Used Aircraft Inventory Levels Continue Ascent with Piston Single and Turboprop Values Remaining Strong While Jet Values Dip Lower
LINCOLN, Neb., Aug. 4, 2022 /PRNewswire/ -- The newest Sandhills Global aviation industry market reports identify value shifts in specific used aircraft categories amidst rising inventory levels overall in Sandhills marketplaces. Asking values held steady in July for turboprop aircraft and increased for piston singles, for example, while asking values for jets continued to decline. July marked the fifth consecutive month of inventory expansion across all aircraft categories.
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills' proprietary asset valuation tool for all types of aircraft, built using the same technology behind FleetEvaluator. Widely used and trusted across equipment, truck, and trailer industries, FleetEvaluator identifies asset values with unparalleled accuracy.
The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.
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SOURCE Sandhills Global