AvBuyer Magazine August 2021

Page 32

Market Insights 2.qxp_MARKET INSIGHTS 16/08/2021 11:44 Page 1

MARKET INSIGHTS

What’s the Latest on the King Air Market? How is the pre-owned Beechcraft King Air market performing currently? Matt Harris speaks to Jeremy Cox and Tony Kioussis to get their insider’s insights and tips for buyers and sellers… he same year the Beechcraft King Air hit the market, charttoppers ‘I Want to Hold Your Hand’ (The Beetles) and ‘Oh Pretty Woman’ (Roy Orbison) rang out over the airwaves. And though Mary Poppins was the highest-grossing movie of the year, her novel mode of transportation by umbrella was unimpressive compared to the new twinengine turboprop emerging off the production line in Wichita, Kansas. The year was 1964, and the King Air 90 had just been certified. But nobody then could have expected that aircraft to spawn a family of more than 20 upgrades and variations – each one broadening the capabilities of the former, or tapping into new markets and mission needs. As of today, over 7,500 King Airs have rolled down the production line and into the hands of a truly diverse range of owners. Without much fanfare, the 90-series only ended production in early 2021. “You just have to look at their track record,” Jeremy Cox, Senior Accredited Appraiser and President of JetValuesJeremy told AvBuyer. “Almost half of the early King Air 90, King Air A90 and King Air B90 models are still in-service today. What keeps them appealing on today’s market? They’re rugged and dependable, providing amazing value for money.” According to Tony Kioussis, President of

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32 Vol 25 Issue 8 2021 AVBUYER MAGAZINE

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