While there has been tremendous growth in private aviation over the last two decades, economic downturns affect the value of all assets at some point to some degree. For example, the pandemic years of 2020 to 2022 saw a marked decline in demand for both new and pre-owned aircraft. As a result, prices for used aircraft took a dive and orders for new planes were reduced to a crawl. However, the following year prices came back up, and many companies experienced an order backlog for new planes. Because market...