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An Open Letter to Asia: Maintaining the Purchase Value of Your Private Jet

May 10, 2012
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As many of the readers of this blog may already be aware, there is a nascent – and swiftly growing – market for private business jets in countries like China and India. The new prosperity in these countries has created a generation of tycoons and moguls who can easily afford the modern-day trappings of wealth, ease, and business-class power. The statistics seem to argue the case. In 2008, only 32 business aircraft were registered in China. By last year, that number had risen to 109, and is expected to reach 260 by 2015. Cessna Aircraft recently inked a deal with the Aviation Industry Corporation of China (AVIC) to begin manufacturing private “bizjet” planes in Chengdu, with Cessna’s brand spokesman being none other than Jackie Chan.

As is the case with the North American private plane market, it only seems a matter of time before many of these Asian aircrafts go on resale as their owners move on to even newer acquisitions. The question we then ask ourselves at DCT Leathers is the following: once these older jets go up for resale, will their original owners have done their best at maintaining a good purchase price? Cessna AircraftBeing that we’re in the business of supplying customized fine-leather seating for the private aircraft industry, we have a few words of wisdom for anyone who wishes to resell his or her private aircraft: a quality leather interior that’s built to last will go a long way in optimizing the resale price of your plane.

Our long-standing years of experience in the North American aviation leather market have taught us a thing or two about refurbishing planes.  Not only is the Andrew Muirhead leather that we supply tested extensively for color fastness, cold cracking, abrasion, tearing, and perspiration; all things an aircraft owner should consider when purchasing leather for their seating; but Andrew Muirhead can also perform FAA-approved flame-proofing on the leather, rendering it resistant to vertical flame, smoke density, and toxicity.

Now that Cessna’s doing 10% of its sales in Asia, and with the success of this past month’s Asian Business Aviation Conference and Exhibition in Shanghai, with Boeing showcasing an $80 million 737 for those with money to afford it, it seems only feasible that the aviation leather market in Asia will be on the rise for years to come. But we at DCT Leathers know (from experience) that when it comes to reselling an aircraft, the safest landing of all comes from excellent qualitative maintenance.

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