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Used Planes are Getting Cheaper

Recent aviation market reports indicate a downward trend in asking prices for used planes across all categories. These reports encompass all pre-owned aircraft – jets, single-piston aircraft, turboprop aircraft, and Robinson piston helicopters. Concurrently, inventory levels have either decreased or remained stable across all categories.

In December, global inventory levels of used jets experienced a month-over-month decline of 5.88%, although there was a year-over-year increase of 10.75%, indicating a stable trend. The category of used large jets recorded the most significant month-over-month inventory reduction at 11.55%, while the inventory of used light jets saw the highest year-over-year growth at 18.59%.

As for asking prices of used jets, there was a month-over-month rise of 0.95% in December; however, they decreased by 5.29% year-over-year, reflecting a downward trend. Among the various categories, used large jets exhibited the most notable month-over-month price increase, rising by 1.52%. Conversely, this category also experienced the largest year-over-year price decline, falling by 4.82%.

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