How Cheap Oil Drives Global Private Jet Sales

How Cheap Oil Drives Global Private Jet Sales

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses the strategic purchase of a Gulfstream 650 jet by Paul Allen, highlighting the benefits of waiting for a favorable market. It explores the impact of fluctuating oil prices on the aviation market, noting a significant number of jets for sale, particularly from Russia. The discussion extends to the Middle East, where secondary market players are affected by oil price changes. The video concludes with an analysis of the aviation market's recovery and potential challenges posed by falling oil prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason Paul Allen was able to save money on his jet purchase?

He bought a jet from a Middle Eastern seller.

He waited for the market to have more jets available.

He bought a smaller jet than initially planned.

He purchased a brand new jet.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region is currently a large seller of jets due to geopolitical and economic factors?

Canada

United States

Middle East

Russia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the Russian registered fleet is currently for sale?

20%

10%

15%

25%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do falling oil prices affect the operation of aircraft?

They make it more expensive to operate aircraft.

They have no impact on aircraft operation costs.

They make it cheaper to operate aircraft.

They increase the demand for new aircraft.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of falling oil prices on the aviation market?

Decreased interest in aviation investments

Increased demand for new aircraft

Balanced supply and demand in the market

Higher prices for pre-owned jets