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  • NAFA Administrator posted an article
    NAFA member, Aero Asset, shares their latest Heli Market Trends Report. see more

    NAFA member, Aero Asset, shares their latest Heli Market Trends Report.  

    HELI MARKET TRENDS 

    2022 Half Year Report – Single Engine Edition

    Key Findings

    TRANSACTION VOLUME DOWN, SUPPLY SHRINKS 

    • Retail sales decreased 10% S1 2022 vs same period 2021 (YOY).
    • Supply for sale was 65% lower year over year (YOY).
    • Absorption rate decreased 63% YOY, to 3.5 months of supply at current trade levels. 

     

     

     

     

     

     

     

     

     

     

     

     

    ROBUST DEMAND FOR SINGLES IN NORTH AMERICA 

    • North American buyers accounted for 2/3rd of all transactions S1 2022.
    • Retail transactions to Europe dropped 50% YOY.
    • Europe accounts for 38% of supply for sale, North America 12%, LATAM 19% and APAC 17%. 

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    MARKET PERFORMANCE BY CONFIGURATION 

    • VIP singles accounted for 60% of all transactions S1 2022. • EMS supply for sale dropped to historic lows.
    • Utility supply for sale dropped 75% YOY. 

     

    LIQUIDITY LINEUP 

    • The most liquid preowned market during the 1st half of 2022 was the Airbus AS350 B3/B3e/H125, followed by the Bell 407/GX/P/I and the Airbus EC130 B4/H130. All three models boast only 3 months of supply at 1st semester trade levels. 
    • The least liquid preowned market during the 1st half of 2022 was the Leonardo AW119K/Ke/Kx, with an absorption rate of 10 months. 

     Full Heli Market Trends report available Click Here.

    This report was originally published by Aero Asset on July 10, 2022.

  • NAFA Administrator posted an article
    Q1 2022 Pre-Owned Bizjet Demand Results in All-Time Low Inventory see more

    Fueled in large part by first time buyers, the pre-owned business aircraft market set new records for demand during Q1 2022, resulting in just 3.1% of the active aircraft fleet available for sale, as of March 31, reports the Asset Insight AI2 Market Report. The Quality Rating of the for-sale fleet reached a 12-month high/best figure, signifying fewer near-term maintenance events and proving Maintenance Status is not directly related to aircraft age. However, Maintenance Exposure (the cost of embedded/accrued aircraft maintenance) approached a 12-month worst figure, signifying upcoming events for the listed fleet, while fewer in number, will be more expensive to complete.  The Q1 2022 AI2 Market Report covers 134 fixed-wing models and 698 aircraft listed for sale. 

    As expected during a high-demand market, posted ask prices rose in Q1, up more than 14% year over year. Young, low-time aircraft continued to sell quickly, many without a formal listing, with sellers often generating final transaction values that met or exceeded their ask price. 

    “Two years ago, as we headed into the COVID-19 pandemic, nobody foresaw the frenetic buying environment we continue to experience. Twenty-four months later, the pre-owned business aircraft market has achieved record high transaction rates, and a record-low inventory level,” said NAFA member Tony Kioussis, President of Asset Insight, LLC. “Buyers are obtaining their ask prices, if not more, and owners of high-quality, low-time, recent model aircraft may not even have to list their asset to secure a sale.” 

    Download the complete Market Report covering Q1 2022, HERE.

    Read full article here

    This report was originally published by Asset Insight on April 13, 2022.

  • NAFA Administrator posted an article
    Preowned Business Jet Market Continues Feverish Pace see more

    The preowned business aircraft market remains hot, with 288 transactions completed in the first quarter of 2022, according to a report from NAFA member International Aircraft Dealers Association (IADA). That's a 35 percent increase from the first quarter of last year when 213 transactions were completed, the association said.

    “We live in tumultuous times," said IADA executive director Wayne Starling. "Despite that, the aviation field continues to show extraordinary strength. Global demand is very high.”

    IADA members reported that acquisition agreements nearly doubled to 223 in the first quarter, up from 121 a year earlier. Prices dropped in only six cases, compared with 27 a year earlier. IADA reported that 45 deals fell apart in the quarter. Although that number was up from 41 in the first quarter of 2021, it was against the backdrop of an increase in the number of agreements.

    The association’s members were retained exclusively to sell 155 aircraft in the quarter, down slightly from 157 a year earlier.

    This article was originally published by Business Jet Traveler in April 2022.

  • NAFA Administrator posted an article
    Pete Bunce: A Promising Future for General Aviation see more

    The General and Business Aviation industry has endured a great deal since the outset of the Covid-19 pandemic. We have faced numerous challenges and our resiliency has been tested, but the leading aircraft manufacturers actively managed their way through the past two years with a focus on the safety of employees, the growth of businesses and relations with customers. NAFA member, Pete Bunce, President and CEO of the General Aviation Manufacturers Association, discusses.

    As we begin to come out of the pandemic, we are seeing that the Business Aviation industry is alive with new developments and a keen eye on the future.

    The General Aviation Manufacturers Association’s 2021 General Aviation Aircraft Shipments and Billings Report, released in late February, showed that our industry is healthy and growing. The strength and tenacity of the General Aviation industry has provided a strong foundation for us to rebound from pandemic-related setbacks with a powerful showing in 2021.

    Overall, when compared to 2020, all aircraft segments (piston airplanes, turboprops, business jets, piston helicopters and turbine helicopters) saw increases in shipments and preliminary aircraft deliveries were valued at $25.2bn, an increase of 10.2%.

    Currently, total aircraft shipments are converging on figures that were seen before the outset of the pandemic.

    Read full article here

    This article was originally published by AvBuyer on April 14, 2022.

  • NAFA Administrator posted an article
    2022 Second Quarter Business Jet Model/Market Summary see more

    NAFA member, Duncan Aviation releases their latest Business Jet Model/Market Summary. 

    When acquiring or upgrading a business aircraft, selecting the right make/model is one of your most important decisions. Duncan Aviation’s Aircraft Sales and Acquisitions team can help you narrow your selection with the use of a comprehensive and up-to-date Model/Market Summary.

    The Model/Market Summary is sorted by the seats-full range for aircraft built in the last decade. It displays items including:

    • Years Produced
    • VREF Price Range
    • Variable Cost / Hour
    • Normal Cruise Speed
    • Total Baggage Volume / Cabin Volume / Length / Height
    • Cabin Seats
    • Expected Avionics
    • NBAA IFR Range-Seats Full
    • NBAA IFR Range Ferry
    • Payload with Fuel Full
    • Average Fuel Burn

    Download the Business Jet Model/Market Summary now

    This summary was originally published by Duncan Aviation in May 2022. 

  • NAFA Administrator posted an article
    Global Jet Capital Releases Annual Business Jet Market Forecast see more

    Media Contact:

    Aimee Talbert Nardini, Global Jet Capital

    561.212.1594 [mobile]

    atalbertnardini@globaljetcapital.com

     

     

     

     

    Global Jet Capital Releases Annual Business Jet Market Forecast

    Five-Year Worldwide Outlook for Growth Continues

    Forecast Projects $186.8 Billion in Total Transaction Volume Over the Next 5 Years

    Danbury, CT – May 22, 2022 – Global Jet Capital, a global leader in financial solutions for business aircraft, released its five-year Business Jet Market Forecast today reporting continued growth for the period. First introduced in 2021, the updated report contains insights and projections for the business aviation market through 2026, including new deliveries and pre-owned transactions. The report contains a high level of detail based on outputs generated by Global Jet Capital’s proprietary transaction forecast model.

    “If you are active in the business aviation environment, you recognize that despite the continuing negative effect of COVID-19 on world health and various business sectors, its effect on business aviation has been altogether different. The pandemic more broadly socialized a value proposition those of us in the business aviation industry have always understood. It’s the unique value proposition of business aviation, supported by a mature industry demonstrating balanced supply and demand dynamics, that will support sustainable growth for the foreseeable future.” Andrew Farrant, Chief Marketing Officer, stated.

    Based on its model, Global Jet Capital projects $186.8 billion in total transaction volume of new and pre-owned transactions between 2022 and 2026, with a compound annual growth rate of 5.1 percent during that time.

    The report also forecasts heavy and medium jet demand should increase at faster rates than other size categories. North America will remain the largest business jet market over the next five years with Europe being second largest market. Additionally, Latin America will be an important pre-owned market.

    Global Jet Capital believes that the projections contained within the forecast will be a useful tool for individuals and organizations as they navigate the years to come. To download the Market Forecast, visit: www.globaljetcapital.com/forecast-22

    About Global Jet Capital

    With more than $5 billion invested in business aviation and a unique ABS program that has attracted over $3.5 billion into the sector, Global Jet Capital provides financing solutions for the business aircraft market. The Company is capitalized by world-class private investors with expertise in the global aviation industry: Carlyle, FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit, and AE Industrial Partners. The Global Jet Capital management team has served the business aircraft industry for a combined 250-plus years and has completed over 3,500 aircraft transactions. The Company has the expertise, financial strength, industry relationships and infrastructure necessary to offer a variety of flexible financing solutions at the speed the market requires. Visit www.globaljetcapital.com to learn more.

    This release was originally published by Global Jet Capital on May 22, 2022.

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – March 2022 see more

    While pre-owned aircraft availability appeared to be stabilizing, demand was at an all-time high in March, and Ask Prices continued to increase. Which models were affected the most? NAFA member, Asset Insight's President and CEO Tony Kioussis explores.

    Asset Insight’s tracked fleet decreased 0.7% (five fewer aircraft) during March, and listings were 58.5% below the June 2020 peak. The analysis undertaken on March 31 examined 134 models, equating to 698 inventory assets. However, many young, lower-time aircraft continue to transact without ever being listed for sale.

    The tracked fleet’s Quality Rating posted three consecutive monthly improvements to reach a 12-month high figure in March. At 5.308 on Asset Insight’s scale of -2.5 (low) to 10 (high), inventory assets moved into the ‘Excellent’ range (from February’s ‘Very Good’ status), signifying fewer near-term maintenance events and proving, yet again, that Maintenance Status does not directly relate to aircraft age. The figure was also relatively unchanged Year-over-Year (YoY).

    Read full report here

    This Asset Insight report was originally published by AvBuyer on April 21, 2022.

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – February 2022 see more

    NAFA member, Tony Kioussis, President and CEO of Asset Insight, shares their latest Used Aircraft Maintenance and Marketability Analysis.

    More turbine aircraft than ever sold without a public listing in February, while the average Ask Price continued to climb, and availability decreased. Which models were affected the most? 

    Asset Insight’s 134-model tracked fleet ended February with only 703 assets listed for sale, having decreased by 5.3% in February (39 aircraft). Younger, lower-time unlisted aircraft continue to transact at a pace we’ve never seen before, and listings are now down more than 58% since the June 2020 peak.

    As proof that an aircraft’s maintenance condition and its age have no direct correlation, the listed fleet’s Quality Rating improved an additional 0.8% to 5.216 (indicating fewer upcoming maintenance events), following January’s 0.6% rise. Available inventory remained within ‘Very Good’ territory, but the latest Rating was 2.6% lower, Year-over-Year (YoY).

    Read full report here

    This Asset Insight report was originally published by AvBuyer on March 16, 2022.

     

     

  • NAFA Administrator posted an article
    NAFA member, Aero Asset, shares their latest 2021 Annual Heli Market Trends report. see more

    NAFA member, Aero Asset, shares their latest 2021 Annual Heli Market Trends report.

    Heli Market Trends compiles 2021 performance of 13 twin engine models in the light, medium and heavy weight categories, from Airbus Helicopters H135 to Sikorsky S92. Market performance is ranked from most to least active.

    Key Findings

    TRANSACTION VOLUME RISES, SUPPLY SHRINKS

    • Total retail sales increased 25% 2021 vs. 2020 (YOY).
    • Supply for sale decreased 25% lower Q4 2021 vs. Q4 2020 (YOY).
    • Absorption rate reached its lowest point in 3 years at the end of Q4 2021.

     

     

     

     

     

     

     

     

     

     

     

     

    WEIGHT CLASS PERFORMANCE

    • Supply for sale decreased in all asset classes through 2021.
    • Light & Medium twin engine retail sales volume increased nearly 40% YOY. • Heavy retail sales declined by half over same period.

     

     

     

     

     

     

     

    REGIONS & CONFIGS

    • North American & European sales accounted for 70% of total transactions in 2021.
    • North America saw the highest transaction volume increase +70% YOY.
    • Sales volume of VIP configurations rose 25% YOY while utility sales rose 40%.

     

    LIQUIDITY LINEUP

    • The best performing preowned twin engine market in 2021 was the Airbus EC/H145, for the third consecutive year, followed by the Bell 429 and the Leonardo A109S/SP.
    • The worst performing preowned twin market in 2021 was the Airbus EC/H225 market, with a 50% drop in sales volume YOY.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    DEAL PIPELINE COOL DOWN

    • The number of deals pending at various stages of transaction declined 40% Q4 2021 vs. Q4 2020.
    • However, the number of deals pending in the pipeline remained stable for the last 3 quarters of 2021.

     

    Full Heli Market Trends report available at (https://www.aeroasset.com/en/report-download/2021

    Click here to download the full report.

     

    This report was originally published by Aero Asset on March 8, 2022.

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – January 2022 see more

    The New Year began with strong demand for pre-owned aircraft, resulting in another decrease in available inventory, and an average Ask Price increase. Which models were affected the most? NAFA member, Tony Kioussis explores.

    The 134-model fleet tracked by Asset Insight experienced the 19th consecutive monthly inventory decrease in January, this time dropping 16.1% (142 units), leaving only 742 units listed for sale. The latest decrease has led to a 55.8% inventory reduction since June 2020.

    The listed fleet’s Quality Rating improved 0.6% in January to 5.177, following three consecutive 12-month low figures, keeping available assets within ‘Very Good’ territory. However, January’s Quality Rating equated to a 3.3% reduction Year-over-Year (YoY).

    January’s Pre-Owned Aircraft Value Trends

    Ask Prices for the listed fleet increased 5.8% in January, and yet the average is still down 12.3% YoY, which is not surprising if you keep in mind that availability currently consists of a heavily picked-over fleet.

    For information, younger, lower-time aircraft (when they are actually listed for sale – many are selling without a formal listing) are recording high transaction values, thanks to numerous buyers competing for very limited availability.

    By category, the Ask Price changes were as follows…

    • Large Jets:After climbing 14.5% during Q4 2021, Ask Price climbed another 15% in January 2022 to a 12-month high that was also 30.9% higher, YoY.
    • Mid-Size Jets:Following December 2021’s record-low Ask Price, the Mid-Size Jet category’s figure improved 17.8% in January. But that was still 16.5% lower YoY, and remained below the group’s 12-month average.
    • Light Jets: Ask Prices rose a mere 0.3% after December’s 12-month low figure, leaving the average 22.2% lower, YoY.
    • Turboprops:With higher quality assets leaving the inventory during January, the average Ask Price for the remaining listings decreased 8.6%, to a 12-month low equating to a 7.9% drop, YoY.

    Read full market report here.

    This report was originally published by AvBuyer on February 17, 2022.

  • NAFA Administrator posted an article
    An Update on the Business Aviation Market, Q4 2021 see more

    NAFA member, VREF President Jason Zilberbrand, discusses how the used business aircraft sales market is performing moving into 2022? 

    What a difference a year makes! The doom and gloom within the pre-owned aircraft sales market just over a year ago is almost hard to believe. VREF's Jason Zilberbrand summarizes the latest market report for Q4 2021...

    While there are still many unknowns in terms of the global supply chain, inflation, interest rates, and another winter of pandemic, the one thing we can say for sure is that General Aviation is back, as evidenced by recent used aircraft sales activity.

    There was a time when that wasn’t even a thought. Cheap airline tickets, and service to every part of the world made it easy to forget how critical General Aviation is to the economy.

    Today, however, the erratic behavior of passengers on commercial flights has been problematic, leading to a number of aborted flights. Attacks on airline employees and fellow passengers have made the headlines. As if the airlines needed any more issues to deal with, they also face labor problems, pilot shortages and vaccination mandates. These issues have helped propel private air travel, giving it a prominent place in today’s economy.

    Read full article here

    This article was originally published by AvBuyer on December 28, 2021.

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – December 2021 see more

    Demand for used business aircraft ended 2021 at an all-time high, availability was at an all-time low, but the average Ask Price posted a record low figure. Why is this happening, and which models were affected the most? NAFA member, Tony Kioussis, President and CEO of Asset Insight, explores.

    Since peaking in June 2020, inventory has now decreased 62.5%. Sales for the tracked fleet during Q4 2021 were lower than those posted during Q4 2020 (587 vs. 624 units). However, the cause was not a lack of demand, but a lack of availability – especially in young, low-time aircraft.

    The 134-model fleet reviewed by Asset Insight decreased another 6.6% in December (126 fewer units), 25.7% during Q4 2021, and 53.8% Year-over-Year (YoY), or 1,028 units, a figure that exceeded 2020’s inventory fleet decrease of 902 units.

    With buyer preference centered on the best available aircraft, the Quality Rating decreased 0.8% in December to 5.146, the tracked fleet’s third consecutive 12-month low, equating to a decrease of 1.9% during Q4, and 3.8% YoY.

    Available assets remained within ‘Very Good’ territory, but potential buyers should note that most listed aircraft are facing more near-term maintenance events.

    Read full report here

    This report was originally published by AvBuyer on January 19, 2022.

     

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – November 2021 see more

    NAFA member, Tony Kioussis, President & CEO, Asset Insight, LLC, shares the November 2021 Used Aircraft Maintenance & Marketability Analysis.

    November’s pre-owned aircraft sales amounted to the second highest number of monthly aircraft trades for the models tracked by Asset Insight, along with an average Ask Price increase. Which models were affected the most? 

    The inventory of pre-owned business jet and turboprops tracked by Asset Insight decreased 5.6% (107 units) during November. That contributed to a 47% reduction Year-to-Date (YTD), equating to 902 fewer units.

    Overall, the 1,010 assets listed for sale across the 134 model fleet tracked by Asset Insight at the end of November, 2021 represent a 52.2% inventory decrease Year-over-Year (YoY).

    The market analysis, conducted by Asset Insight on November 30, exposed an additional 5.6% decrease to inventory over October (73 units). A lack of young, low-time aircraft certainly does not appear to have dampened buyer enthusiasm. Sellers of aging aircraft will be hoping to benefit from the market’s activity – however unlikely that might be.

    The listed fleet for sale’s Quality Rating deteriorated 0.2% from October’s 5.200, to 5.187. This represents a second consecutive 12-month low, and produces a YoY decrease of 3.4%. The Rating remained within ‘Very Good’ territory, but buyers should take note that most listed aircraft are approaching more near-term maintenance events.

    Read the full report here

    The report was originally published by AvBuyer on December 15, 2021.

     

     

  • NAFA Administrator posted an article
    Used Aircraft Maintenance & Marketability Analysis – September 2021 see more

    NAFA member, Asset Insight, shares their Used Aircraft Maintenance & Marketability Analysis for September 2021.

    Transactions for Asset Insight’s tracked business aircraft increased 1.5% during Q3. compared to Q2. Availability continued to decrease, and the average Ask Price increased for the first time in four months. Tony Kioussis checks which models were impacted the most…

    Year-to-date (YTD) availability of Asset Insight’s tracked fleet of business jets and turboprops has decreased every month since June 2020, and is down 37.8% (722 fewer aircraft), equating to a 47% year-over-year (YoY) reduction.

    The September 30th, 2021 market analysis identified an additional 4.3% availability decrease (82 units) for the tracked fleet, covering 134 models, leaving 1,190 assets listed for sale, but with few young, low-time units available. 

    The listed fleet’s Quality Rating saw little change in September, improving by 0.1%, but deteriorated 0.7% for the quarter, and 0.9% YoY. At 5.245, the inventory remained within ‘Very Good’ Quality Rating territory, but, compared to Q2, more near-term maintenance events are due for the listed fleet. 

    Read full report here

    This report was originally published by AvBuyer on October 20, 2021.

     

     

  • NAFA Administrator posted an article
    NAFA member, AMSTAT, shares their latest Quarterly Report Webinar. see more

    NAFA member, AMSTAT, shares their latest Quarterly Report Webinar. 

    Watch the latest business aircraft resale market quarterly update from AMSTAT, General Aviation Services, and Bloomberg Intelligence.

    Content includes insights into:

    • Business aircraft segment value trends.
    • Resale transaction activity, resale inventory analysis and charter and fractional aircraft utilization.
    • Economic analysis with context for business aviation.

    View webinar here

    This webinar was published by AMSTAT on September 9, 2021.