Aero Asset’s 2024 Half Year Heli Market Trends Twin-Engine edition shows that transactions are down 30% year over year, while prices soar to a five-year high.
— Valerie Pereira, Vice President of Market Research, Aero Asset
TORONTO, ONTARIO, CANADA, September 19, 2024 /EINPresswire.com/ — Aero Asset released its 2024 Half Year Heli Market Trends Twin-Engine edition. Aero Asset leverages proprietary market intelligence to deliver a comprehensive analysis of the market, allowing readers to navigate the shifting dynamics of the preowned twin-engine helicopter market.
“Our analysis shows a 30% year-over-year decrease in retail sales volume of preowned twin-engine helicopters in the first half of 2024, and a 26% increase in supply for sale,” said Valerie Pereira, Vice President of Market Research. Additionally, Pereira explained the absorption rate had increased to 18 months of supply at current trade levels.
Pricing:
Despite the lower sales volume, average preowned trading prices have reached a five-year peak across all twin-engine asset classes, with the biggest average transaction price increases in the light (+21%) and medium twin-engine helicopter markets (+14%) year over year (YOY).
Weight Class Performance:
Retail sales declined across all weight classes YOY. The medium twin market saw the biggest drop in retail sales (-46% YOY), followed by heavies (-25% YOY), and light twin-engine helicopters (-14% YOY). Supply for sale of light twin-engine helicopters reached one of its highest levels; conversely, medium and heavy twin market supply for sale reached their lowest point in five years.
Regions:
In the first half of 2024, Europe was the only region to buck the trend and see an increase in preowned retail transactions (+5% YOY). Asia Pacific experienced the biggest regional drop in retail sales volume (-73% YOY). Supply in North America and Europe increased by 5% and 35% respectively YOY. These regions represented 62% of the total supply and accounted for two-thirds of total retail sales in the first half of 2024.
Liquidity:
The best performing preowned twin-engine market during the first six months of 2024 was the Airbus EC/H145, followed by the Airbus EC/H135, and the Leonardo AW139. The slowest performing preowned twin markets were the Airbus EC/H155 and Sikorsky S76D markets, with absorption rates over three years.
Download 2024 Half Year Heli Market Trends Twin-Engine Edition:
Heli Market Trends reports have become a trusted source of insight and analysis covering the global preowned helicopter market. Visit aeroasset.com/report to download the latest report with all its data and valuable analysis. This report includes a conversation with Sarah Fairweather, Partner and Head of Talent at Jaffa & Co.
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About Aero Asset Inc.
Aero Asset is an international helicopter trading and market intelligence firm, headquartered in Toronto, Canada. With a multicultural team and decades of experience marketing and selling aircraft across the globe, the company has grown into a world-leading helicopter sales and market intelligence firm.
Aero Asset is a member of the Helicopter Association International, the Association of Air Medical Services, the National Aircraft Finance Association, the European Helicopter Association, and the National Business Aviation Association.
For more information about the company, its inventory for sale, or its full scope of services and industry reports, please visit https://aeroasset.com.
Pierre Bled
Aero Asset
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