Pre-Owned Aircraft Inventory Falls Year-Over-Year Across All Categories in August, Sandhills Global Reports
Why It MattersPersistent year-over-year inventory contraction across jets, turboprops, piston-singles and helicopters signals a broadly tightening pre-owned aircraft market even as month-over-month figures diverge by segment.
Pre-owned aircraft inventory levels declined across all market segments on a year-over-year basis in August, according to the latest aviation market reports from Sandhills Global.
In the global used jet market, inventory fell 22.32% year-over-year in August, although it edged up 1.09% month-over-month. The used large jet segment recorded the steepest year-over-year inventory decline at 37.73%, while the mid jet segment saw the largest month-over-month gain, up 16.67%. Used jet asking prices slipped 0.88% month-over-month and 1.85% year-over-year, with the large jet category posting the biggest year-over-year asking-value drop at 3.55% and the light jet category leading month-over-month declines at 2.11%.
For U.S. and Canada used piston-single aircraft, inventory rose 2.8% month-over-month but fell 11.75% year-over-year in August, with asking values decreasing 0.93% month-over-month and 1.6% year-over-year and trending downward. In the global used turboprop market, inventory increased 4.04% month-over-month but was 9.92% lower year-over-year, while asking values declined 2.35% month-over-month and 0.14% year-over-year despite trending upward.
Global used Robinson piston helicopter inventory rose 1.19% month-over-month but fell 10.53% year-over-year, with asking values dropping 9.33% month-over-month though up 0.79% year-over-year. The reports are based on the Sandhills Equipment Value Index, a market-value gauge covering used assets across aviation and other industries; Sandhills Global is headquartered in Lincoln, Nebraska.
