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Press Release
Issued by Aero Asset.
July 8, 2024
Aero Asset, a Toronto, Canada-headquartered helicopter sales and market intelligence firm, has announced the release of its latest report, the 2024 Half Year Heli Market Trends Single-Engine edition. This report, backed by Aero Asset's expertise and proprietary market insight, offers a comprehensive analysis of the worldwide, preowned single-engine helicopter market in the first half or first semester of 2024. The data shows that global sales have stabilised on a positive trend for the first time in three semesters.
“During the first half of 2024, retail sales for single-engine helicopters were up for the first time in a year and a half,” said Valerie Pereira, Aero Asset's vice president of market research. “The supply of single-engines for sale also increased, but pricing remained steady versus the same timeframe last year.”
Aero Asset's market analysis shows that, after falling for three consecutive semesters, retail sales increased 4% in the first half of 2024 (S1 2024) compared to the same period in 2023 (YOY). The supply of single-engine helicopters ended 23% higher YOY, and the absorption rate increased to 13 months of supply at current trade levels.
In the first half of 2024, Europe and North America accounted for 60% of the worldwide supply of single-engine helicopters for sale. Europe held the largest share of the supply (35%), followed by North America (25%), Asia Pacific (22%), Latin America (11%) and rest of world (7%).
The data reveals that retail transactions to Europe resumed in 2024 following a slump the previous year. However, most helicopter sales continue to be driven by North American buyers, accounting for 63% of all transactions S1 2024.
The most liquid preowned single-engine helicopter market in the first half of 2024 was the Airbus AS350 B3/B3e/H125, followed by the Bell 407/GX/P/I and the Leonardo AW119K/Ke/Kx. The Airbus EC130 B4/H130 was the least liquid market, with an absorption rate of 1.6 years.
Download 2024 Half Year Heli Market Trends Single-Engine Edition:
Heli Market Trends reports have become a trusted source of insight and analysis covering the global preowned helicopter market. The latest 2024 Half Year Heli Market Trends Single-Engine Edition report with all its data and valuable analysis can be downloaded via the Aero Asset website. This report includes a conversation with Giacomo Zampetti, VP of marketing at Leonardo Helicopters.