Finance, Taxes, Insurance
HeliValue$: 'The Worst Helicopter Market in 40 Years'
Used helicopter values sink under the pressures of pandemic, cheap oil, and scarce credit.
Lessor Milestone Aviation has recently increased its already-large fleet of Sikorsky S-92 helicopters. [Photo: Milestone Aviation]
Lessor Milestone Aviation has recently increased its already-large fleet of Sikorsky S-92 helicopters. [Photo: Milestone Aviation]

“It’s the worst helicopter market in 40 years.” That’s the blunt appraisal of Jason Kmiecik, president of aircraft pricing specialist HeliValue$, who told AIN that second-quarter 2020 transactions were down “drastically” from the first quarter. The leader of the rotorcraft appraisal and consulting firm blamed the plunge on a terrible trifecta of industry troubles, including Covid-19 pandemic proliferation, collapsing oil prices, and evaporating operator credit. “There’s just a lot of bad things going on. It’s a bad time for everybody,” he said.


Loading…