AirSpace Auctions, a new business in Cisco, was “born out of a desire to simplify aircraft transactions,” according to owners Matt and Lisa Hutton of Eastland County.
They sell aircraft through auctions conducted online, at Air-SpaceAuctions.com. Their auctions typically run for a week, and anyone can watch the bidding at any time.
Bidders cannot see who the high bid is from, but they can see what the current bid price is and can see what the next suggested bid is. “They can also put a number in here and enter in however much they want,” Lisa said. “Often all the exciting stuff happens at the very end,” she said.
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