Used Piston Single and Turboprop Aircraft Inventory Trends Shift Upward
"Inventory levels have yet to transition to an upward trend overall, but we are seeing month-over-month improvements in used turboprops and piston single aircraft," says Controller Department Manager
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller,
The key metric in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets, as well as model-year equipment actively in use.
Additional Market Report Takeaways
This report includes detailed analyses of asking values and inventory trends in used aircraft markets, along with charts that help readers visualize the data. It describes and quantifies important trends in the buying and selling of used jet, piston single, turboprop, and Robinson piston helicopter aircraft.
Global Used Jets
- Inventory levels in this market have been trending downward. Despite an uptick of 1.92% over year-ago levels in March, the downward trend continued as inventory decreased by 0.82%% month over month. The used super mid jet category showed the largest M/M inventory decline compared to other categories at 4.29%, while the used mid jet category posted the largest YOY increase at 15.71%.
- Asking prices have also been trending downward, dipping lower by 0.05% M/M and 2.6% year over year in March. The used super mid jet category led the way in both M/M and YOY declines at 2.96% and 7.03%, respectively.
- After trending down for several months, inventory levels in this market are now trending sideways. Used piston single inventory rose 9.08% M/M and fell 17.75% YOY in March.
- Asking prices increased slightly in March compared to February, up 0.34%, and remained steady with no YOY change.
Global Used Turboprop Aircraft
- Despite a 4.32% M/M increase, inventory levels in the used turboprop aircraft market were down 9.46% YOY and continued a downward trend in March.
- Asking prices decreased by 4.42% M/M and 1.81% YOY, but asking values in this market have now been trending upward for eight consecutive months.
Global Used Robinson Piston Helicopters
- Inventory levels in the used Robinson piston helicopter market have been trending down for seven consecutive months. Inventory levels were down 11.34% M/M and 41.89% YOY in March.
- Asking values in this market decreased by 7.96% M/M and 5.74% YOY and are trending down.
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About Sandhills Global
Sandhills Global is an information processing company headquartered in
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, commercial trucking, and aviation industries represented by Sandhills Global marketplaces, including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by Value Insight Portal (VIP) and AircraftEvaluator, Sandhills' proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
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SOURCE Sandhills Global
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