Aircraft
Aircraft Values Continue Gains Despite Higher Inventory
Sandhills Global's aviation industry market report for September shows gains in value for turboprops and jets.
Aircraft values remain strong as inventories increase, according to Sandhills Global's latest aviation industry market report. (Photo: Mark Wagner)
Aircraft values remain strong as inventories increase, according to Sandhills Global's latest aviation industry market report. (Photo: Mark Wagner)

Preowned business aircraft exceeded or continued to hold their value in September even as inventory levels rose, according to Sandhills Global’s latest aviation industry market report. That’s especially true among turboprops, the asking values of which surpassed highs that were reached earlier in May.

In the U.S. and Canada, turboprops’ asking equipment value index (EVI)—a Sandhills proprietary measure used to monitor equipment markets—in September increased 3.3 percent month-over-month and 33 percent year-over-year. Used turboprop inventory increased by 4.3 percent in September but remained down 30.4 percent from a year ago.