AMSTAT releases Aircraft Valuation Tool Report indicating a recent uptick in business aircraft values.
Tinton Falls, NJ – April 6, 2018: According to latest AMSTAT Aircraft Valuation Tool, the average estimated values for four of the five major business aircraft segments have risen since the start of Q4 2017.
The AMSTAT Aircraft Valuation Tool (AVT) calculates objective real‐time estimated values for business aircraft. The AVT Aircraft Values Report provides the market with the normalized average estimated value for business aircraft by segment over the last 12 months.
According to the latest AVT Aircraft Value Report:
– In the Heavy Jet segment, the average estimated value is up +7.8% since October 2017 from $14.1M to $15.2M. The same metric is down ‐7.3% year‐over‐year and up just +0.5% year‐to‐date;
– In the Medium Jet segment, the average estimated value trend has remained relatively flat compared to other segments. The average estimated value in this segment is up just 0.4% since the start of Q4 2017 to $3.1M. Yearover‐ year this metric is up just +1.4% and year‐to‐date is up just +0.8%;
– In the Super‐Mid segment, the average estimated value is up +23.7 from $5.7M to $7M since October 2017. The same metric is down ‐5.1% year‐over‐year and up 7.1% year‐to‐date;
– In the Light Jet segment, the average estimated value is up +6.9% since October 2017 from $2.3M to $2.4M. The average estimated value in this segment is up +12.7% year‐over‐year and up +0.7% year‐to‐date;
– In the Turbo‐prop segment, the average estimated value is up +18.8% from $2.2M to $2.6M since October 2017. Year‐over‐year this metric is up 0.9% and year‐to‐date it is up +8.2%.
“By looking at normalized data we can do a proper comparison of values over time” said Andrew Young, AMSTAT General Manager. He went on to add “the increase in estimated values reflects recent increases in market demand and a tightening market with fewer options for buyers”.