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Used Aircraft Maintenance & Marketability Analysis – November 2022

Used Aircraft Maintenance & Marketability Analysis – November 2022

Eight consecutive monthly inventory increases coincided with all-time high average Ask Prices in November 2022. Which models were affected the most? NAFA member and Asset Insight President Tony Kioussis explores…

Asset Insight’s tracked 134-model fleet achieved its eighth consecutive inventory increase with all four groups participating. November’s 9.6% rise in listed assets (93 units) equated to a 20.6% increase Year-to-Date (YTD) that left only Turboprop availability below the December 2021 level.

While still 36.5% below the June 2020 overall inventory peak, the active fleet’s availability has now risen to 4.8%, which is higher than the 4.6% figure posted one year ago. At 10.3, Turboprops continued to offer the largest per-model aircraft selection, followed by Light Jets (10.1), Large Jets (6.8), and Mid-Size Jets (6.5).

The Quality Rating’s 0.1% monthly improvement, albeit nominal, was the best figure since April’s 12-month high.

On Asset Insight’s scale of -2.5 (low) to 10 (high), November’s 5.327 kept listed assets within the ‘Excellent’ range, and the Rating was 2.7% better/higher Year-over-Year (YoY), meaning fewer maintenance events coming due in the near future for the currently listed fleet.

November’s Pre-Owned Aircraft Value Trends

Led by Light Jet and Turboprop record-high Ask Prices, the tracked fleet’s average increased by 1.9% in November to a record-high overall value. While reflecting the eighth consecutive monthly rise, the increase was also the seventh consecutive 12-month high figure, and in November equated to 58.9% increase YoY, and 79.2% YTD.

Read full report here

This report was originally published by AvBuyer on December 22, 2022.

 


 January 26, 2023