The aviation market is ever-evolving, influenced by various factors such as economic conditions, technological advancements, and seasonal fluctuations.
In this article, we delve into the latest aviation market reports from Sandhills Global, shedding light on the trends and dynamics in the used aircraft sector.
The report covers the global used jet, and North American piston single and turboprop aircraft market categories.
Used Aircraft Market Inventory Trends
Normal Seasonal Activity
According to Sandhills Global reports, inventory levels in the aviation market have been exhibiting typical seasonal patterns.
Historically, there is a trend of inventory drawdowns towards the end of each calendar year, followed by an uptick in inventory levels during February and March.
Inventory Drawdowns
The end of the year often witnesses a decrease in inventory levels as businesses evaluate their assets and make adjustments for the upcoming year.
However, this decline is usually temporary and is succeeded by a resurgence in inventory in the early months of the following year.
Inventory Growth in February and March
As per recent observations, February and March have seen a notable increase in inventory levels across various segments of the aviation market.
This growth signifies renewed activity and potential opportunities for buyers and sellers alike.
Stability in Asking Values
Despite fluctuations in inventory levels, asking values have remained relatively steady. This stability indicates a balanced market where supply and demand are closely aligned.
Brant Washburn, Controller Department Manager, notes that asking values have maintained a strong consistency, reflecting the resilience of the aviation market.
“As used aircraft inventory levels regain their upward trend, asking values have remained steady year over year,” says Controller Department Manager Brant Washburn.
“We saw turboprop aircraft inventory availability bounce back considerably in February.”
Additional Market Report Takeaways
Global Used Jets
- The used jet market experienced positive growth in February, with both month-over-month and year-over-year increases. However, the market is still trending downward despite these gains.
U.S. and Canada Used Piston Single Aircraft
- Despite a slight increase in February, inventory levels for piston single aircraft are trending downward compared to the previous year. Asking values have also seen marginal decreases.
U.S. and Canada Used Turboprop Aircraft
- Inventory levels for turboprop aircraft rose in February, signaling a positive trend in this segment. Asking values, though slightly decreased month-over-month, show a year-over-year increase, indicating a favorable market outlook.
Sandhills Aviation Analysis
Sandhills Global offers a comprehensive suite of aviation products tailored to meet the needs of industry professionals.
These products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator.
Central to Sandhills’ market reports is the Equipment Value Index (EVI), a key metric used by buyers and sellers to assess market conditions and make informed decisions. The EVI provides valuable insights into equipment availability, pricing trends, and overall market sentiment.
Conclusion
The aviation market, as depicted by reports, continues to demonstrate resilience and adaptability in the face of changing circumstances.
Despite seasonal fluctuations, inventory levels have rebounded, and asking values remain stable.
