Seller's Market Settles in as Prices Increase and Buyers and Sellers Expectations for Price Come TogetherSeller's Market Settles in as Prices Increase and Buyers and Sellers Expectations for Price Come Tog see more
NAFA member, Tony Kioussis, president of Asset Insight, forecasts prices to continue to increase through first quarter 2019.
January 22, 2019 – According to Asset Insight’s Year End 2018 Market Report (AI2 Market Report), demand for late model turboprops and large jets continued to increase in the fourth quarter of 2018 and helped drive a continued seller’s market with higher average selling prices.Excellent quality “for sale” aircraft are expected to drive prices up further in Q1 2019 as buyers’ and sellers’ expectations continue to converge on selling price.
The 4Q 2018 AI2 Market Report analyzes values for every production year of every modern make and model Business Class aircraft, while the Report’s maintenance analytics cover 94 fixed-wing models and 1,591 aircraft listed for sale.
Other trends detailed in the 4Q 2018 Market Report include:
Ask Prices increased for all groups during Q4;
Inventory aircraft with higher maintenance exposure relative to Ask Price, spent 57%
longer on the market than comparable aircraft;
Tracked fleet’s Quality Rating remained within the “Excellent” range and saw
improvement in Q4 2018, over previous 12-month best ratings;
Excellent Asset Quality improves Maintenance Exposure for most groups, except for Large
Jets as the unsold inventory’s accrued/embedded scheduled maintenance increased (worsened).
“Q4 continued the trend with sales of high-quality, recent models driving average selling prices higher” said Tony Kioussis, president of Asset Insight, LLC. “The seller’s market continued through the end of 2018, and we are forecasting increased prices well into 2019. However, buyers should continue to research the cost for pending maintenance events.”
Note to editors, managers and owners: Please see the bottom right corner of each category page for a concise summary of the results and conditions in that specific market segment.
Exclusively available from Asset Insight, the AI2 Market Report includes eTrendTM, a 90-day forecast for aircraft value by make and model. This tool is especially helpful to sellers who are evaluating offers on their aircraft while concurrently considering if their prospects are likely to improve.
Statistically, Asset Insight's eTrendTM forecasts are based on some of the most robust data analytics in the industry and have been thoroughly back-tested to confirm a significant degree of accuracy.
To download the complete Market Report covering Q4 2018, visit www.assetinsight.com or click here.
AMSTAT releases latest Aircraft Valuation Tool Report indicating a recent uptick in business aircraft values.AMSTAT's market report shows business aircraft segment values have risen since start of Q4 2017. see more
Tinton Falls, NJ – February 15, 2018: According to AMSTAT and the new AMSTAT Aircraft Valuation Tool, the average estimated values for most business aircraft segments have risen since the start of Q4 2017.
The AMSTAT Aircraft Valuation Tool (AVT) calculates objective real‐time estimated values for business aircraft. The AVT Quarterly Aircraft Values Report provides the market with the normalized average estimated value for business aircraft by segment over the last 12 months.
According to the AVT, three market segments have seen their average estimated values tick upwards since the start of Q4 2017:
In the Heavy Jet segment, while the average estimated value dropped ‐3.5% over the last 12 months, from $15.9M to $15.4M, since October 2017, this value is up +9.2%;
In the Super‐Mid segment, while the average estimated value dropped ‐5.9% over the last 12 months, from $7M to $6.6M, since September 2017, this value is up +19%;
In the Turbo‐prop segment, while the average estimated value dropped ‐6.7% over the last 12 months, from $2.4M to $2.2M, since October 2017, this value is up +3.9%.
The Light Jet segment has been more consistent with the average estimated value up +8.2% in the last 12 months from $2.2M to $2.4M.
“The increase in estimated values reflects recent increases in market demand and a tightening market with fewer options for buyers” said Andrew Young, AMSTAT General Manager. He went on to add, “changing market conditions further emphasis the need to access the real‐time aircraft estimated values provided by the AMSTAT Aircraft valuation Tool”.
For a full copy of the report go to: https://silkstart.s3.amazonaws.com/4926b562-3697-41f4-a0e3-e4d4f0f84d93.pdf.
About AMSTAT, Inc.
AMSTAT is the leading provider of market research information and services to the corporate aviation industry. Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information to corporate aviation professionals. AMSTAT’s mission is to provide timely, accurate, and objective market information to its customers. AMSTAT products and services provide aviation market and statistical information that generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers, and suppliers of aircraft parts and services.
About the AMSTAT Aircraft Valuation Tool.
The AMSTAT Aircraft Valuation Tool (AVT) calculates objective real‐time estimated values for business aircraft. The AVT was developed and is supported in partnership with VANGAS Aviation Analytics, L.L.C.
AMSTAT, Inc. / Andrew Young / USA: (732) 530‐6400 x147 / firstname.lastname@example.org / www.amstatcorp.com
AMSTAT releases latest Business Aircraft Resale Market Update Report showing slightly slower
Busine see more
AMSTAT releases latest Business Aircraft Resale Market Update Report showing slightly slower Business Jet resale transaction activity so far in 2016.
Tinton Falls, NJ – October 24, 2016: According to AMSTAT, the first three quarters of 2016 saw a slightly
lower percentage of the Business Jets and about the same percentage of Business Turbo‐Props turning
over as resale transactions versus the same period in 2015.
In the first three quarters of 2016, 7.1% of the global Business Jet fleet turned over. This percentage
was down versus 7.4% in the same period in 2015. By comparison, 5.8% of the Business Turbo‐Prop
fleet turned over versus 5.7% for the same period in 2015.
Resale Retail Transaction activity year to date was up for Heavy Jets with 5.9% of the fleet turning over
in the first 3 quarters of the year, compared to 5.5% for the same period in 2015. In contrast,
transaction activity for the Medium Jets resulted in 7.1% of the fleet turning over versus 8.2% for the
same period in 2015. For Light Jets and Turbo‐Props, Resale Retail Transaction activity was largely flat
for the first 3 quarters of the year compared to the same three quarter period in 2015 (7.8% versus 7.9%
and 5.8% versus 5.7% respectively).
The report also shows that business aircraft inventory levels continue to climb but with some evidence
of a recent plateauing in certain market segments. 10.8% of the Heavy Jet fleet is now for sale. This
percentage is up from 10.4% at the start of 2016. Over the last 24 months more of this inventory has
come from Newer Heavy Jets, with 10% of that fleet for sale today versus 8% in 2015. Today 11.6% of
the Medium Jets fleet is available for sale versus 11.2% at the start of the year. As with Heavy Jets, it is
the Newer Medium Jet models that are seeing their inventory increase the most. The Light Jet inventory
is currently 11.8% of the active fleet. This up since the start of the year but flat compared to the same
time last year. 8.5% of the Turbo‐Prop fleet is for sale, up since the start of 2016 but down from 8.7% a
Average Asking Price trends have been a mixed bag so far in 2016. The Average Asking Price for a Heavy
Jets is $13.9M down 6.6% year over year. The increase in Heavy Jet Resale Retail Transactions so far in
2016 has not been enough to raise Average Asking Prices. The Average Asking Price for a Medium Jet is
$3.4M, down 7.8% from a year ago which is consistent with falling Resale Retail Transaction activity and
increasing inventory in this market segment. The Average Asking Price for Light Jets is $1.7M up 6.7%
versus a year ago and $1.4M for Turbo‐Props up 5.5% versus a year ago. These are curious trends given
that transaction activity and inventory levels are essentially flat in these markets.
For a full copy of the report go to: http://www.amstatcorp.com/docs/APR‐MUR‐1024‐2016.pdf
About AMSTAT, Inc.
AMSTAT is the leading provider of market research information and services to the corporate aviation industry. Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information to corporate aviation professionals.
AMSTAT’s mission is to provide timely, accurate, and objective market information to its customers. AMSTAT products and services provide aviation market and statistical information that generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers, and suppliers of aircraft parts and services.
New Jersey: (732) 530-6400 x147 / email@example.com / www.amstatcorp.com