Used Jet, Piston-Single & Turboprop Aircraft Markets Show Diverging Inventory & Asking Price Trends
The new Sandhills Global market reports covering November data for used jet, piston-single, and turboprop aircraft on Controller.com and other Sandhills platforms show diverging trends in these markets. While the reports show a downward trend in inventory year over year for global used jets and turboprop aircraft, inventory in the used piston-single aircraft market has been trending upward recently, although it dipped in November.
Used jet inventory levels are trending sideways, despite decreases of 3.95% month over month and 16.73% YOY in November. Used turboprop aircraft inventory levels continued a months-long downward trend, slipping 3.54% M/M and 17.76% YOY. Piston-single aircraft inventory dipped by 0.44% M/M and 5.33% YOY.
While asking values in the used jet and turboprop markets are trending sideways, asking prices in the piston-single aircraft segment are trending up, having increased by 2.29% M/M and 2.04% YOY in November.
Watch our video to learn more about inventory and asking price trends in these used aircraft markets.
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