market UPDATE
Inventory is up slightly, up 2 aircraft from a year ago, with 5 total on the market. This represents about 20% of the 24 total 1As in operation. This is not unusual for a fleet this small or of this age, on average 41 years old, with an average manufacture year of 1985. We're seeing premium pricing, up $33,000 or 2% from last year. The sales rate has increased. Aircraft are selling faster, with days on the market down substantially from March of 2025, 131 days, indicating an increase in demand. This is supported by the fact that inventory is moving quite well. Four total sales in the 1A market representing 16% of the total fleet. Vintages of the aircraft that have sold span from 1983 to 1986. At this rate, there's enough inventory to supply the market for just over a year, about 15.2 months. Overall, the market is balanced. We've seen an increase in pricing over the year, as well as healthy transaction volume. Right now is a good time for both buyers and sellers to transact. In summary, I categorize this market as a neutral market and give it a C + demand rating.
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