And these jets are priced for up to 40% less than its original price.