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Banyan Aircraft Sales at SUN ‘n FUN 2017

By | 2017-03-30T21:14:54+00:00 March 30th, 2017|Aircraft Sales|

SUN 'n FUN 2017 and Banyan Aircraft Sales will be there. Our Aircraft Sales team is excited about SUN 'n FUN 2017 as they will be showcasing both the HondaJet and the Quest Kodiak.  Make plans to stop by and visit with our team: Mike O'Keeffe, Phil Jordan, Michael Gibson, and Grant Conley. HondaJet The [...]

HondaJet Open House Event

By | 2016-10-14T18:10:54+00:00 April 11th, 2016|Aircraft Sales|

HondaJet Open House Event   Banyan Air Service hosted a HondaJet Open House on April 8, 2016 in Hangar 62 to showcase the HondaJet aircraft to invited guests. (click image to enlarge) The HondaJet is the fastest, highest-flying, quietest, and most fuel-efficient jet in its class. The HondaJet incorporates many technological innovations in aviation design, [...]

Aircraft Ownership Options

By | 2014-01-27T13:18:14+00:00 January 27th, 2014|Aircraft Sales|

by Michael O'Keeffe I'm often asked by both current aircraft owners and non-owners what options are available for owning or operating private aircraft and what is the most economical. While there are numerous ways of owning a aircraft some of the most noteworthy are as follows: Whole Ownership: This is traditional aircraft ownership whereby a [...]

The First Half of 2013 Has Witnessed an Interesting Dynamic in the Pre-owned Turbine Aircraft Market.

By | 2013-11-08T15:33:08+00:00 November 8th, 2013|Aircraft Sales|

Starting around 2001 the values of general aviation aircraft began a long slow appreciation that had previous never been experienced. This trend continued into 2008 where the values of most aircraft were just crazy! Supply was at an all-time low and values hit all-time highs. It’s generally agreed the market for both new and pre-owned [...]

For Ten Years Now Banyan Has Been a Member of the Prestigious National Aircraft Resale Association (NARA)

By | 2016-10-14T18:11:00+00:00 June 10th, 2013|Aircraft Sales|

The organization is comprised of 37 of the industries most established and respected new and pre-owned aircraft dealers along with an Associated membership comprised of 42 of the industries best aviation service providers. Each spring the organization holds an annual conference of the full membership to discuss the state-of-the-industry that leaves us all either encouraged [...]

“We are in Recovery!”

By | 2016-10-14T18:11:03+00:00 January 16th, 2013|Aircraft Sales|

It’s hard to believe that 5-years have passed since the initial crash of the preowned aircraft market. It was October 2007; at the National Business Aircraft Association (NBAA) conference in Orlando, Florida that many in our industry finally  acknowledged we have a big problem. In the course of 90-days pre-owned aircraft values were falling at [...]

Has the Tide Finally Turned for Pre-Owned Business Aircraft?

By | 2012-08-17T16:57:18+00:00 August 17th, 2012|Aircraft Sales|

Banyan recently attended several industry conferences along with some of the most respected aircraft dealers and financial institutions. The reports from these conferences were both encouraging and concerning. The encouraging news (for the dealers) was that aircraft sales transactions had increased appreciably during the first quarter of 2012. According to data released by the market [...]

Banyan Air Service Appointed Florida Dealer for Quest KODIAK

By | 2016-10-14T18:11:06+00:00 August 13th, 2012|Aircraft Sales|

Banyan Air Service based at Fort Lauderdale Executive Airport has recently been appointed as a Quest Authorized Sales Center for the KODIAK. “Banyan is thrilled to be appointed as the KODIAK dealer for the Florida region,” said Michael O’Keeffe, Banyan’s senior vice president of aircraft sales.  “This is a natural complement to our existing maintenance [...]

Aircraft Sales Market Update

By | 2012-02-09T10:32:41+00:00 February 9th, 2012|Aircraft Sales|

These are very interesting times for the pre-owned aircraft market. Many of the statistical reporting firms that monitor the pre-owned turbine aircraft market have reported that inventories of used aircraft are continuing to shrink. As we monitor the turboprop, light and medium sized jet markets we’ve observed a more concerning trend. Our observations have revealed [...]

Aircraft Sales Market Update

By | 2016-06-30T19:22:23+00:00 September 6th, 2011|Aircraft Sales|

By: Michael O'Keeffe, Sr. Vice President Aircraft Sales & Management Each day I’m reminded of the dynamic nature of the pre-owned turbine aircraft market.  Banyan Air Service, along with many aircraft dealers throughout the world has seen wild fluctuations within in the various segments of the market.  We’ll see a month where there’s tremendous sales [...]