JetNet Releases Q1 2010 Pre-Owned Helicopter Market Information

JetNet Releases Q1 2010 Pre-Owned Helicopter Market Information 23 Apr, 10, Source: JetNet

Helicopter – Turbine

The number of pre-owned turbine helicopters for sale at the end of the 1st quarter of 2010 was less than 1,200 helicopters, or 200 less than the business turboprop market. The percentage for sale of 6.9% (a seller’s market) in March 2010 is higher compared to 6.1% in the same month of 2009.

The number of pre-owned retail sale transactions for turbine helicopters of 328 in the 1st quarter of 2010 is the lowest quarterly level since JETNET started reporting helicopter transactions in 2006. Comparing the most recent quarter of 2010 to the same quarter in 2009 at 477, the number of transactions is down by almost a third.

The average months on the market for turbine helicopters was 9.7 months in the 1st quarter of 2010, compared to 7 months in the same quarter of 2009.

Helicopter – Piston

The number of pre-owned piston helicopters for sale at the end of the 1st quarter of 2010 was less than 600 helicopters, or half the number of turbine helicopters. However, the percentage for sale of 6.7% (a seller’s market) was slightly below the 6.9% level from the same period of 2009.

The number of pre-owned retail sale transactions for piston helicopters of 260 in the 1st quarter of 2010 is the lowest quarterly level since JETNET started reporting helicopter transactions in 2006. Comparing the most recent quarter of 2010 to the same quarter in 2009 at 400, the number of transactions is down by 35%.

The average months on the market for turbine helicopters was 7.4 months in the 1st quarter of 2010, compared to 5.6 months in same quarter of 2009.

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