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Pierre Bled
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FOR IMMEDIATE RELEASE
Preowned Single-Engine Helicopter Market Slowdown Continues but Conditions Remain Strong
TORONTO, Canada, January 22, 2024 – Aero Asset, a global helicopter sales and market intelligence firm, announced the release of Heli Market Trends 2023 Single-Engine edition. This report features proprietary market intelligence and analysis of the global preowned single-engine helicopter market.
“In 2023, pricing for single-engine helicopters remained strong even though retail sales volume reached its lowest level in three years,” said Valerie Pereira, Aero Asset’s Vice President of Market Research.
The report shows retail sales volume decreased by 50% in 2023 versus 2022, while the supply of single-engine helicopters for sale ended 30% higher year over year. Average asking price increased 4% and the average transaction price increased 13% year over year. Absorption rate deteriorated through 2023 but ended the year at a reasonable one year of supply at current trade levels.
Regions
The North American market saw the lion’s share of retail buyers. North America accounted for 62% of transactions last year followed by Latin America (14%), Asia Pacific (12%), and Europe (9%) with the remaining spread worldwide. Retail transactions to Europe dropped 70% year over year.
At the end of 2023, the region with the largest share of supply of single-engine helicopters for sale was Europe (36%), followed by North America (22%), Asia Pacific & Latin America (17% respectively) and rest of world (8%).
Liquidity
The most liquid preowned single-engine helicopter market in 2023 was the Bell 407/GX/P/I, followed by the Airbus AS350 B3/B3e/H125, and the Leonardo AW119K/Ke/Kx. The least liquid preowned market was the Airbus EC130 B4/H130.
Download Heli Market Trends 2023 Single-Engine Edition
Visit aeroasset.com/report to download the report with all its data and analysis as well as an interview of Alex Durand, CEO of SaxonAir.
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About Aero Asset Inc.
Aero Asset is an international helicopter trading and market intelligence firm, headquartered in Toronto, Canada. With a multicultural team and decades of experience marketing and selling aircraft across the globe, the company has grown into a world-leading helicopter sales and market intelligence firm.
Aero Asset is a member of the Helicopter Association International, the Association of Air Medical Services, National Aircraft Finance Association, the European Helicopter Association, and the National Business Aviation Association.
For more information about the company, its inventory for sale, or its full scope of services and industry reports, please visit https://aeroasset.com.
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No representation, guarantee or warranty is given as to the accuracy, completeness or likelihood of achievement or reasonableness of any statements made by or on behalf of Aero Asset. The information contained herein should not be construed as advice to purchase or sell aircraft. Neither Aero Asset nor its owners, directors, officers, employees, agents, independent contractors or other representatives shall be liable for any loss, expense or cost (including without limitation, any consequential or indirect loss) that you incur directly or indirectly as a result of or in connection with the use of data or statements contained herein or otherwise provided by Aero Asset.