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Aero Asset, a Toronto-based helicopter brokerage firm, has published its Q2 2019 report on the preowned helicopter market.
The report breaks down current trends in the market based on aircraft configuration, age, weight class and model. It notes that out of US$1.2 billion worth of preowned supply, US$188 million in aircraft sales have been completed to date in 2019.
Twin-engine retail sales are up across all weight classes except for the medium twin, which accounts for 30 percent of preowned sales to date.
Based on configuration, corporate/VIP helicopters account for 64 percent of all transactions, while utility aircraft make up 27 percent of sales, and EMS configurations round out the last nine percent.
In 2019 so far, light aircraft have taken the largest market share with 70 percent of all sales across the quarter. Most aircraft sold have been between the ages of 10 and 20 years old, though helicopters younger than 10 years old have earned more in total sales, with a 58 percent hold on the market.
Aero Asset reports that although Europe made 38 percent of preowned purchases in Q2, it is North America that has made the most purchases in 2019 with 31 percent of all transactions.