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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, [...]

Andy Joran Joins Banyan’s HondaJet Sales Team

By | 2016-12-30T15:59:26+00:00 August 19th, 2015|Aircraft Sales|

Fort Lauderdale, FL – Banyan Air Service based at Fort Lauderdale Executive Airport (FXE) recently selected Andy Joran as a sales manager for HondaJet Southeast. Joran is responsible for HondaJet sales for an eight-state territory that includes Florida, Georgia, Alabama, Mississippi, Louisiana, Arkansas, Tennessee and South Carolina. “We are pleased that Andy has joined the [...]

Aircraft Sales HondaJet News and New Manager

By | 2016-10-14T18:10:56+00:00 November 20th, 2014|Aircraft Sales, FBO Services|

Banyan recently welcomed the HondaJet to its facility at Fort Lauderdale Executive Airport (FXE) for demonstration flights of the world’s most advanced light jet. The HondaJet arrived on Friday, October 24 following the National Business Aviation Association’s Convention and Exhibition in Orlando and stayed throughout the weekend providing demonstration flights for customers. “Seeing the HondaJet [...]

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 [...]