market UPDATE
This market continues to loosen a bit with inventory levels up 30 percent from a year ago. The average asking price has increased 7 percent over the past 12 months and 50 EXs are selling at a slightly slower pace. The days on the market has also increased 12% from this time last year. There have been 13 retail sales over the past 12 months, are being sold range the entire fleet from 1997 to 2007 models. Based on recent supply and demand trends, there's currently about 13 months of inventory on the market for sale. In summary, there's been a slight increase in asking prices, and the market is very active and stable. Aircraft with ProLine 21 avionics upgrades and recent 2C or 4C inspections are selling at a premium due to parts and component availability, ever-present corrosion issues, and significant landing gear overhaul backlogs. Supply and demand are balanced and in alignment. Overall, I'd categorize this 50X market as a seller's market with recent C-checks and a buyer's market for aircraft with 2 or 4C inspections coming due in the next 3 years or less. I still give the 50X market a balanced A demand rating.
Or Contact Michael Gauvreau Directly at