Toronto North American demand leads half year rise in preowned twin helicopter market |
Aero Asset’s second quarter Heli Market Trends report indicates 15 percent stronger preowned twin engine helicopter retail sales volume in the first half of 2021. Available inventory shrank as the supply of helicopters for sale fell 10 percent year over year.
After trailing Europe last year, North America led transaction volume, accounting for half of global preowned twin engine helicopter transactions to date in 2021. VIP configured sales volume led the way, with an increase of 40 percent year over year.
“Light twin engine retail sales jumped nearly 40 percent in the first two quarters of 2021, and medium twin sales 25 percent,” said Aero Asset Vice President of Market Research Valerie Pereira. “Heavy helicopter sales, however, slumped during the same period,” she added.
Deal Pipeline Drops
Pereira noted that after two consecutive quarters of growth in the number of deals pending at various stages of transaction, the deal pipeline decreased a sizable 35 percent in the second quarter compared to the first. However, the number of deals pending in the pipeline were up 15 percent year to date, vs. same period in 2021.
The most liquid preowned market year to date was the Leonardo AW109S/SP, closely followed by the EC/H145. The Canadian-based helicopter trading firm just released its second quarter 2021 Heli Market Trends report, compiling preowned retail sales and supply trends for 13 twin-engine models in the light, medium and heavy-weight categories.
BlueSky Business Aviation News | 15th July 2021 | Issue #614
