Used Piston Single & Turboprop Aircraft Inventory Trends Shift Upward

The latest aviation market reports from Sandhills Global show hints of inventory level improvements, typical for this time of year following seasonal drawdowns that occur around the end of the calendar year. The reports cover used jets, piston single aircraft, turboprop aircraft, and Robinson piston helicopters on Sandhills platforms.

“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 Terrin Mohl. “We expect more inventory and sales as the spring season unfolds.”

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 Jet Aircraft

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.

Chart showing current inventory and asking value trends for used jet aircraft.

U.S. & Canada Used Piston Single Aircraft

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.

Chart showing current inventory and asking value trends for used piston single aircraft.

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.

Chart showing current inventory and asking value trends for used turboprop aircraft.

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.

Chart showing current inventory and asking value trends for used Robinson piston helicopters.

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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.