Panorama

The foxbat was at 62k near the end, one of the tecnam p2008 was at 134k, plus the additional 8.25% mentioned above.

Receivers don't nessasarily accept the best price on an asset more the most convenient offer.

I can recall when great southern plantations managed investment scheme collapsed. Prime grazing land on king island went for peanuts to a superannuation fund even though there were significantly higher prices offered for the various holdings by multiple entities.

So if a training organization came in and offered to buy 12 tecnams at 90k each in the one transaction versus an individual like us offering 120k for one aircraft I wouldn't be suprised if they snapped up the training organizations offer first.

I struggle to see them realising those prices accross 56 aircraft they are creating a buyers market by the shear volume available in a liquidation sale. Perhaps if they had say 12 aircraft in total they would have more likleyhood.

In saying that looking at the age, hours and new purchase price of the three types the tecnam estimate seems the better value 2018 <700 hours.

Pickles also said that the Bankstown aircraft have being hangared, Moorabbin all out side.

Hi All

Out of interest I made an enquiry with pickles regarding price guide:

Tecnam P2008 120-140k

Bristel                90- 130k

Foxbat                60-70k

Vixen                  80k

56 available in total, sales inclusive of gst plus 8.25% buyers premium. Aircraft available for immediate purchase if the receiver is satisfied with a particular offer.

He claims that there is quite alot of international interest.

Has anyone used roller doors with removable mullions for there hangar doors?