Measuring Par in Business Aircraft Activity
By Carl Janssens, ASA | Chief Appraiser | Aviation Week Network
Scoring a golf tournament based on par is relatively understandable to those who play the game on a particular course. Par is Latin for what the English rhetoric refers to as “average.” This is simple enough for the aviator’s number one leisure sport. Par in business aircraft activity is another story. One could list multiple concepts for par in the business aircraft transaction. Measuring total inventory available is one consideration, while measuring average days on market could be another. Then there is the actual transaction. Measuring the number of transactions as a result of par based on type, range, equipment for pre-owned aircraft or measuring the number of new sales from the manufacturer or distributor could be another definition of par. One could also find a par on cash versus finance, American sales versus everywhere else, and Part 135 activity or corporate flights ...
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