Business Aviation News

Used Business Aircraft Asking Values Plateaus

Used Business Aircraft Asking Values Plateaus

The growth of pre-owned business aircraft asking values is showing signs of slowing down even though the figure remained high over the last 12 months, the latest Sandhills Equipment Value Index (EVI) report indicated. 

Used jets saw a rise of 0.42% month-over-month globally, while the asking values on a year-over-year basis increased by 11.02%.

The inventory levels of used business jets, piston singles, turboprops, and piston helicopters surpassed last year’s figures. 

Globally, the inventory of used jets increased 5.75% month-over-month in March. From a year-over-year standpoint, it rebounded substantially by 109.61%. 

Brant Washburn, the department manager for Controller, a leading marketplace to buy and sell new and used aircraft, said the asking prices across a myriad of markets are starting to plateau, but pointed out a notable upward trend in the supply of fixed-wing segments. 

“Jets, piston single, and turboprop markets are seeing asking values plateau,” he said. “We’re also seeing inventory levels among the fixed-wing segments looking to gain traction again.”

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