Jean Sémiramoth, Founding Partner of The Sharpwings, puts forward a 2020 retrospective (what a year) and a 2021 perspective. “There is light at the end of the tunnel but watch out for clouds.”
Early January 2020, whilst the COVID-19 virus outbreak was still viewed as a distant threat by most of the western world, Jean Sémiramoth, Founding Partner of the specialist business aircraft consulting firm The Sharpwings was asked his views on how the market for business aircraft could develop. He replied, “I expect values of pre-owned aircraft to be under more pressure overall and therefore, for certain models, some further correction in values and depreciation rates will be evident”. A prescient comment as it transpires.