Aero Asset, a helicopter trading firm, has released its first Heli Market Trends Report for single-engine pre-owned helicopters. Comparing market performance for the first half of 2022 with the same period of 2021, the report found that the supply of aircraft for sale shrank on slightly lower transaction volume.
The release follows an earlier report concentrating on the twin-engine helicopter market. The next twin-engine report is to be released in early September 2022, and the next single-engine report in January 2023.
“Retail sales volume decreased 10% in the first six months of 2022, compared to 2021,” said Valerie Pereira, vice president of market research at Aero Asset. “During the same period, supply for sale decreased by 65%.”
The report states that 106 units traded in the first half of 2022, valued at $200m. Supply for sale in the second quarter of 2022 represented 64 units worth $134m and was down 65% compared with the same period of 2021.
North American buyers accounted for two thirds of all transactions in the first six months of 2022. Meanwhile, transactions to Europe dropped 50% year over year, while still contributing 38% of the single-engine supply available for sale. North America accounted for 12% of the total supply for sale, Latin America 19% and the Asia Pacific region 17%.
By far, VIP-configured helicopters accounted for most of the single-engine deals so far in 2022, at 60%. EMS-configured supply for sale dropped to historic lows and utility-configured supply available for sale dropped 75% year over year.
This Heli Market Trends Report covers single-engine pre-owned helicopter models in production and variants with recent pre-owned sales activity. Its data does not include sale of new aircraft, leases, sale-lease-backs, early buy-outs, sale to government, or for part-out.
The report also includes a conversation with Hector Tamarit Almagro, who has spent the past 22 years in the aviation industry, working with Pegasus Aerogroup and serving as the CEO since 2016. His international experience includes living and working in Spain and in Chile, where he started Pegasus South America, a subsidiary company of Pegasus Aerogroup.