There are currently four aircraft actively for sale globally, which represents 2.1% of the total in operation fleet. For those evaluating this inventory, average asking price across available aircraft is just under $4,000,000. In terms of transactional velocity, timing has lengthened year over year. The average time it takes for an available aircraft to transition to a new owner, the days on the market, is currently 716 days. This number is artificially inflated because of stale inventory that has been on the market for several years. Transactional volume is low. Looking back at the historical trends, retail sales have averaged just over one transaction per month. We see a market where owners are holding onto their aircraft and used inventory remains limited. Strong demand and limited availability have successfully maintained a strong market, giving us a current absorption rate of just over three months. In summary, this remains a seller's market. Demand is healthy with limited options available on the pre-owned market. I would give this market an A demand rating.
COMING SOON...
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For March 2026. Inventory levels have decreased 20% from a year ago, and overall levels remain very low at just 2.1%. Prices are increasing. The average asking price is up 14% since the same time last year. PC12-47s are selling at a slower pace. The days-on-market has increased 28% from this time last year. This data is skewed, however, by a couple of aircraft that have been on the market for 3 and 4 years, respectively. There have been 13 retail sales over the past 12 months. With 2 occurring since the beginning of the year. The vintages of aircraft that have sold since the beginning of the year range from 2006 to 2007 models. Based on recent supply and demand trends, there's currently between 3 and 4 months of inventory on the market for sale. In summary, this market is strong. Inventory levels are low, and quality options are limited.
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Inventory levels have decreased 33% from a year ago, and overall levels remain very low at just 2.1%. Prices are increasing. The average asking price is up 13% since the same time last year. Both inventory levels and asking prices are unchanged in the short term from Q1 to Q2. The days on market has increased 33% from this time last year. But it's down slightly since Q1. This data remains skewed by a couple of aircraft that have been on the market for 3 and 4 years, respectively. There have been 15 retail sales over the past 12 months. Based on the recent supply and demand trends, there's currently just over 3 months of inventory on the market for sale. This represents a slight improvement from Q1 of this year. In summary, this market is strong. Inventory levels are low and quality options are limited.
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