Used Aircraft Inventory Levels Continue Upward Trend
LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.
- LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.
- "Although the bulk of available used aircraft in the market is five years old or older, we've seen an uptick in used late-model aircraft inventory levels over the past few months," says Controller Department Manager Brant Washburn.
- Inventory levels of used piston single aircraft decreased 1.53% M/M and 18.71% YOY in March and continue to trend downwards.
- Inventory levels of used turboprop aircraft increased 8.33% M/M and 15.64% YOY and are now trending sideways.