Monday, April 8, 2024
Last month, Sandhills Global reported a resurgence in used aircraft inventory levels, which continued into March, particularly in the late-model used aircraft segment.
“Although the bulk of available used aircraft in the market is five years old or older, we’ve seen an uptick in used late-model aircraft inventory levels over the past few months,” says Controller Department Manager Brant Washburn. “Late-model aircraft inventory levels increased more than 20% since February while other age groups increased marginally.”
Sandhills offers various aviation products, including Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator, Sandhills’ proprietary asset valuation tool for all aircraft types, is built using the same technology behind FleetEvaluator. Renowned for its accuracy, FleetEvaluator is widely trusted across equipment, truck, and trailer industries for identifying asset values.
The cornerstone metric in Sandhills’ market reports is the Sandhills Equipment Value Index (EVI), which provides crucial insights for buyers and sellers to monitor equipment markets and optimize acquisition, liquidation, and related business decisions. The EVI encompasses equipment available in auction and retail markets, as well as actively used model-year equipment.
Key Insights from the Market Report:
Detailed analysis of asking values and inventory trends in used aircraft markets, accompanied by charts for enhanced data visualization.
Measurement of notable trends in the purchase and sale of pre-owned jet, piston single, turboprop, and Robinson piston helicopter aircraft.
Global Used Jets:
March witnessed a 3.78% month-over-month growth in used jet inventory levels, with a 7.41% year-over-year increase, indicating a consistent supply despite downward pressure on prices.
Asking values experienced a 4.23% month-over-month and 6.82% year-over-year decline in March. Nevertheless, certain segments within the jet category, like used light jet aircraft, maintained higher asking values compared to the previous month.
U.S. and Canada Used Piston Single Aircraft:
This market displayed a notable shift over the past year, with a 1.53% month-over-month and 18.71% year-over-year decrease in inventory levels in March.
Asking prices saw a slight uptick of 1.23% month-over-month and 0.35% year-over-year.
U.S. and Canada Used Turboprop Aircraft:
Used turboprop aircraft inventory levels rose by 8.33% month-over-month and 15.64% year-over-year, trending sideways.
Asking values remained steady, experiencing a marginal 0.44% month-over-month decrease and a 1.11% year-over-year increase.
Global Used Robinson Piston Helicopters:
Inventory levels in this market increased by 2.59% month-over-month and 12.26% year-over-year.
Asking values remained relatively stable, with a 2.74% month-over-month and 2.9% year-over-year decline, indicating a sideways trend in asking values.
Sandhills offers various aviation products, including Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator, Sandhills’ proprietary asset valuation tool for all aircraft types, is built using the same technology behind FleetEvaluator. Renowned for its accuracy, FleetEvaluator is widely trusted across equipment, truck, and trailer industries for identifying asset values.
The cornerstone metric in Sandhills’ market reports is the Sandhills Equipment Value Index (EVI), which provides crucial insights for buyers and sellers to monitor equipment markets and optimize acquisition, liquidation, and related business decisions. The EVI encompasses equipment available in auction and retail markets, as well as actively used model-year equipment.
Key Insights from the Market Report:
Detailed analysis of asking values and inventory trends in used aircraft markets, accompanied by charts for enhanced data visualization.
Measurement of notable trends in the purchase and sale of pre-owned jet, piston single, turboprop, and Robinson piston helicopter aircraft.
Global Used Jets:
March witnessed a 3.78% month-over-month growth in used jet inventory levels, with a 7.41% year-over-year increase, indicating a consistent supply despite downward pressure on prices.
Asking values experienced a 4.23% month-over-month and 6.82% year-over-year decline in March. Nevertheless, certain segments within the jet category, like used light jet aircraft, maintained higher asking values compared to the previous month.
U.S. and Canada Used Piston Single Aircraft:
This market displayed a notable shift over the past year, with a 1.53% month-over-month and 18.71% year-over-year decrease in inventory levels in March.
Asking prices saw a slight uptick of 1.23% month-over-month and 0.35% year-over-year.
U.S. and Canada Used Turboprop Aircraft:
Used turboprop aircraft inventory levels rose by 8.33% month-over-month and 15.64% year-over-year, trending sideways.
Asking values remained steady, experiencing a marginal 0.44% month-over-month decrease and a 1.11% year-over-year increase.
Global Used Robinson Piston Helicopters:
Inventory levels in this market increased by 2.59% month-over-month and 12.26% year-over-year.
Asking values remained relatively stable, with a 2.74% month-over-month and 2.9% year-over-year decline, indicating a sideways trend in asking values.
Monday, April 8, 2024
Monday, April 8, 2024
Sunday, April 7, 2024
Monday, April 8, 2024
