Amstat’s (Booth N106) latest Business Aircraft Resale Market Update Report shows business aircraft transactions stalled in Q1 of 2016. One bright spot was light jet resale transactions, which increased from 2.4 per cent in Q1 of 2015 to 2.7 percent in Q1 this year. But heavy jet transactions declined from 1.8 percent in Q1 2015 to 1.6 percent this year, and 2.2 percent of the medium jet fleet turned over in Q1 versus 2.5 percent in Q1 2015. Meanwhile, the market report showed that asking prices and inventory have increased, overall.
Heavy jet average asking prices had been improving since mid-2011 but decreased 3.1 percent in Q1 2016. Medium jet average asking prices are down 6.4 percent since the start of the year. Light jets again showed blue ink, with average asking prices increasing 4.5 percent in Q1 of 2016.
Meanwhile, turboprop asking prices have increased 4.3 percent since Q1 2015 and multi-engine helicopter average asking prices have increased 6.7 percent since the start of 2016. The single-engine helicopter average asking price has remained unchanged.
Business Jet Inventory increased from last year’s 10.9 percent to 11.3 percent. The Heavy Jet inventory has increased 10.6 percent by April from 10.4 percent at the start of the year and 10.5 percent a year ago. Medium jet inventory is up to 11. 6 percent, meaning it has almost increased 1 percent since 2015. Turboprop inventories have increased from 8.2 percent to 8.5 percent since the beginning of 2015.
