Used Aircraft Inventory Low Year-Over-Year, Asking Values Mixed
Sandhills Global aviation market reports show double-digit year-over-year inventory decreases for pre-owned jets, single-engine piston aircraft, and turboprops. Asking values show mixed trends.
Inventory levels for pre-owned aircraft have decreased significantly compared to a year ago, according to Sandhills Global's aviation market analysis. Availability of jet aircraft, single-engine piston aircraft, and turboprop aircraft saw notable declines across global marketplaces like Controller.com.
The data indicates that inventory levels for certain aircraft types, such as multi-engine piston aircraft and light jets, have fallen by more than 20 percent year-over-year. Concurrently, average asking values for jets have increased by over 15 percent, while prices for single-engine piston aircraft have decreased by nearly 10 percent.
Sandhills Global reports that demand for aircraft remains strong. Industry analysts suggest that reduced inventories, coupled with consistent demand, are influencing pricing. Challenges within the supply chain for new aircraft and extended delivery times have also contributed to increased demand for pre-owned options.
The company's analysis suggests the market has recovered from a post-pandemic slowdown. Trends in inventory levels and asking values provide key indicators for the overall health and future direction of the aviation sector.