Used Turboprop Airplanes Experience Substantial Inventory Increases in November
LINCOLN, Neb., Dec. 6, 2023 /PRNewswire/ -- Inventory levels are still rising across all used aircraft segments in Sandhills Global marketplaces.
- LINCOLN, Neb., Dec. 6, 2023 /PRNewswire/ -- Inventory levels are still rising across all used aircraft segments in Sandhills Global marketplaces.
- The most recent Sandhills market reports point to the worldwide used jet market as the leader in inventory increases at 49.64% year over year.
- "The used aircraft market is becoming more price-competitive, with prices starting to stabilize and even decrease," says Controller Department Manager Brant Washburn.
- The used turboprop aircraft market saw a significant increase in inventory levels in November, up 10.83% M/M and 26.55% YOY, following several consecutive months of increases.