Used Aircraft Price Trends 2022

Used Aircraft Price Trends 2022 - Here, it managed to capture the penultimate spot through the addition of two units to the listed fleet, along with one closed transaction that posted after we closed out September. The fleet mix change increased Maintenance Exposure by more than $246k and decreased Ask Price by nearly $21k.

The third 'Most Deteriorated' model to post no transactions in October is the Beechcraft Premier 1, a model making its fourth appearance on our report during the past 12 months, but only the first on this side of the ledger, after occupying the fifth spot

Used Aircraft Price Trends 2022

on September's 'Most Improved' list. Published: Feb. 28, 2023 at 02:06 PM EST Updated: Feb. 28, 2023 at 02:14 PM EST The University of North Dakota introduced a Bachelor of Science degree in Aerospace Engineering through the College of Engineering & Mines.

Used Aircraft Maintenance Marketability Analysis – October

The four-year degree program will be offered beginning in the Fall 2023 semester. It is not until an aircraft undergoes some major maintenance that a seller is sufficiently motivated to accept a lower figure, or a buyer is willing to pay a higher price, and the aircraft transacts, ultimately.

Published: Feb. 15, 2023 at 10:39 AM EST Updated: Feb. 15, 2023 at 10:39 AM EST West Star Aviation announced Tuesday that Mike Sichmeller, the Avionics Technical Sales Manager at East Alton, Illinois (ALN) has been nominated by a committee of industry peers for the AEA Member of the Year Award.

There is no question that sales have been brisk, with four transactions in October (as was the case in September). Three aircraft also joined the inventory group in October, but the 11 listed assets only equate to 3.6% of the active fleet.

Published: Mar. 2, 2023 at 11:18 AM EST Updated: Mar. 2, 2023 at 11:19 AM EST VisionSafe partnered with Dynamic Advanced Training for a strategic training & safety partnership, showcasing the Emergency Vision Assurance System as a critical safety initiative during a blinding cockpit smoke emergency.

Air Company Wins Contract To Create Saf Out Of The Atmosphere

Published: Mar. 1, 2023 at 10:30 AM EST Updated: Mar. 1, 2023 at 10:37 AM EST EAA will continue its traditional Ford Tri-Motor tour, giving people across the country a view of the great roaring '20s and showing off a historic 1928 Ford Tri-Motor 5-AT-B.

Find out how to book your flight today and learn the history of this historic model. To achieve its twenty-third appearance on a report, the Cessna Citation ISP posted five transactions in October, along with three additions to the 'for sale' list.

The changes in the fleet mix increased Maintenance Exposure nearly $38k, reduced Ask Price by over $9k, and increased the ETP Ratio to 125.5%. LINCOLN, Neb. , Sept. 9, 2022 /PRNewswire/ -- The latest Sandhills Global aviation industry market reports indicate slight declines in asking values ​​across the used piston single, turboprop, and jet aircraft categories in Sandhills marketplaces.

Since the first few months of 2022, inventory levels have been rising from historic lows across all categories. This increase in inventory levels has impacted how quickly assets can be sold. "The number of days on market has been steadily increasing across most aviation segments," says Controller Department Manager Brant Washburn.

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Making its first appearance on a report is a model whose 27.5% ETP Ratio speaks to the strong opportunity sellers have to achieve value-based pricing. While 16 Embraer Phenom 100 units were listed for sale when October closed, that equated to only 5.5% of the active fleet.

The NTSB announced the appointment of Judge Stephen Woody as the chief administrative law judge for the agency. Judge Woody has been with the agency for over ten years and has served in an acting capacity since Alfonso Montaño retired as Chief Judge in December 2022.

Sellers also need to carefully weigh any offer from a prospective buyer against the loss in value of their aircraft for sale as the asset spends more days on the market awaiting a better offer, while simultaneously accruing a higher maintenance figure.

Assets whose ETP Ratio was 40% or higher during Q3 were listed for sale nearly 89% longer (on average) than aircraft whose Ratio was below 40% (331 versus 175 Days on Market). In October, nearly 35% of the tracked models, and 38% of the listed fleet, posted an ETP Ratio above the 40%-mark Asset Insight considers to be 'excessive.'  Each group fared as follows…

Paired with a Maintenance Exposure decrease exceeding $61k, the combination lowered the model's ETP Ratio to 136.4%. This second consecutive monthly ETP Ratio improvement is a positive development, but still unlikely to dramatically improve sellers' fortunes.

Published: Feb. 28, 2023 at 05:05 PM EST Updated: Feb. 28, 2023 at 05:12 PM EST Signature Aviation has announced it has achieved carbon neutrality for 2022 across its global network of over 200 FBO locations.

As the first aviation firm to achieve this, Signature has plans for continued neutrality and other green goals. As many readers know, the ETP Ratio is a useful indicator of an aircraft's marketability. It is calculated by dividing the asset's Maintenance Exposure (the financial liability accrued with respect to future scheduled maintenance events) by its Ask Price.

'Days on Market' (DoM) analysis has shown that when the ETP Ratio is greater than 40%, a listed aircraft's time on the market increases, usually by more than 30%. About the Sandhills Equipment Value Index The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values ​​of used assets—both currently and over time—across the construction, agricultural, commercial trucking, and aviation industries represented by Sandhills Global marketplaces,

including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator and AircraftEvaluator, Sandhills' proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry. The $47.5k Ask Price decrease was ably assisted by a $36.5k Maintenance Exposure increase (due to monthly maintenance changes) for the ETP Ratio to approach 160%.

Finding a buyer at an Ask Price averaging over $1m is likely to pose a serious challenge for sellers, who should carefully consider any offers received. The U.S. Air Force and Defense Innovation Unit have awarded startup Air Company with a $65 million contract to create sustainable aviation fuel out of carbon dioxide pulled from the atmosphere.

Discover the process used to create SAF out of the air and how the military will utilize this technology. One October transaction was recorded and, with no other inventory changes, the three remaining listings represented 12.5% ​​of the active fleet.

While the 76% ETP Ratio could be favorably adjusted through engine enrollment on an Hourly Cost Maintenance Program (HCMP), at least one of these sellers will find it challenging to secure value-based pricing. Moving from first place on September's 'Most Deteriorated' list to third spot on October's 'Most Improved' list is no minor accomplishment, and the Cessna Citation III achieved it through a Maintenance Exposure reduction exceeding $115k and no change to the model's Ask Price.

Occupying the final position on this month's 'Most Improved' list is the Dassault Falcon 50, which has appeared on a report three times during the past 12 months - all of them on this side of the ledger.

But as an aircraft's value decreases, there will come a point when the accrued maintenance figure equates to more than 40% of the aircraft's asking price. When a prospective buyer adjusts their offer to address this accrued maintenance, the figure is all-too-often considered unacceptable to the seller, and a deal is not reached.

The model has appeared on a report 14 times, with four of those appearances during the last 12 months. We anticipate its continued visibility on one-or-other of these lists as the differential between the low and high Ask Prices is currently over 176%.

The listed fleet's ETP Ratio has improved/decreased for six consecutive months and has also set a 12-month best/low figure over the past five months. In October, it improved/decreased to 50.7% from September's 52.7%, which was not a surprise based on the slight decrease in Maintenance Exposure and the 12-month high average Ask Price.

About Sandhills GlobalSandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the aviation, construction, agriculture, and commercial trucking industries.

Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud. Entities wishing to secure the enhanced bonus depreciation available under US tax law should, at this juncture, be well on their way to finalizing a transaction.

If not, the window to establish the necessary team of experienced professionals, even if they have identified their preferred aircraft, is rapidly closing. A wise seller needs to consider the potential marketability impact early maintenance might have on their aircraft, as well as its enrollment on an HCMP (where more than half of their model's in-service fleet is enrolled on one).

Published: Mar. 1, 2023 at 4:47 PM EST Updated: Mar. 1, 2023 at 4:55 PM EST The new-build production of the F/A-18 Super Hornet fighter aircraft has a completion date set as Boeing plans to shift resources and redirect focus onto future projects.

A final production date has been set and Boeing has outlined the several future projects it will shift its focus to. Published: Feb. 27, 2023 at 4:10 PM EST Updated: Feb. 27, 2023 at 4:23 PM EST

Another runway incursion was reported on Feb. 22 at the Bob Hope Burbank Airport when a SkyWest Embraer 175 was cleared to take off and a Mesa Airlines CRJ-900 was cleared to land immediately after on the same runway.

This is the fourth commercial airline runway incursion being investigated this year. Published: Mar. 2, 2023 at 11:47 AM EST Updated: Mar. 2, 2023 at 11:48 AM EST Standard & Poor's Global Ratings placed two notes of Global Jet Capital's asset-backed security (ABS) transactions on CreditWatch with positive implications.

Published: Feb. 27, 2023 at 11:58 AM EST Updated: Feb. 28, 2023 at 10:45 AM EST Seven applicants have come forward to fill the FBO opening at the Aspen-Pitkin County Airport, including the current FBO, whose contract is set to expire on Sept.

30. Each applicant has extensive requirements to snag the long-term contract, find out who is running and what it takes. New month, same market trends! The used aircraft inventory increased for a seventh consecutive month during October, while the average Ask Price posted a 12-month high figure.

Which models were affected the most? Tony Kioussis explores… Maintenance Exposure increased more than $378k, while Ask Price decreased over $251k in October to raise the ETP Ratio to 99.3%. Whether the model's sales steak will continue is anyone's guess, but we would not bet against it given the industry is amid its annual Q4 purchasing frenzy.

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