There's currently just one aircraft actively for sale globally, which represents less than 1% of the total in operation fleet. For those evaluating this inventory, there are no published asking prices across available aircraft, but sales data supports valuations anywhere from the low 5 millions to the high 8 millions, depending on model year. In terms of transactional velocity, timing has shortened year over year. The average time it takes for an available aircraft to transition to a new owner, the days on market, is currently 13 days. This reflects a market with healthy buyer demand and very limited options. Transactional volume is moderate and primarily consists of new deliveries. Looking back at the historical trends, retail sales have averaged a little over two transactions per month. Healthy demand, combined with limited pre-owned listings, has successfully maintained a strong market, giving us a current absorption rate just over one month. In summary, this remains a seller's market. Demand is healthy and used listings are limited. I would give this market an A demand rating.
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The King Air 360 market has increased 20% from a year ago, but remain low overall. Only 5.4% of the overall fleet is for sale. Prices are increasing slightly. The average asking price has increased 2% over the past 12 months. King 360s are selling at a faster pace. The days on market has decreased 10% from this time last year. There have been 23 retail sales over the past 12 months, with 3 of them transacting since the beginning of 2026. Vintages of the aircraft that have sold since the beginning of the year range from 2020 to 2025 models. Based on recent supply and demand trends, there's currently between 6 and 7 months of inventory on the market for sale. In summary, this market is strong and aircraft are transacting consistently. Fleet size is relatively small, so options are limited and volume is moderate.
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Inventory levels are unchanged from a year ago, but down three units over the past couple months. The overall inventory level remains very low.Only 2.7% of the overall fleet is for sale. Prices continue to increase. The average asking price has increased 5% over the past 12 months. There has been a significant increase in days on market. The days on market has increased 25% from this time last year and is over a hundred days higher than a couple months ago. But this is more of an outlier caused by a couple of airplanes rather than a negative trend. There have been 29 retail sales over the past 12 months. Based on recent supply and demand trends, there's currently between two and three months of inventory on the market for sale. This represents a significant short-term improvement from Q1. In summary, this market is strong and aircraft are transacting consistently. Fleet size is relatively small, so options are limited and volume is moderate.
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