Estimated values of preowned business aircraft have risen in each of the five categories—light, midsize, super-midsize, and large-cabin jets and turboprops—over the past six months, according to Amstat’s latest Aircraft Valuation Tool (AVT) Aircraft Values Report. “The increase in estimated values reflects recent increases in market demand and a tightening market with fewer options for buyers,” said Amstat general manager Andrew Young.
Leading the categories is the super-midsize jet segment, which saw the average estimated value surge 23.7 percent, from $5.7 million to $7 million, since October. This is followed by turboprops, where the average estimated value climbed 18.8 percent, from $2.2 million to $2.6 million, over the past six months, Amstat’s AVT report noted.
Preowned large-cabin business jet values rose 7.8 percent, to $15.2 million, over the past two quarters, while light jet values jumped by 6.9 percent, to $2.4 million. Meanwhile, the midsize jet segment remains somewhat stalled, with values rising just 0.4 percent, to $3.1 million, since October, according to Amstat.
