Pre-Owned Aircraft Inventory Levels Climb In October But Remain Below Year-Ago Levels

According to new Sandhills Global aviation market reports, inventory levels are continuing to climb but supply remains lower than year-ago levels. The reports, which cover October data for aircraft on Controller.com and other Sandhills platforms, also illustrate mixed trends in asking prices.

“Pre-owned jet inventory levels remain high as sellers are feeling the pressure to finalize transactions before the end of the year,” says Controller Sales Manager Terrin Mohl. “Competitively priced piston single inventory has moved very well so far in Q4.”

Sandhills’ aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftValuation. AircraftValuation is Sandhills’ proprietary asset valuation tool for all types of aircraft, built using the same technology behind Value Insight Portal (VIP and VIP+). Widely used and trusted across equipment, truck, and trailer industries, VIP identifies asset values with unparalleled accuracy.

The key metric 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. 

Market Report Details

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 Jet Aircraft

• Inventory levels in the pre-owned jet market rose 6.14% M/M but fell 16.84% Y/Y in October and are holding a steady trend. The used light jet segment experienced the largest M/M inventory change, up 11.69%, while the used large jet segment registered the largest Y/Y change, down 34.17%.
• Used jet asking values increased 0.86% M/M and 2.04% Y/Y in October and are trending up. The pre-owned large jet category had the largest M/M asking value change, up 3.22%, while the super mid jet category posted the largest Y/Y change, up 2.26%.

U.S. and Canada Used Piston-Single Aircraft

• Inventory levels of used single-engine piston aircraft increased 2.5% M/M but decreased 5.67% Y/Y in October and are trending up.
• Asking values increased 0.32% M/M and decreased 1.38% Y/Y in October and have been trending down for five consecutive months.

Global Used Turboprop Aircraft

• Inventory levels in the pre-owned turboprop market are trending up. In October, inventory levels rose 6.05% M/M but fell 4.69% Y/Y.
• Asking values slipped 0.19% M/M and were nearly flat Y/Y, increasing 0.02%. Asking values are currently trending sideways.

Global Used Robinson Piston Helicopters

• Inventory levels in the used Robinson piston helicopter market are trending sideways. Inventory levels rose 9.09% M/M but decreased 2.04% Y/Y in October.
• Asking values decreased 2.50% M/M and 4.08% Y/Y in October and are trending down.

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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 platforms, including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by VIP+ and AircraftEvaluator, Sandhills’ proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.