LINCOLN,
Neb., July 8, 2024 /PRNewswire/ -- Sandhills
Global market reports offer in-depth analysis of inventory and
value trends for used jets, piston single aircraft, turboprop
aircraft, and Robinson piston helicopters in Sandhills
marketplaces. The newest reports show asking values remaining
steady for used piston single and turboprop aircraft while price
decreases continue for pre-owned jets.
"Aircraft continue to sell," says Controller Department
Manager Brant Washburn, "but
inventory increases are putting pressure on selling prices. This is
especially true for jets, where we're seeing a downward trend with
values down both month over month and year over year."
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 FleetEvaluator. Widely used and trusted across
equipment, truck, and trailer industries, FleetEvaluator identifies
asset values with unparalleled accuracy.
The key metric used 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 pre-owned jets in global markets increased
in June, driven by growth in the mid-sized jet category. Inventory
levels rose 1.59% M/M and 5.71% YOY and are trending up.
- Asking values, meanwhile, continued a downward trend in June,
with values decreasing by 1.14% M/M and 6.75% YOY.
U.S. and Canada Used Piston Single Aircraft
- Inventory levels remain steady for used piston single aircraft
in U.S. and Canadian markets, with a 0.39% M/M increase in
June. However, inventory levels were 8.17% lower than last year's
levels.
- Asking values also remain steady, with a marginal M/M drop
of 0.87% M/M in June. Asking values were 1.03% lower YOY and are
currently trending sideways.
U.S. and Canada Used Turboprop Aircraft
- Sandhills notes a sideways trend for used turboprop aircraft
inventory levels, which decreased 3.44% M/M in May and 2.54% M/M in
June but increased 5.8% YOY in June.
- Asking values exhibited marginal increases in June and are
maintaining a steady trend.
Global Used Robinson Piston Helicopters
- Used Robinson pistol helicopter inventory increased
6.54% M/M and dropped slightly, by 0.87%, YOY. Inventory
levels are now trending sideways.
- Following several consecutive months of increases, values were
up marginally M/M in June and up 3.15% YOY.
Obtain the Full Report
For more information, or to
receive detailed analysis from Sandhills Global, contact us
at marketreports@sandhills.com.
About Sandhills Global
Sandhills Global is an
information processing company headquartered in Lincoln, Nebraska. Our products and services
gather, process, and distribute information in the form of 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
FleetEvaluator and AircraftEvaluator, Sandhills' proprietary asset
valuation tools, Sandhills EVI provides useful insights into the
ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
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SOURCE Sandhills Global