Aero Asset\u2019s 2023 Half Year Heli Market Trends Report,\nsingle engine helicopter edition, reveals declining sales volume and rising\nsupply for sale leading to a higher absorption rate compared to the same period\nin 2022.<\/p>\n\n\n\n
\u201cRetail sales of 58 units, valued at $132 million, decreased\n60 percent in the first half of 2023 in comparison to the same period in 2022,\u201d\nsaid Valerie Pereira, Aero Asset VP Market Research. \u201cSupply for sale ended 70\npercent higher year over year at 108 units available on the market, and the\nabsorption rate increased to 8.5 months of supply at current trade levels.\u201d<\/p>\n\n\n\n
Prices Up<\/strong><\/p>\n\n\n\n Interestingly average asking price remained strong, up 11\npercent year over year, buoyed by arrival of low time helicopters on the\nmarket. Average trading price also remained strong against firm OEM lead time\nbackdrop, increasing 23 percent year over year.<\/p>\n\n\n\n Liquidity Lineup<\/strong><\/p>\n\n\n\n The most liquid preowned single engine helicopter market\nduring the first half of 2023 was the Bell 407\/GX\/P\/I followed by the Airbus\nAS350 B3\/B3e\/H125, and the Airbus EC130 B4\/H130. The least liquid preowned\nmarket during the first half was the Leonardo AW119K\/Ke\/Kx, with an absorption\nrate of 14 months.<\/p>\n\n\n\n North American Demand<\/strong><\/p>\n\n\n\n During the first half of 2023, there was a robust demand for\nsingles in North America, as buyers there accounted for two-thirds of all\npreowned single engine helicopter transactions. At the same time, retail sales\nin Europe dropped 75 percent year over year. Europe and North America together\naccounted for two thirds of the worldwide supply for sale.<\/p>\n\n\n\n