At the start of Heli-Expo 2024, Aero Asset, a global helicopter sales and market intelligence firm, announced the release of its 2023 Heli Market Trends Twin-Engine Edition.
This popular annual report features proprietary market intelligence and analysis, providing buyers and sellers with valuable insight into the global preowned twin-engine helicopter market.
Valerie Pereira, Aero Asset’s Vice President of Market Research, said 2023 saw fewer twin-engine helicopter deals than 2022 and a stable supply of helicopters for sale.
“Our data shows that retail sales volume for twin-engine helicopters decreased by 12 percent in 2023 versus 2022,” she explained. “Yet supply remained constant year over year (YOY), and the absorption rate increased for the first time in three years to 14 months of supply at current trade levels.”
Weight Class Performance
When broken down by weight class, retail sales in the light twin-engine helicopter market declined eight percent, and supply for sale increased 15 percent YOY. In the medium twin market, both retail sales and supply declined. In the heavy twin market, supply was stable YOY, and retail sales increased 36 percent over the same period.
Average Retail Prices Resilient
The average transaction price of twin-engine helicopters remained resilient in 2023.
The average transaction price (ATP) for medium twins declined three percent, but the ATP for both light and heavy twins increased 18 percent, resulting overall in a 10 percent higher ATP YOY.
Regional Shifts
In the last year, there were noticeable shifts in retail sales and supply of twin-engine helicopters by region. North America and Europe saw the most significant drops in retail sales volume. These two regions accounted for 75 percent of total retail sales in 2022 but only 50 percent in 2023. Retail sales volume in all other regions increased during the same period. Supply for sale in North America and Europe represented 64 percent in 2023, a 20 percent increase from 2022. Twin-engine supply in all other regions decreased YOY.
Liquidity Lineup
At the end of Q4 2023, there were 40 deals pending at various stages of transaction. This was 75 percent higher than Q4 2022 and represents the highest number of twin-engine helicopter deals pending recorded in the last five years.
If you have questions or would like additional information, please visit the Aero Asset team at their Heli-Expo booth #1617 at the Anaheim Convention Center.
Download Heli Market Trends 2023 Twin-Engine Edition
Visit aeroasset.com/report to download the report with all its data and analysis, as well as an interview with Ollie Dismore, Technical and Safety Executive at the European Helicopter Association (EHA).
In 2023, the best-performing twin-engine helicopter in the preowned market was the Bell 429, followed by the Leonardo A109E Power. The Sikorsky S92A and Leonardo AW109S/SP shared third place, with absorption rates under six months of supply at the current transaction volume. The slowest-performing preowned twin markets were the Leonardo AW169 and Sikorsky S76D.
Deal Pipeline
At the end of Q4 2023, there were 40 deals pending at various stages of transaction. This was 75 percent higher than Q4 2022 and represents the highest number of twin-engine helicopter deals pending recorded in the last five years.
If you have questions or would like additional information, please visit the Aero Asset team at their Heli-Expo booth #1617 at the Anaheim Convention Center.
Download Heli Market Trends 2023 Twin-Engine Edition
Visit aeroasset.com/report to download the report with all its data and analysis, as well as an interview with Ollie Dismore, Technical and Safety Executive at the European Helicopter Association (EHA).
