September Sees Growth in Pre-Owned Jet and Turboprop Aircraft Inventory Levels

Monthly Inventory Report



In a recent revelation from Sandhills Global, new data sheds light on the trends within the aviation market, particularly focusing on pre-owned jets and turboprop aircraft. The report indicates a noticeable increment in inventory levels for these aircraft types during September, reflecting a monthly growth trend. However, it is crucial to note that despite this growth, overall inventory levels remain lower compared to the same period last year.

Key Findings



  • - Pre-Owned Jet Inventory: Inventory levels in the pre-owned jet market saw a month-over-month rise of 5.07%. However, compared to September of the previous year, this inventory has decreased by an alarming 23.58%. The super-mid jet segment experienced the most significant increase this month, up by 10%, while larger jets witnessed a 39.8% year-on-year decrease.

  • - Turboprop Aircraft: In the turboprop sector, inventory levels edged up by 3.46% month-over-month; nonetheless, they remain 11.95% lower than year-over-year figures. This trend indicates a stabilization in the market, albeit at a lower volume than previous years.

  • - Used Single-Engine Piston Aircraft: The inventory for used single-engine piston aircraft saw no change month-over-month but has dropped 12.24% year-over-year. Asking values are on a downward trend, with a monthly decrease of 0.74% and a yearly decrease of 2.36%.

  • - Robinson Piston Helicopters: The market for Robinson piston helicopters also showed similar trends, with a 3.53% increase in inventory from the previous month, yet a decline of 2.22% year-over-year. Asking prices for these helicopters have seen slight upswings month-over-month, but a decrease year-over-year.

Market Stability Indicators



Terrin Mohl, a Controller Manager at Sandhills, commented on the market dynamics, stating, "Despite the challenges, the jet inventory has notably increased this month, and we've observed several aircraft transactions occurring swiftly. This activity suggests a stabilization in the market after a slower period, particularly for piston aircraft."

Product Offerings



Sandhills Global provides an array of aviation-related products, including Controller.com, Charter Hub, and the innovative Aircraft Valuation tool, designed to give accurate asset valuations utilizing advanced technology operating behind the Value Insight Portal. These tools are trusted sources in the equipment sector, identifying asset values with remarkable precision.

Sandhills Equipment Value Index (EVI)



The Sandhills Equipment Value Index (EVI) is an essential barometer for assessing the market values of used aircraft and helps both buyers and sellers understand market dynamics better. The EVI encompasses a wide array of equipment across various markets, including auctions and retail environments.

Conclusion



In summary, the September reports from Sandhills Global indicate an upward trend for pre-owned jet and turboprop aircraft inventory, showing resilience despite challenges linked to lower year-on-year levels. The overall sentiment supports a market stabilization that industry stakeholders should monitor closely. To gain deeper insights and analyses of these trends, interested parties can contact Sandhills Global directly for comprehensive reports.

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