Used Aircraft Inventory Dips Lower & Asking Prices Remain Mixed Across Most Categories

Inventory levels of used aircraft on Controller.com and other Sandhills Global platforms decreased across most categories in January. The newest Sandhills aviation market reports, which cover used jets, piston single aircraft, turboprop airplanes, and helicopters, show inventory decreases month over month for all categories and year over year for all categories except jets.

“Inventory levels have been trending lower across the industry,” says Controller Department Manager Brant Washburn. “However, we expect those levels will be on the rebound by the end of this quarter.” Meanwhile, asking prices show mixed trends, as the charts below illustrate.

Sandhills’ aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills’ proprietary asset valuation tool for all types of aircraft, built using the same technology behind Value Insight Portal. Widely used and trusted across equipment, truck, and trailer industries, VIP identifies asset values with unparalleled accuracy.

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 of used jets decreased 5.85% M/M but rose 9.48% YOY and are on a steady trend. The largest M/M inventory decrease occurred in the used light jet category, down 10.2%, while the most significant YOY increase was observed in the used mid-size jet category, with inventory up 26.87%.
• Asking prices exhibited modest changes in January, up 2.16% M/M and down 0.93% YOY. Used large jet asking prices increased more than other jet categories M/M, up 4.15%. The used super mid-size jet category dropped more than other categories YOY, down 4.5%.

U.S. & Canada Used Piston Single Aircraft

• Inventory levels in this market fell 8.89% M/M and 28.29% YOY, continuing a 6-month downward trend.
• Used piston single aircraft asking prices showed minimal changes in January, up 0.84% M/M and down 0.17% YOY, and are trending steady.

Global Used Turboprop Aircraft

• Used turboprop inventory levels continued a downward trend in January, dropping 11.15% M/M and 1.79% YOY.
• Asking values have been trending up for several months. This continued in January, with asking prices ticking up 0.53% M/M and 1.33% YOY.

Global Used Robinson Piston Helicopters

• Inventory levels in this market have been trending down for five months. In January, inventory decreased 22.52% M/M and 40.28% YOY.
• Asking values are steady, posting a 1.67% M/M increase and a 0.87% YOY decrease in January.

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Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information through trade publications, websites, and online services that connect buyers and sellers across the aviation, construction, agriculture, and commercial trucking industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.

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 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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