May Reports Show Almost No Movement in Pre-Owned Aircraft Prices and Inventory Levels

Pre-Owned Aircraft Market Overview: May Insights

According to the latest report from Sandhills Global, the values of pre-owned aircraft exhibited negligible changes in May, marking a months-long trend in the aviation sector. The asking prices for jets, single-engine piston aircraft, and turboprops shifted by less than 2%, underlining a period of relative stability in pricing.

Global Used Jet Aircraft Market Trends

The used jet market is experiencing a downward trend in inventory. Data indicates a 3.97% decrease month over month and a striking 16.28% drop year over year in May. The large jet category faced the most significant reductions, with inventory down by 9.04% month over month and 37.08% year over year. Additionally, asking prices for used jets fell by 1.86% month over month and 2.4% year over year, contributing to a general atmosphere of caution among buyers.

Piston Single Aircraft Inventory Changes in the U.S. and Canada

In contrast, the used single-engine piston aircraft segment saw a slight uptick in inventory, which rose by 4.08% month over month. However, this segment continues to reflect a 16.33% decrease year over year. Interestingly, the asking prices have remained consistent for six consecutive months, registering a minor increase of 0.62% month over month, but a slight decline of 0.2% year over year, indicating that while more models are available, buyers are still apprehensive regarding pricing.

Turboprop Aircraft Market Developments

The pre-owned turboprop segment shows a persistent decline in inventory that has lasted for six months. In May, inventory levels decreased by 0.21% from the previous month and 8.45% compared to the same month last year. Asking prices experienced a slight rise of 0.16% month over month but have seen a year-over-year decline of 1.08%, perhaps suggesting a potential shift as the market stabilizes.

Robinson Piston Helicopter Market Update

Unlike other segments, the used Robinson piston helicopter market is witnessing steady inventory levels. It fell by 13.76% month over month but had a 4.08% decrease year over year. On a positive note, asking prices surged by 8.47% month over month and 4.79% year over year, presenting a unique opportunity for sellers in this niche segment.

Conclusion and Market Indicators

Overall, inventory levels present a mixed picture; while jet and turboprop segments are trending downward, the inventory of used piston-single aircraft is experiencing sideways movement. The Sandhills Equipment Value Index (EVI) remains a crucial tool for buyers and sellers to monitor equipment market values. This index not only tracks auction and retail values but also provides insights into model-year equipment actively in use, enabling strategic decision-making for acquisition and liquidation.

For detailed analyses and more comprehensive insights into the aviation market, interested parties are encouraged to contact Sandhills Global directly. The company specializes in processing, distributing, and analyzing data to help industry players navigate the complexities of aircraft sales and purchases effectively. Sandhills Global, headquartered in Lincoln, Nebraska, strives to provide both buyers and sellers with the necessary information to maximize their outcomes in this dynamic market.