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Used Helicopter Market Attains Shaky Hover
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- March 4, 2021, 2:00 PM
The used helicopter market recovered enough in the second half of last year to outperform dismal 2019 unit sales volumes, concluded Toronto-based consultancy Aero Asset in its year-end 2020 market analysis. “Markets showed incredible resilience in Q3 and Q4,” the company noted. “Overall, 2020 preowned retail sales volume (number of units) rose by 10 percent year-over-year and 2020 saw the most retail transactions in the last four years.”
Aero Asset said supply rose 8 percent year-over-year and the overall absorption rate was fairly constant, contracting to 20.5 months from 21 months in 2019. Altogether, 143 used helicopters sold last year worth $516 million out of 245 offered for sale valued at about $1 billion.
- January 18, 2021, 11:40 AM
Sales of preowned twin-engine turbine helicopters improved quarter-over-quarter in the last three months of 2020, though they remained below year-ago levels, according to Aero Asset’s just-released quarterly Helicopter Market Trends report. Thirty-three preowned helicopters totaling $116 million were sold in the quarter, which was a 22 percent increase from the third quarter but 25 percent lower than in the fourth quarter of 2019.
There were 246 units for sale totaling $943 million, which was an 8 percent increase in units and a 17 percent decrease in value versus the year-ago period. The absorption rate increased 44 percent to 1.9 years.
The deal pipeline showed an improvement, increasing 11 percent to 29 units from fourth-quarter 2019. It was the first time in four consecutive quarters that the deal pipeline saw growth, the report noted.