Aircraft asking values remained steady in January following seasonal inventory drawdowns, according to Sandhills Global’s newest aviation market reports. Used turboprop aircraft values experienced the most change, ticking up slightly month over month in January. Sandhills’ market reports cover the used jet, piston single, and turboprop aircraft categories, as well as Robinson piston helicopters, in Sandhills marketplaces.
“Inventory drawdowns are typical around the turn of the calendar year,” Brant Washburn, department manager for Controller, an aviation product from Sandhills, said. “For jets and piston single aircraft in particular, we expect used inventory to regain some of those seasonal losses over the next few months.”
The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). The Sandhills EVI data include equipment available in auction and retail markets as well as model year equipment actively in use. Effective with the January EVI, Sandhills introduced version enhancements and weighted adjustments. All historic EVI metrics were amended and recalculated back to 2005, and all calendar year 2024 EVI releases will include these enhancements; as a result, prior numbers will not be comparable to the new values.
Global Used Jets
U.S. and Canadian Used Piston Single Aircraft
U.S. and Canadian Used Turboprop Aircraft
Global Used Robinson Piston Helicopters
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!