Global sales of preowned single-engine helicopters on positive trajectory during first half of 2024

Global helicopter sales and market intelligence specialists, Aero Asset, have released their latest report, the 2024 Half Year Heli Market Trends Single-Engine edition.

The report, backed by Aero Asset’s expertise and proprietary market insight, offers a comprehensive analysis of the worldwide, preowned single-engine helicopter market in the first half or first semester of 2024. The data shows that global sales have stabilized on a positive trend for the first time in three semesters.

“During the first half of 2024, retail sales for single-engine helicopters were up for the first time in a year and a half,” said Valerie Pereira, Aero Asset’s Vice President of Market Research. “The supply of single-engines for sale also increased, but pricing remained steady versus the same timeframe last year.”

After falling for three consecutive semesters, Aero Asset’s market analysis shows that retail sales increased 4% in the first half of 2024 (S1 2024) compared to the same period in 2023 (YOY). The supply of single-engine helicopters ended 23% higher YOY, and the absorption rate increased to 13 months of supply at current trade levels.

Regions

In the first half of 2024, Europe and North America accounted for 60% of the worldwide supply of single-engine helicopters for sale. Europe held the largest share of the supply (35%), followed by North America (25%), Asia Pacific (22%), Latin America (11%) and rest of world (7%).

The data reveals that retail transactions to Europe resumed in 2024 following a slump the previous year. However, most helicopter sales continue to be driven by North American buyers, accounting for 63% of all transactions S1 2024.

Liquidity

The most liquid preowned single-engine helicopter market in the first half of 2024 was the Airbus AS350 B3/B3e/H125, followed by the Bell 407/GX/P/I and the Leonardo AW119K/Ke/Kx. The Airbus EC130 B4/H130 was the least liquid market, with an absorption rate of 1.6 years.

Download 2024 Half Year Heli Market Trends Single-Engine Edition

This year’s report includes a conversation with Giacomo Zampetti, VP of Marketing at Leonardo Helicopters.

BlueSky Business Aviation News | 11th July 2024 | Issue #756