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