Recent market analyses indicate that the asking prices for pre-owned jets are experiencing a decline and are following a downward trajectory. These analyses, which encompass used jets, piston single aircraft, turboprop aircraft, and Robinson piston helicopters within the marketplaces, reveal that the prices for second-hand jets decreased by 2.35% from the previous month and by 6.16% compared to the same month last year in November. This contrasts with an increase of 1.75% month over month and a decrease of 4.96% year over year recorded in October.
Inventory levels of pre-owned jets are on the rise. There is also ongoing growth in the inventory of used turboprops. However, despite a slight increase in asking prices for turboprops in November, the asking prices for used jets have experienced a more significant decline.
Inventory levels of pre-owned jets in global markets have been on an upward trajectory for several months. In November, there was a month-over-month decline of 3.25% in inventory, yet it remains 4.73% higher compared to the same period last year. Among the various categories, the inventory of used super mid jets saw the most significant increase, rising by 5.45% month-over-month and 15.56% year-over-year.
Conversely, asking prices have experienced a decrease of 2.35% month-over-month and 6.16% year-over-year, indicating a downward trend. The asking values for used light jets witnessed the largest decline from the previous month, dropping by 4.09%, while large jets recorded the most substantial year-over-year decrease at 6.83%.
